The housing market is showing signs of a typical seasonal cooling, but houses are still selling at a blistering pace with most houses selling within two weeks of being listed.
Read More »Mortgage Origination 2022 Forecast to Hit $2.59T
While originations are expected to remain solid, the MBA expects refis will further slow next year, decreasing by 62% to $860 billion from $2.26 trillion in 2021.
Read More »Most Borrowers Want to Close In-Person
As the digitization of the real estate buying process becomes the new norm, buyers still want appraisals, closing to be done in-person.
Read More »NMB Taps Nate Hernandez as New COO
With more than 20 years of industry experience, mortgage industry sales leader joins lender to oversee day-to-day operations.
Read More »Appraisal Technology Innovation That Maximizes ROI for Mortgage Lenders
Rather than focusing solely on the customer-facing portions of the mortgage origination cycle, lenders must also focus on streamlining the unseen backend elements that account for the biggest delays (Sponsored Content).
Read More »Senior Home Wealth Increases 3.7% in Q2
The increase in older homeowners' wealth was mainly driven by an estimated 3.4% or $381 billion increase in home values.
Read More »Supply Chain, Fuel Prices Weigh on Economy
The speed at which the labor market recovers impacts the economy’s output potential. Short-term energy prices can also impact its growth potential, inflation, and interest rates.
Read More »Sunshine State Migration Forces Rise in Home, Rental Rates
Three Florida metros saw a 36% gain in rent prices, as more continue to escape expensive northeast metros in favor of southern markets.
Read More »The Week Ahead: Examining the Barriers to Housing Equity
An upcoming virtual event from the Harvard Joint Center for Housing Studies will explore various approaches by state and local governments to attain the goal of greater housing equity across communities. Here’s what else is happening in The Week Ahead.
Read More »UWM Tests Crypto Mortgage Payments
Mortgage lender completes pilot program of accepting cryptocurrency mortgage payments from borrowers and evaluating the use of blockchain technology in the future.
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