Despite an increase in residential property listings each of the last eight months, the shortage of homes for sale remains more pronounced than ever, home prices continue to ...
Read More »Biden’s Eviction Moratorium Blocked After Supreme Court Ruling
The U.S. Supreme Court has put a stop to the extension of the eviction moratorium by the CDC, with tenants losing vital protections.
Read More »Mortgage Rates Finding Stable Ground
While still below the 3% range, the window of opportunity for refis remains wide open; however, high asking prices are turning many away from the purchase market despite the record low rates.
Read More »Cities Where Rent Prices Exceed Home Loan Payments
The average monthly cost to lease a house has shot up almost 10% nationwide, meaning more Americans might want to consider homeownership, economists say.
Read More »Median Home Sale Prices Eclipse $360K
Redfin reports that the national median home price is up 16% year-over-year, with home sellers still very much in the driver's seat.
Read More »New Home Sales on the Rise in July
The Census Bureau and HUD have found new home sales slowing in July, rising slightly over June’s totals, and limited by multiple supply-side headwinds.
Read More »Newrez Finalizes Caliber Home Acquisition
Company leaders say they intend to bring together complementary mortgage platforms to boost earnings power.
Read More »Mortgage Apps Rebound After Down Week
Rates below the 3% mark continue to feed the refi frenzy, as increases were found in both purchase apps and refinances over the previous week.
Read More »Rental-Aid Distribution Remains Slow
With the well-being of both property owners and tenants dependent upon the funds, the Treasury reports, "grantees need to do more to urgently accelerate efforts."
Read More »Independent Mortgage Bankers’ Quarterly Profits Dip
Analysts say stiffer competition, lower production volume, and a shift in purchase/refi activity led to lower revenues and higher expenses.
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