The CFPB, along with other federal regulators, calls on mortgage servicers to safeguard at-risk homeowners in the wake of pandemic protections.
Read More »Share of Single-Income Homes on the Rise
The pandemic has caused shifts in the demographics of households including how many streams of income a household has while others found happiness by moving to a new metropolitan area to take advantage of a different housing market or to be closer to family.
Read More »Home Prices Rise for Sixth Consecutive Month
Rising at an annualized rate of 17.6%, the latest analysis has found that home prices across the nation continued to climb at a record pace in September.
Read More »Investors Are Returning to the Market in Big Ways
Nationally, investor activity accounted for 5.7% of home purchases and 4.5% of home sales in July meaning that on net, they were buying more than selling and competing with homebuyers nationwide.
Read More »Refis Reduced to 45% of Total Volume
The latest data from Optimal Blue’s daily interest rate tracker found interest rates for a 30-year mortgage by the end of October increased 6 basis points to 3.27%, which now totals a 30 ...
Read More »Fannie Mae Market Report: Consumer Sentiment and Housing
Despite pessimism regarding the U.S. economy, and a predicted rise in rates, a new GSE poll found homebuyer sentiment on the rise in October.
Read More »Rising Interest Rates Driving Late-Season Homebuying Push
In an unseasonable move, home prices and the rate at which they sell both ticked upwards in October, bucking trends that usually see a cooling during this time of year.
Read More »How Using Third-Party Data Positively Impacts the Mortgage Industry
MReport takes a closer look at how mortgage professionals should focus on streamlining processes through automated technology and data-enabled solutions.
Read More »Six Strategies to Eliminate Processor Bias
When processor bias is present, it can create inefficiencies that trickle down to the production team, slowing down closings and hampering business. MReport delves into six measures to take in order to avoid this issue.
Read More »No Matter the Price, Homes Selling Quickly
An average-priced home now sells within 16 days, down by 12 days year-over-year, when it took about a month to sell the same home.
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