While rates continue to hover at record lows, a rise in economic and financial market uncertainties, competition remains high for tight inventory as affordability issues linger.
Read More »Interfirst Adds Tony Santangelo as East Coast VP of Wholesale
With 34 years of industry experience, Interfirst’s new VP of Regional Wholesale Production will be tasked with growing the firm’s national footprint.
Read More »Freddie Mac Addresses Underserved Markets With New $3B Bond Initiative
In a measure to support affordable homeownership goals, the GSE plans to offer at least $3 billion in affordable housing bonds by end of 2022.
Read More »Housing Market Survey: Great Time to Sell (Not Buy)
A wide disparity exists between homebuyers and homesellers according to September's Home Purchase Sentiment Index (HPSI) with the overall index decreasing by 1.2 points to 74.5 points. Year-over-year the index is down by 6.5 points. ...
Read More »Wells Fargo To Assist 300 Homeowners With Down Payments
Wells Fargo N.A, is making it easier for low-income residents in Houston to save up for a down payment by offering $15,000 down payment assistance grants to help get prospective buyers into a ...
Read More »How Do Millennials Use Home Equity?
Millennials typically forge their own path in life, bucking the trends and norms of their parents—and now that they are in the prime home-buying time of their lives, their views on ...
Read More »Slight Rise in Rates Forces Decline in Mortgage Apps
As mortgage rates edge above the 3% mark, borrower incentive to refinance is waning.
Read More »Latest Biden Administration Measure Provides Relief for At-Risk Tenants
HUD continues to work to rush aid to renters and landlords, issuing a new pandemic-related Rule to support families in need and at-risk of eviction.
Read More »UniversalCIS & Credit Plus Announce Merger
Credit Plus, a provider of mortgage verifications and business credit reports, has issued a joint statement that it is merging with UniversalCIS, a technology-enabled provider of credit data and origination services. As a result, the new company ...
Read More »Addressing Discrimination in the Housing and Wealth-Building Space
To address and reduce the racial gap between in home ownership and wealth-building, the Urban Institute and the Federal Home Loan Bank of San Francisco (FHLBank) have committed $1.5 million to a new program called “Racial Equity Accelerator for Homeownership” which will “develop ...
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