Mortgage Mix: Rates Hit a New High With Credit Still Tight
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon....
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ATTOM: California, New Jersey and Illinois Have the Most At-Risk Housing Markets
California, New Jersey and Illinois continue to have the most at-risk county housing markets in the second quarter of 2022,...
15-year Mortgages Save Homebuyers More Than $200k on Average
Borrowers with 15-year fixed mortgages tend to pay less compared to borrowers with 30-year fixed mortgages, according to a new...
U.S. Rental Market Snaps 20-Month Growth Streak With August Cooldown
After months of housing market moderation, new reports suggest that the rental market is finally starting to follow suit. A...
Mortgage Rates Exceed 6% for the First Time Since 2008
On the rise since the beginning of the year, mortgage rates continued their upward trajectory this week, rising above 6%...
National Mortgage Delinquencies Remain Near Record Low in June
For the month of June, 2.9% of all mortgages in the U.S. were in some stage of delinquency (30 days...
Bank of America Zero Down Payment Mortgage a Potential Boon for Minority Buyers
The path toward homeownership is no cakewalk, but history and data have shown that it can be arduous for specific...
U.S. Home Size Index 2022: Which Cities and States Get the Biggest Homes?
Home size has seen a large increase over the past several decades, from 909 square feet in 1949 to 2,480...
Mortgage Rates Hit 6% for First Time Since 2008
Mortgage applications decreased for the fifth-straight week, down another 1.2% from last week’s dip of 0.8%, according to the latest...
Core Costs Spike as Inflation Defies Fed Efforts
Another closely watched Consumer Price Index (CPI) report is providing some mixed signals as uncertainty continues to be the driving...
3 Business Moves Agents Should Make Before Summer
As the market heads into the summer season, the groundwork you lay now can determine whether the coming months are productive. Agents can use this time to reconnect with clients and position themselves for more listings. Here are three smart business strategies to make before summer arrives. Read more.
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