Foreclosure starts rise in October but near-term risk is muted: ICE
While foreclosure completions remained relatively flat in October, foreclosure starts rose to 33,000, hitting their highest level in 18 months, according to the...
Mortgage applications surge to highest level in six weeks: MBA
Mortgage applications rose to their highest level in six weeks after the 30-year fixed mortgage rate fell to 7.44% last week.
Total home loan...
Share of mortgage-free homeowners hits all-time high in 2022
While prospective homebuyers are grappling with still-elevated mortgage rates, a growing share of Americans are enjoying being mortgage-free.
In 2022, nearly 40% of U.S....
Attom appoints new chairman of the board
Attom Data Solutions has appointed Ned Stringham to the role of chairman of the board. His addition expands the board to six members....
Have we finally hit the bottom in existing home sales?
Has the epic crash in existing home sales finally found a workable bottom to rise from? The 10-year yield will be our guide,...
Rocket TPO announces a 25 bps credit on non-owner-occupied agency loans
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, announced Monday a promotion related to the loan level pricing adjustment (LLPA) on agency...
US annual rent growth slows for the 17th straight month in September: CoreLogic
Single-family rent prices in the United States only rose by 2.6% year over year in September, the lowest rent growth recorded in three...
CMG Financial adds Shamrock’s $300M-plus origination team
California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England.
That’s not the first addition to CMG...
Home prices will fall in 2024: Morgan Stanley
Let’s not sugarcoat it: 2023 was a bad year for the housing market. Mortgage rates eclipsed 8% at one point, inventory hit all-time...
Existing-home sales have nowhere to go but up in 2024?
Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August...
