Home purchase mortgage originations are anticipated to grow from $1.9 trillion in 2021 to $2.1 trillion in 2022, and $2.2 trillion in 2023, according to a new Freddie Mac forecast.
Read More »Fannie Mae Examines Appraisal Inequality
In breaking down 1.8 million appraisals over 2019-2020, the GSE investigates divergent appraisal values among Black and white borrowers.
Read More »The Average Home Now Costs More Than $475k
Lack of sufficient inventory combined with inflation and the threat of rising interest rates continue to put pressure on the market.
Read More »U.S. Sees Biggest Rent Jump in Two Years
Redfin agents report the biggest increase was in Austin, where rents surged 40% from a year earlier during the pandemic.
Read More »Coronavirus Housing Report Spotlights Locales Vulnerable to Economic Impact
According to a report, Chicago and New York City areas were the cities most at-risk of negative economic damage related to the pandemic in Q4 of 2021.
Read More »Victoria Garcia DeLuca Joins Guild Mortgage in New D&I Role
New role of VP of Marketplace Diversity Strategy was established to foster Guild’s goal to increase homeownership among minorities and underserved markets.
Read More »Mortgage Applications Decreased 7.1% for New Home Purchases
The MBA estimates new single-family home sales will continue running at a seasonally adjusted annual rate of 887,000 units in December 2021.
Read More »Total Expert Appoints Chad Gaydos as President
SAP Senior Executive to scale business operations and accelerate growth and implement go-to-market sales and operations experience.
Read More »Built-to-Rent Homes Projected to Hit Record High in 2022
According to a recent survey of 3,300 renters on RentCafé, as many as 78% said they were interested in living in a community of single-family homes. The survey ...
Read More »Mortgage Rates Climb for the Second Consecutive Week
After weeks of hovering just above the 3% mark, mortgage rates changed course for the second straight week, reaching highs last seen prior to the pandemic.
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