Existing-Home Sales Inched Up in July as Inventory Increased
Existing-home sales were at a seasonally adjusted annual rate of 4.01 million in July, an increase of 2.0% compared with June and an increase...
Westcor Launches Wire Verification Tool to Protect Real Estate Transactions
Westcor Land Title Insurance Company has launched val-Wire by Westcor, a wire verification tool delivers protection for title agents and keeps them ahead of real...
Mortgage Applications Fell Last Week While Rates Remained Flat
Mortgage application volume decreased 1.4% during the week ended August 15, according to the Mortgage Bankers Association’s (MBA) Weekly Applications Survey.
The average rate for...
Housing Starts Increased in July But Homebuilders Continue to Face Stiff Headwinds
Housing starts in July were at a seasonally adjusted annual rate of 1.428 million, an increase of 5.2% compared with June and up 12.9%...
AnnieMac Home Mortgage Acquires Certain Assets of Home Solution Lenders
AnnieMac Home Mortgage has acquired certain assets of Florida-based lender Home Solution Lenders Inc. (HSL) for an undisclosed sum.
Acquiring HSL’s construction-to-permanent (CTP) loan expertise,...
Two-Thirds of Recent Gen Z and Millennial Home Buyers are Counting on Rate Drops
Desperate times call for desperate measures.
Faced with high mortgage rates and high home prices, some homebuyers - particularly younger and first-time home buyers -...
Applications for Refinances Surged on Lower Rates Last Week
Mortgage application volume surged 10.9% on an adjusted basis last week, driven mainly by a sharp increase in applications for refinances, as rates dropped,...
Flyhomes Secures $15 Million Series D Funding
Flyhomes, which offers a wholesale “buy before you sell” loan program, has secured $15 million in Series D funding, led by existing investors.
The capital...
Mortgage Bankers Association Nominates John Hedlund to Serve as Vice Chairman
John Hedlund has been nominated to serve as vice chairman of the Mortgage Bankers Association for the 2026 membership year.
A prominent MBA voice and...
Mortgage Credit Availability Increased Slightly in July
Mortgage credit availability increased slightly in July, rising 0.2% to a score of 103.9 on the Mortgage Bankers Association (MBA) Mortgage Credit Availability Index...
Clear Capital: Home Prices Up 1.7 Percent Nationally in Q2
U.S. home prices increased 1.7% during the three-month period ended July 31, according to Clear Capital.
Compared with a year ago, home prices are up...
Mortgage Rates Fall to Lowest Level Since April
Mortgage rates continued to fall this week: According to Freddie Mac’s Primary Mortgage Market Survey the average rate for a 30-year dropped to 6.63%...
Westcor Launches Westcor Agency Services
Westcor Land Title Insurance Company has launched Westcor Agency Services, which offers licensed and non-licensed state fulfillment services for both residential and commercial transactions,...
Planet Home Lending Taps Vincent Ortiz as Florida Area Sales Manager
Vincent Ortiz has joined Planet Home Lending as area sales manager for the company’s Southeastern footprint.
Ortiz has nearly 25 years of mortgage industry experience....
ATTOM: Share of ‘Equity-Rich’ Homes Increased in Q2
After falling for three consecutive quarters, the share of “equity-rich” homes increased to 47.4% in the second quarter, up from 46.2% in the first...
Why Mortgage Servicers Need a Closed-Loop Payment System Against Evolving Fraud
The digital age, while bringing unparalleled efficiency, has also ushered in an era of increasingly sophisticated financial fraud. For mortgage servicers, who handle vast...
First American: Home Prices Not Likely to Crash Like They Did in 2008
If you think home prices nationwide are going to decrease significantly in the months to come, you better think again: A report from First...
Cotality: Home Price Appreciation Continued to Slow in May
U.S. home prices increased 0.5% on an adjusted basis in May compared with April and were up 2.3% compared with May 2024, according to...
July Jobs Report ‘Well Below Consensus Estimates’
The U.S. labor market weakened in July, adding only 73,000 jobs, far lower than expected, however the unemployment rate remained flat at 4.2%, according...
Pending Home Sales Decreased Slightly in June
Pending home sales decreased 0.8% in June compared with May and were down 2.8% compared with June 2024, according to the National Association of...