Single-Family Home Production Shows Signs of Uptick
According to the National Association of Home Builders’ (NAHB) Home Building Geography Index (HGBI), quarter 4 of 2023 showed signs ...
Tag: Mortgage Rates
2024: The Year of ‘Life Happens’
2023’s housing market ended with a whimper. There were just over four million existing home sales nationwide last year, the ...
Mortgage Mix: Major Lender Hit with Class Action; Rocket Sunsets Origination Channel
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. ...
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94% ...
ICE First Look: January Mortgage Delinquencies Drop to Lowest Level Since October
Good news for homeowners: Mortgage delinquencies are on the decline, dropping to their lowest point since October 2023, according to ...
Fed Minutes Hint at Policy Pivot Toward Rate Cuts, but Inflation Vigilance Remains
The Federal Reserve acknowledged in its last meeting that rates have likely hit their peak, but they’re continuing to keep ...
NAR: Existing Home Sales Rose in January
Following a drop to its lowest level in three decades by the end of last year, existing-home sales reversed course ...
Mortgage Rates Near 7%
Nearing a return to 7% territory, the 30-year-fixed-rate mortgage continued its ascent this week, up to 6.9% from last week’s ...
Mortgage Applications Slump Following Rate Hike Back Over 7%
Mortgage applications decreased sharply this week, down 10.6% from last week’s decrease of 2.3%, according to the latest Weekly Mortgage ...
New-Home Mortgage Applications Soar In January as Housing Starts Stumble
The rally in new-home demand isn’t letting up as homebuyers facing inventory challenges on the resale market turned to new ...
6 Musts to Share With Buyers About Why You Rule Over AI
“AI can summarize what has been published about a property,” says one real estate professional. “The trouble is that some of the most important information has not been published, is no longer current or cannot be understood without seeing the home.” Read more.
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