The Tunnel to Towers Foundation announced today that it has paid off the mortgages held on the homes of twenty-one fallen first responder families, in honor of the ...
Read More »How Good Ideas Become Sunk Costs
As mortgage businesses rush to automate, some eventually find that their shiny new technology is not delivering the expected returns … if it even goes live. Jim Paolino of LodeStar Software Solutions explains why.
Read More »Mortgage Rates Jump to 14-Year High
Mortgage rates jumped 23 basis points week-over-week, hitting a high mark last seen in late 2008, as heightened inflationary concerns are pushing more prospective buyers back to the sidelines.
Read More »New Home Listings Down Nearly 30% YoY
HouseCanary, Inc. has released its latest monthly Market Pulse report, covering 22 listing-derived metrics and comparing data between August 2021 and August 2022, which found that the housing market ...
Read More »Women in Housing: Giving Back to the Community
Among those to be recognized during the upcoming Women in Housing Leadership Awards Luncheon, the Corporate Social Responsibility Award winner will be honored for giving back to the community and enacting positive change.
Read More »House-Hunting Process Wearing on Renters
According to a new Zillow report, finding and landing a rental is stressing Americans out nationwide. The typical monthly rent in the U.S. has soared to a record ...
Read More »Slowdown in Loan Volumes Provides Opportunities for Automation
Suzanne Ross of Ocrolus explains how digital advances in the mortgage space have created a new paradigm that may help insulate lenders from a drop in market activity.
Read More »Which Metros Offer the Best Chances of Obtaining Homeownership?
In modern-day America, even a top job’s paychecks do not always open the door to acquiring homeownership. However, regional differences still make it possible for workers in a ...
Read More »Purchase Apps Hit Month-Long Slide
With mortgage rates spiking upward, mortgage application volume took another hit, falling for the fourth consecutive week, as markets continued to re-assess the prospects for the economy and the path of monetary policy.
Read More »Consumers Continue to Express Pessimism About Homebuying Conditions
The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 0.8 points in August to 62.0, the sixth consecutive monthly decline of the index, according to their latest report. Surveyed consumers ...
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