Rep. Nick LaLota's HR 3186 will provide financial assistance for supportive services for very low-income veteran families in permanent housing.
Read More »First American Adds Jody Mulkey as Chief Technology Officer
In his new role overseeing First American’s corporate product development team, accomplished tech leader will lead enterprise product development, enhancing products serving customers across multiple divisions.
Read More »Average U.S. Home Selling Above Asking Price
Redfin reports that—for the first time since August 2022—the average sale-to-list price ratio has surpassed 100%, with low inventory and steady demand driving up home prices nationwide.
Read More »Mortgage Rates Hit 2023 High Mark
“This upward trend is being driven by a resilient economy, persistent inflation, and a more hawkish tone from the Federal Reserve,” said Freddie Mac Chief Economist Sam Khater.
Read More »Purchase Apps Fall for First Time in a Month
As the fixed-rate mortgage edges closer to 7% and still over a percentage point higher year-over-year, the MBA reports that overall mortgage application volume fell to its lowest level in a month.
Read More »Embracing E-Mortgages
On the road to adopting an all-digital mortgage process, the Five Star Institute and DocMagic will present an upcoming webinar discussing the hurdles that must be overcome, and how to balance the human touch in an electronic landscape.
Read More »Fleeing the West to Flock to the East
A new study from Veros has found that markets in the Western U.S., once popular destinations, are displaying signs of weakness, with regions in the Midwest and Eastern part of the nation emerging as targets for buyers seeking affordability and economic stability.
Read More »Serving the Underserved
Fannie Mae’s recap of its Environmental, Social, and Governance efforts in 2022 details how the GSE acquired mortgages supporting 1.2 million single-family home purchases nationwide, nearly half of which were for first-time homebuyers.
Read More »Service Members Increasingly Eager to Purchase Homes
Veterans United takes a closer look at how U.S. veterans feel about purchasing a house in the near future, and how eager they are to jump into the current marketplace.
Read More »Are Credit Scores Too Important to Lenders?
Many Americans, discouraged by traditional creditworthiness assessment tools, are giving up on their homeownership dreams, according to a new report from FormFree.
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