NAR: Pending Home Sales Rose 2.2 Percent in November
Pending home sales increased 2.2% in November compared with October and were up 6.9% compared with November 2023, according to the National Association of...
FHFA Directs GSEs to Improve Their Risk Management Frameworks Related to the Use of...
The Federal Housing Finance Agency (FHFA) recently released its 2025 Scorecard for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, establishing an array of...
Zonda: The Election, Builder Incentives Helped Boost New Home Sales in November
New home sales spiked following the November election, according to a report from housing market advisory firm Zonda.
In the report, 10% of builders said...
First American: Home Price Appreciation Flattened in November
U.S. home prices decreased 0.1% in November compared with October, signaling that home price growth may have fully flattened since the first time since...
ATTOM: Homeownership Was Less Affordable in the Fourth Quarter
Home affordability worsened in the fourth quarter, as home prices were higher on average compared with the third quarter, according to ATTOM’s latest U.S....
Mortgage Rates Increase to End 2024
Mortgage rates increased this week, as the average rate for a 30-year, fixed-rate mortgage reached 6.85%, up from 6.72% last week and up from...
ATTOM: Home Flipping Was Less Profitable in the Third Quarter
About one in every 14 home sales, or 7.2% of home sales nationwide, were “flips” during the third quarter, according to ATTOM.
That’s down from...
New Home Sales Jumped 5.9 Percent in November as Rates Decreased
New home sales jumped 5.9% in November compared with December to reach an annual rate of 664,000, according to the U.S. Census Bureau and...
Planet Home Lending Hires Candice McNaught as SVP, Business Development and Strategic Initiatives
Candice McNaught has joined Planet Home Lending, a national mortgage lender, servicer, and asset manager, as senior vice president, business development and strategic initiatives...
MBA: Homebuyer Affordability Decreased in November Due to Higher Mortgage Rates
Homebuyer affordability decreased in November compared with October, according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI), which measures how new...
Matador Lending Now Offering Calque’s Trade-In Mortgage
Matador Lending is the latest mortgage company to offer Calque's The Trade-In Mortgage, a loan option that allows homeowners to utilize the equity in...
Freddie Mac: Mortgage Rates Crept Up This Week
Mortgage rates crept up this week, as the average rate for a 30-year fixed-rate mortgage increased to 6.72%, up from last week when it...
Existing-Home Sales Jumped in November
Existing-home sales increased 4.8% in November compared with October and were up 6.1% compared with November 2023, according to the National Association of Realtors...
Fed Cuts Rates 0.25 Percent, as Anticipated
Citing that economic activity has continued to expand at a solid pace, the Federal Open Market Committee (FOMC) today voted to cut the fed...
Housing Starts Dropped in November But Permits Were Up
Housing starts decreased 1.8% in November compared with October to a seasonally adjusted annual rate of 1.289 million, according to estimates from the U.S....
Mortgage Applications Finally Dipped Last Week After Increasing for Five Weeks
Mortgage application volume dipped 0.7% during the week ended December 13, as the average rate for a 30-year, fixed-rate mortgage increased to 6.75%, up...
NAHB: Home Builder Sentiment Low in December But There is Some Optimism
Home builder sentiment was neither up nor down in December, remaining basically flat compared with November, at a score of 46 on the National...
Zillow Lists the Most Popular Cities of 2024
Manchester, New Hampshire is Zillow's most popular city of 2024.
The largest city in the state, Manchester has seen growing interest among home shoppers, Zillow...
Click n’ Close Hires Jeff Raich as a Sales Director in Correspondent Lending
Jeff Raich has joined mortgage lender Click n' Close as a national sales director in correspondent lending.
Raich has more than 20 years of mortgage...
Applications for New Home Purchases Fell in November
Applications for mortgages for new home purchases plummeted 12% in November compared with October, due to higher mortgage rates, but were up 7.2% compared...