Redfin: Share of Buyers Looking to Move to a New Metro Area Fell in...
The impact of the pandemic on homebuyer migration patterns is waning - but with higher mortgage rates and limited inventory, people aren't exactly flocking...
Mortgage Rates Edge Lower But is it Enough to Entice Buyers?
Mortgage rates continued to edge lower this week, as the average rate for a 30-year fixed-rate mortgage hit 6.61%, down from 6.67% last week...
NAR: Pending Home Sales Were Flat in November
Pending home sales were flat in November compared with October but were down 5.2% compared with November 2022, according to the National Association of...
Avanze Hires Mikel Martin as Executive Vice President, Enterprise Sales
Mikel Martin recently joined Avanze Business Solutions, a BPS company in the mortgage industry, as executive vice president, enterprise sales.
Martin has more than three...
New Home Sales Dropped in November in Reaction to Higher Mortgage Rates
New home sales plummeted 12.2% in November compared with October but were up 1.4% compared with November 2022 to reach a seasonally adjusted annual...
ICE: Mortgage Delinquencies Increased in November as Rising Rates Started to Impact Performance
The national mortgage delinquency rate edged higher to 3.39% in November, an increase of 3.95% compared with October but down 2.88% compared with November...
Mortgage Servicer LoanCare Reports Data Breach
The personal information of more than 1.3 million consumers was compromised as the result of a cyber attack on mortgage servicer LoanCare’s systems.
In the...
Case-Shiller: U.S. Home Prices Accelerated in October Despite Rising Mortgage Rates
U.S. home prices increased 0.6% on an adjusted basis in October compared with September and were up 4.8% compared with October 2022, as the...
ATTOM: Home Affordability ‘Stopped Getting Tougher’ in Q4
Although mortgage rates fell in November and December, home affordability remained basically flat in the fourth quarter compared with the third quarter and was...
More Than 50 Lenders Added to Argyle’s Verifications Platform in 2023
Argyle, offering automated borrower income and employment verifications, reports that it added 50 new IMB, credit union and bank customers to its platform in...
MyHome Completes Acquisition of Volly
MyHome, a Williston Financial Group Company that provides closing solutions for real estate, has completed the acquisition of Volly, a provider of technology and...
Homebuyer Affordability Improved in November
The national median payment that mortgage applicants would pay for a home purchase fell to $2,137 in November, down from $2,199 in October, according...
Modex Now Integrated With OptifiNow
Modex, a platform that uses mortgage data to connect mortgage LOs with employers and vice versa, is now integrated with OptifiNow, a provider of...
Mortgage Rates Continue to Fall
The average rate for a 30-year fixed-rate mortgage fell to 6.67% this week, down from 6.95% last week, according to Freddie Mac’s Primary Mortgage...
NotaryCam Authorized to Provide RON Services in California
NotaryCam, a provider of remote online notarization (RON) services and solutions, will support remote online notarial acts in California beginning in 2024 following the...
First American: Falling Mortgage Rates Have Boosted Homebuying Power
Home sales will reach a seasonally adjusted annualized rate of 4 million in 2023, thanks to falling mortgage rates in the fourth quarter, First...
Existing-Home Sales See First Increase in Five Months
Existing-home sales inched up 0.8% in November compared with October to a seasonally adjusted annual rate of 3.82 million - the first increase in...
Mortgage Applications Fell Last Week Despite Lower Rates
Despite significantly lower mortgage rates, mortgage application volume decreased 1.5% during the week ended December 15, according to the Mortgage Bankers Association’s (MBA) Weekly...
Applications for New Home Sales Sank in November But Remained Up Year-Over-Year
Applications for mortgages for new home purchases decreased 12% in November compared with October but were up 21.8% compared with November 2022, according to...
Housing Starts Jumped 14.8 Percent in November, Driven by Lower Mortgage Rates
Housing starts surprised in November, reaching a seasonally adjusted annual rate of 1.56 million, an increase of 14.8% compared with October and up 9.3%...