Origination

Non-QM residential mortgage loan provider adds 30-year veteran as its new VP of Correspondent Client Development.

While price acceleration mirrors what was seen leading up to the 2008 crash, economists say the similarities between then and now end there.

Dropping interest rates "did not seem to be enough to bring borrowers, particularly refi borrowers, back to the table," analysts report.

This homebuying season, it is not unusual for desirable properties to receive 20 or more bids, and the market shows no signs of cooling, according to agents.

At least for the short term, analysts say, the number of listings under contract continues to outpace the increase in homes for sale.

Bryan Filkey, Chief Strategy Officer for Interfirst Mortgage, discusses the non-government guaranteed space and managing workforce capacity as the housing market evolves.

Recent research shows the reasons some heads of households are disappointed in their property purchases and what solutions, including selling, they are considering.

Low housing inventory and high demand are pushing prices higher and “weighing down on activity," economists report.

Low mortgage rates and surging homebuyer demand, combined with low existing homes for sale is increasing the share of new construction nationwide.

Without more homeowners listing, buyers are scrambling to compete for the limited number of homes on the market, economists say, driving prices up to new heights.