Another Strong Jobs Report for December but Unemployment Forecast to Rise
The U.S. economy added about 216,000 jobs in December - better than expected - and the unemployment rate was unchanged at 3.7%, according to...
Guild Mortgage Lists First Two ‘Making Paradise Home’ Initiative Homes
Guild Mortgage has listed the first two homes from its Making Paradise Home Initiative.
The affordable, sustainable manufactured homes are available for sale in Paradise, Calif.,...
ATTOM Report Reveals Counties with Highest Annual Income Required to Buy a Home
Alameda County, Calif.; Orange County, Calif.; Santa Cruz County, Calif.; Kings County, N.Y.; and Napa County, Calif., were among the top U.S. counties with the...
Freddie Mac: Mortgage Rates Increase Slightly but Are Expected to Drift Down in 2024
Mortgage rates increased slightly this week, with the average rate for a 30-year fixed-rate mortgage rising to 6.62%, up from 6.61% last week, according...
BluePoint Mortgage Deploys OptifiNow’s CRM Software
BluePoint Mortgage, a wholesale mortgage lender based in Southern California, is using OptifiNow, a provider of CRM software geared for mortgage lenders, to manage...
Mortgage Applications Fell on Higher Rates to Close Out 2023
Mortgage applications decreased 9.4% during the two-week period ended December 29, as rates began to edge back up, according to the Mortgage Bankers Association’s...
FHFA: Home Prices Increased 0.3 Percent in October
U.S. home prices increased 0.3% in October compared with September and were up 6.3% compared with October 2022, according to the Federal Housing Finance...
Ameris Bank Hires Clyde Anderson to Head Community Lending
Clyde Anderson has joined Ameris Bank as director of community lending.
Prior to joining Ameris, Anderson worked as an economic development consultant specializing in affordable...
Proposed Bill Would Ban Hedge Funds from Purchasing Single-Family Properties
Democrats in Congress have introduced a bill that, if passed, would gradually ban hedge funds from buying and owning single-family homes in the U.S.
The...
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...
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...
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...