Daily Dose

Markets in California and Utah made up more than half of the list of the top 10 performing housing markets in the nation.

Fixed-rate mortgages are dropping in the wake of the U.K.’s Brexit vote, with 30-year mortgages hitting a three-year low this week.

The U.S. housing market remains on solid footing despite facing broader economic headwinds following a disappointing May jobs report, slowing U.S. GDP growth, and uncertainty in global markets, according to Ten-X.

Morgan Stanley Chairman and CEO James Gorman said that the investment banking firm is “committed to addressing the Fed’s concerns about our capital planning process and fully expect to meet their requirements within the established timeframe.”

Out of the 100 metros tracked by Freddie Mac's MiMi, 99 of them experienced year-over-year gains.

The number of millennials living alone has been dropping for a decade, according to according to a recent report.

The FSOC reversed its determination that “material financial distress at [GE Capital] could pose a threat to U.S. financial stability.”

NAR chief economist Lawrence Yun said the strong demand that has been frustrating buyers and the spring’s swift sales “took a dent out of what was available for sale in May and ultimately dragged down contract activity.”

With the rise of homeownership comes the desire of originators to improve the customer experience. Banks are constantly looking to improve the speed, efficiency, security and simplicity of their processes. This select print feature originally appeared in the June 2016 issue of MReport magazine.

After five months on the climb, and while housing scarcity inflates, demand for housing fell off in May.