Q2 Median Sales Prices See Double-Digit Growth in 94% of Metros, Says NAR
Median sales prices for existing single-family homes continues increasing, spurred on by the continued inventory shortage and record-low mortgage rates....
Industry News
Mortgage Credit Availability Up in June
Mortgage credit availability increased in July, according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers...
C.A.R. Applauds Fannie Mae’s New Underwriting Considerations
California Association of REALTORS® (C.A.R.) President Dave Walsh issued the following statement in response to the announcement by Fannie Mae that it...
Enterprises Completed 65,243 Foreclosure Prevention Actions in May
The Federal Housing Finance Agency (FHFA) recently released its Foreclosure Prevention, Refinance and FPM Report, showing highlights for the month...
Allen Tate REALTORS® Completes Third Acquisition Since Joining Howard Hanna
Allen Tate REALTORS®, Howard Hanna Real Estate Services’ sister company in the Carolinas, has joined forces with Pat Allen Realty...
BHGRE® Wine Country Group Merges With Coldwell Banker Towne & Country Realty
Better Homes and Gardens Real Estate (BHGRE®) Wine Country Group headquartered in Sonoma, California, announced its merger with former Coldwell...
RE/MAX Hosts 2021 Broker/Owner Conference in Austin
RE/MAX leaders gathered at the JW Marriott in Austin, Texas, this week for the global real estate franchisor's 2021 RE/MAX Broker/Owner Conference...
Mortgage Servicers’ Pandemic Response Varies Widely
The Consumer Financial Protection Bureau (CFPB) published a report detailing 16 large mortgage servicers' COVID-19 pandemic response, including call handling...
High Demand for Refis Persist as All Mortgage Applications Rise
Mortgage applications increased 2.8% for the week ending Aug. 6, 2021, according to the Mortgage Bankers Association's (MBA) Weekly Mortgage...
Fannie Mae Launches Underwriting Feature to Incentivize Homeownership
Fannie Mae added a feature to its automated underwriting system to incorporate consumers' rent payments in the mortgage credit evaluation...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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