Home Prices Were Flat in May Compared With April But Up 5.7 Percent Year...
U.S. home prices were flat in May compared with April but were up 5.7% compared with May 2023, according to the Federal Housing Finance...
Mortgage Rates Dipped This Week as 30-Year Remains Stuck Around 6.73 Percent
Mortgage rates decreased this week, with the average rate for a 30-year fixed-rate mortgage falling to 6.73%, down from 6.78% last week, according to...
a360inc’s Investor Group Acquires ProVest
a360inc, a technology solutions provider to law firms, title agencies, mortgage lenders and investors, has acquired ProVest, a service of process and litigation information...
Down Payment Resource Hires Brad Cardwell as VP of Sales and Business Development
Mortgage industry veteran Brad Cardwell has joined Down Payment Resource as vice president of sales and business development.
Cardwell brings extensive industry experience in steering...
Pending Home Sales Up 4.8 Percent in June But Still Down Year-Over-Year
Pending home sales increased 4.8% in June compared with May but were down 2.6% compared with June 2023, according to the National Association of...
Fed Keeps Rates Flat But Hints at September Cut
The Federal Open Market Committee today voted to keep the Fed Funds rate flat for now at 5.25% to 5.5%. but hinted that a...
Mortgage Applications Drop for a Second Week
Mortgage application volume dropped 3.9% during the week ended July 26, while rates remained relatively flat compared with the previous week, according to he...
Rate Hires Daniel Manginelli to Head In-House Sales Coaching
Daniel Manginelli has joined Rate (formerly Guaranteed Rate) to lead the company’s in-house sales coaching platform.
Manginelli is author of “SHAKE IT UP! Big Dreams...
Motto Mortgage’s Latest Franchise Opens in Fargo
Motto Mortgage has opened a new franchise location in Fargo, North Dakota.
"Motto Mortgage Premier Pros” is now open serving all markets throughout the Peace...
Platte River Mortgage Partnering with Calque to Expand The Trade-In Mortgage in Colorado
Colorado-based mortgage and investment firm Platte River Mortgage & Investments has partnered with Calque to expand The Trade-In Mortgage in Colorado.
The Trade-In Mortgage is a...
Zillow: A Typical Starter Home is Now $1 Million in 237 U.S. Cities
The typical "starter home" is worth at least $1 million in 237 U.S. cities, according to a report from Zillow.
Five years ago, there were...
U.S. Home Prices Hit Highest Level in History in May
U.S. home prices continued to shatter records in May, rising 0.3% on a seasonally adjusted basis compared with April to reach the highest level...
Luxury Market Continued to Thrive in Q2 ‘Thanks to an Abundance of All-Cash Buyers’
The typical U.S. luxury home sold for a record $1,180,000 in the second quarter, up 8.8% from a year earlier—the biggest increase in nearly...
HELOC, Home Equity Loan Originations Were Basically Flat in 2023
HELOC and home equity loan origination volume increased 1.5% in 2023 compared with 2022, while debt outstanding increased 8.3%, according to the Mortgage Bankers...
First American: Home Affordability Improved Slightly in June
Home affordability improved from May to June but remained down 4% compared with June 2023, as per First American’s latest Real House Price Index.
“Nationally,...
Halcyon IRS Integrated Income Verification Solutions Integrated with CoreLogic
Halcyon, offering digital IRS integrated income verification solutions, has announced an integration with CoreLogic that aims to revolutionize the income verification process in the...
Deephaven Partners with Blue Water to Improve Pipeline Management
Blue Water Financial Technologies, a provider of financial management solutions, owned by Voxtur Analytics Corp., is set to transform the way Deephaven Mortgage manages...
Homebuyer Affordability Improved in June
The national median payment applied for by purchase applicants in June decreased to $2,167, down from $2,219 in May, according to the Mortgage Bankers...
Atlantic Coast Mortgage Using Nextwave CRM
Atlantic Coast Mortgage is using Nextwave CRM by CRMnow as its enterprise CRM platform for loan officers across all 30 states where it operates.
Atlantic...
Freddie Mac: Mortgage Rates Basically Flat
Mortgage rates were basically flat this week compared with last week, as the average rate for a 30-year increased slightly to 6.78%, up from...