Market Trends

As homebuyer demand cools as a result of October mortgage rates hitting their highest level in over two decades, a new Redfin report showed that the share of home sellers offering concessions to attract more buyers is increasing, as some experts say house hunters are "pickier than ever before."

Nancy Atwell, the Multifamily COO and SVP for Fannie Mae, has authored a new Perspectives Blog post focusing on renters and their credit reports using data from a new poll that found a sound majority of renters want their rent payments to count towards improving their credit file kept by the three credit bureaus.

Former Head of Product Management for Google Commerce is promoted by Realtor.com to develop and execute product strategy and optimize the company's tech infrastructure.

Driven by increased activity in the jumbo mortgage market, the MBA reported mortgage credit availability on the rise to begin Q4, as lenders have begun to offer more ARM products to offset mortgage rates that reached nearly 8% in the second half of October.

The latest Zillow Home Value Index revealed that despite mortgage rates hitting a 23-year high, housing demand has remained resilient, but home values are dropping nationwide as the market continues to cool.

As part of the $140 million transaction, Arch will acquire stock from RMIC and its wholly-owned subsidiaries that together comprise Old Republic’s run-off mortgage insurance business.

The CFPB, Federal Reserve Board, and OCC have jointly launched new thresholds for smaller loan exemption from appraisal requirements for higher-priced mortgage loans for 2024.

A new report from NAR has found that the typical home buyer's annual household income has climbed to a new record high in the wake of rising home prices and mortgage rates.

A new NAREB study showed the ongoing housing shortage remains a challenge for Black homebuyers in the U.S., compounding factors such as lower median incomes, unfavorable housing market conditions, and institutional bias.

“It’s unfortunate so many homeowners are left behind when it comes to accessing their home equity,” said Eddie Lim, Co-Founder and CEO of Point. “Homeowners have earned their equity through diligence, hard work, and planning. They should have a path to leverage their equity even if they don't have perfect credit and a high income.”