The employment report for December 2020 showed a loss of 140,000 jobs in December, the first decline since April, according to Friday's Employment Situation Summary from the Bureau of ...
Read More »Despite Low Mortgage Rates, Applications Fell ‘Sharply’
While this sort of decline is typical during holiday weeks, what do economists predict for the market as we head into 2021?
Read More »An ‘Extraordinary’ Rise in House Prices: Causes and Implications
The "extraordinary" rise of house prices during a pandemic is "a major event that should not be shrugged off or ignored," a former Freddie Mac CEO explains.
Read More »Stewart Title Acquires NorthStar Title Services
This marks Stewart's fifth acquisition since June. Founder Richard Areddy said, "The combination of our local expertise and their financial strength and resources will allow us to better support our customers and grow our business.”
Read More »Nearly 40% Fewer Homes for Sale Since Last Year
What factors are driving the comparative drop in inventory since December 2019? Click through for full details.
Read More »Consumer Confidence in Housing Declines
Fannie Mae reports that unfavorable economic conditions continue to fuel increased pessimism among homebuyers.
Read More »In Most Areas, Homeownership is a ‘Financially Sound Choice’
Even as house prices rise faster than rents and wages in much of the country, homeownership is still more affordable. Researchers call it a “startling” trend.
Read More »Quantifying Racial Disparity in Home Valuations
Contactless appraisals hold promise when it comes to reducing costs and increasing accuracy, but a group of researchers have looked into the model's accuracy. Here is what they found.
Read More »Guaranteed Rate Acquires Stearns Holdings
Guaranteed Rate President and CEO Victor Ciardelli said, “Pairing the incredible talent throughout Stearns’ organization with that of our existing team exemplifies the best of the best in the mortgage business.”
Read More »The City That’s a Top Spot for Millennial Homebuyers
According to a LendingTree survey that tracked 2020 millennial homebuying data from January 1 through December 15, San Jose was the leading metro where millennials made up the largest share of purchase requests.
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