Data

While home prices rose nearly 10% year-over-year due to persistently scarce housing supply and rising inflation, buyers and sellers nationwide retreated in September as surging mortgage rates made moving more expensive.

Why is it getting harder to keep good mortgage loan officers? Brian Miller of Planet Home Lending discusses five keys to retaining that talent.

In September 2022, existing-home sales fell for the eighth consecutive month. “The current lack of supply underscores the vast contrast with the previous major market downturn from 2008 to 2010, when inventory levels were four times higher than they are today," said Lawrence Yun, Chief Economist for NAR.

While mortgage rates are discouraging buyers' homeownership goals, quickly rising interest rates continue to hamper renters’ already limited buying power in the nation’s most expensive markets.

With home sales on the decline and mortgage application volume falling to a 25-year low, Redfin reports sellers’ time on market has doubled from the spring as buyers wait for both prices and rates to come down.

The latest data from Mortgage Coach and Sales Boomerang underscores the opportunity to revisit prospects previously turned down for credit-related reasons, giving lenders the opportunity to offer timely advice and tailored financial solutions to those with newly improved credit scores.

Shannon Faries of Land Gorilla explains how construction loans can help offset market swings for lenders feeling the pinch.

A three-judge panel of the 5th U.S. Circuit Court of Appeals has ruled that the design of the CFPB violated the Constitution, as it has received funding through the Federal Reserve, rather than appropriations legislation passed by Congress.

The latest market analysis from CraftJack reveals that the number one reason Americans move is for a job, but many are seeking a lower cost of living and a warmer climate. Click through to learn which states Americans are most moving to and from, as well as why the cost of moving is deterring so many homebuyers.

Mortgage affordability has worsened coast-to-coast, rising to 30.2% nationwide. New data from Zillow reveals that housing affordability is now the worst it has been in several years, leaving many households cost-burdened.