Homebuyer demand has been outpacing supply with mortgage rates creeping upward, with demand growing 15 times faster than supply since 2019.
Read More »September Existing Home Sales, Median Home Price Both Increased
Sales of already-built existing homes increased in September in each of the four major regions monitored by the National Association of Realtors (NAR). According to a new report published by the ...
Read More »Sprout Unveils New Non-QM Offering
New AI-based iAnalyze joins a line designed to streamline loan processes for mortgage brokers and correspondents to meet the demands of non-QM financing.
Read More »Waterstone Mortgage Names Rich Harkwell as Chief Sales Officer
In his new role, Harkwell will focus on long-term sales goals, continuing to build Waterstone Mortgage’s nationwide presence.
Read More »Rise in Rates Push Decline in Mortgage Apps
With mortgage rates hitting near 18-month highs, a new report found a 6.3% slide in both purchase and refi apps week-over-week.
Read More »The Market Is ‘Cooling,’ But What Does That Mean?
While seasonal trends are in play, last month was still the second most active September on record, according to a report.
Read More »Decline in Listings Stunts Monthly Home Sales Numbers
New listings of homes for sale fell 9% from a year earlier, and closed home sales were down 5%.
Read More »Zillow Hits Pause on iBuying
Zillow, a Seattle-based real estate and financial services company, has announced that it is suspending signing new contracts with homeowners who use its iBuying service Zillow Offers until ...
Read More »Seniors Overwhelmingly Want to Stay in Their Homes
Over half of America's seniors have now paid off their home, are living without a mortgage, and view their home as the best financial decision they ever made.
Read More »Housing Market Cools as Winter Approaches
A new study has found that monthly growth in both home values and rents eased in September, continuing a seasonal calming that began late summer.
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