A new study found that 59% of home offers faced competition in September, the lowest level in nine months, amid a seasonal housing-market slowdown and an uptick in mortgage rates.
Read More »Group Pushes for Further Duty to Serve Improvements
A coalition has been created opposing the current DTS proposals, saying they aren’t in the spirit of why they were created and do not do enough to reach underserved markets.
Read More »Family Is an Important Factor for First-Time Homebuyers
Families play a key role in homeownership by helping with finances or offering advice, as 43% of those surveyed purchased a home because their parents expected it of them.
Read More »Continuing the Congressional Push for Equitable Housing
Alongside affordable housing advocates, and in testimony to Congress, Rep. Maxine Waters continues to address the affordable housing component of the Biden Administration’s Build Back Better Act.
Read More »A New Way to Resolve Mortgage Relief
Bill Maguire of Freddie Mac discusses new innovations in default management technology that are removing barriers and creating a new age of instantaneous workout decisions.
Read More »Mortgage Rates on the Rise
Fueled by the trajectory of both the economy and the pandemic, mortgage rates advanced upward this week; however, the housing market is expected to remain strong as 2021 comes to an end.
Read More »Homes Selling at Faster Pace This Fall
Homebuyer demand has been outpacing supply with mortgage rates creeping upward, with demand growing 15 times faster than supply since 2019.
Read More »September Existing Home Sales, Median Home Price Both Increased
Sales of already-built existing homes increased in September in each of the four major regions monitored by the National Association of Realtors (NAR). According to a new report published by the ...
Read More »Sprout Unveils New Non-QM Offering
New AI-based iAnalyze joins a line designed to streamline loan processes for mortgage brokers and correspondents to meet the demands of non-QM financing.
Read More »Waterstone Mortgage Names Rich Harkwell as Chief Sales Officer
In his new role, Harkwell will focus on long-term sales goals, continuing to build Waterstone Mortgage’s nationwide presence.
Read More »