Mortgage rates, home prices continue to weigh on buyer demand
Purchase applications have declined in eight of the last nine weeks, according to a weekly survey by the Mortgage Bankers Association on Wednesday. Continue reading
Purchase applications have declined in eight of the last nine weeks, according to a weekly survey by the Mortgage Bankers Association on Wednesday. Continue reading
Investments lenders have made to streamline the application process seem to be paying off, but surveys show borrowers are still tripped up by document collection and closings. Continue reading
Fed Chair Jerome Powell’s Jackson Hole speech spooks stock market investors, but long-term interest rates stable as bond markets bet on a slowdown next year. Continue reading
California-based real estate brokerage and power buyer cites “challenging real estate and financial market conditions and unfavorable capital-raising environment.” Continue reading
Qualia API users can automatically place and track title orders and access order, accounting and contact data to build custom notifications and performance dashboards. Continue reading
Eligible borrowers will be able to close on a winning bid with the same cash to close, monthly payment and interest rate — even if the appraisal comes in low. Continue reading
Applications for government-backed purchase mortgages were up 4 percent week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association. Continue reading
Clever’s integration of Total Expert’s CRM and customer engagement platform could help the company drum up homebuyers who aren’t already working with real estate agents. Continue reading
SingleSource Property Solutions and Voxtur launch an alternative to title insurance that’s designed with Fannie Mae and Freddie Mac’s new guidelines in mind. Continue reading
In projections released Monday, economists expect 5.78 million homes to change hands this year, representing a 16.2 percent decline from a year ago — a steeper drop than the 15.6 percent pullback forecast in July. Continue reading