REBNY to require sellers to directly pay buyer’s agent
In what could be an attempt to get ahead of changes that may be coming to the real estate industry, the Real Estate...
Will home sales finally start to grow? Data shows glimmers ahead
https://www.youtube.com/watch?v=xc--u3tmRRw
We may be nearing the bottom in home sales even if mortgage rates don’t decline. As a result, there may be a light...
Impatient homebuyers are gradually accepting the reality of the housing market: BofA
Prospective homebuyers are slowly growing less sensitive to home prices and high-interest rates, and fewer of them are willing to wait for a...
Homebuyers made larger down payments as mortgage rates surged in Q3: Realtor.com
Homebuyers are forking over larger down payments to offset higher borrowing costs thanks to mortgage rates hitting multi-decade highs.
On average, homebuyers put down...
Philly Fed President Harker: “We are at the point where we can hold rates”
Philadelphia Federal Reserve President Patrick Harker advocated for stopping interest rate hikes, noting that disinflation is under way.
“I believe that we are at...
Ardley launches white-label automated underwriting engine
Reston, Virginia-based Ardley Technologies announced on Tuesday the launching of its white-label automated underwriting engine called Autopilot, which the company states will enable lenders to...
Fitch: Title revenue to rise 3% annually in 2024
Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024,...
What will lower mortgage rates do to spring housing inventory?
Purchase application data
Now that mortgage rates have fallen from a bit over 8% toward 7.32%, we can see the immediate impact as purchase...
FHA proposes changes to 203(k) program
Nine months after requesting input from the industry, the Federal Housing Administration (FHA) issued a proposal on Wednesday to enhance its rehabilitation program.
The updates...
New Georgia copycat commission lawsuit names Atlanta-area firms
The copycat commission lawsuits have spread to the Southeast. On Wednesday, home seller plaintiffs in northern Georgia filed a class-action antitrust lawsuit accusing...
