S&P CoreLogic Case-Shiller reports steady acceleration in U.S. home prices to close out Q1, a period that presented some of the most competitive market conditions since the start of the pandemic.
Read More »Pending Home Sales Continue Downward Slide
Month-over-month, pending sales of homes in the U.S. remain in decline, as escalating rates have bumped up the cost of purchasing a home by more than 25% year-over-year.
Read More »Mortgage Rates Fall in the Face of ‘Multiple Headwinds’
A slight drop in mortgage rates may be a sign of market normalization, but lingering economic instability and inflationary issues remain hurdles that prospective buyers are still unable to overcome.
Read More »Rate Volatility and Economic Instability Drive Down Mortgage Apps
Consistently rising mortgage rates are forcing many refi borrowers to reconsider, as refinance activity is down 66% year-over-year according to the MBA.
Read More »New-Home Sales Continue Downward Trajectory
The price of new home sales experienced a near 17% decline in April, hitting its lowest level in two years.
Read More »Housing Inventory, Prices on the Rise in April
During a month that typically sees increasing sales in the lead up to the summer busy season, April 2022 saw sales remain essentially flat from March, increasing by ...
Read More »DocMagic Partners With Black Knight on Document Generation Solution
New agreement will provide lenders with access to DocMagic’s document generation solution and compliance support for enhanced data integrity.
Read More »Existing-Home Sales Tail Off in April
A rise in mortgage rates over the 5% mark, and an increase in prices has impacted April buyer activity, as buyers wait for the market to show signs of stability.
Read More »The Week Ahead: Examining the Second Half of 2022
WFG’s Patrick Stone and Dr. Bill Conerly share their insights and forecast for the mortgage market for the remainder of 2022 during an upcoming webinar.
Read More »Report: Origination Activity to Total $2.7 Trillion in 2022
Due to a litany of factors, Fannie Mae cut their predictions for origination activity, total sales, and GDP for 2022 and 2023.
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