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U.S. pending home sales jump 1.6% in August on low mortgage rates
News 4 months ago
U.S. pending home sales jump 1.6% in August on low mortgage rates
Source HousingWire

The nation's low interest rate environment spurred an increase in pending home sales in August, as the index rose 1.6%, according to the National...

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Freddie Mac: Mortgage rates decline from last week's 11-month high
News 4 months ago
Freddie Mac: Mortgage rates decline from last week's 11-month high
Source HousingWire

This week, the average U. S. fixed rate for a 30-year mortgage fell to 3.64%. That's nine basis points below last week's 3.73% and more than a...

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Multifamily lending hit record high in 2018
News 4 months ago
Multifamily lending hit record high in 2018
Source HousingWire

Multifamily continues to soar, rising to an all-time high in 2018 in terms of dollar volume, according the Mortgage Bankers Association's annual...

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Freddie Mac: Mortgage rates retreat after highest one-week increase in nearly a year
News 4 months ago
Freddie Mac: Mortgage rates retreat after highest one-week increase in nearly a year
Source HousingWire

This week, the average U. S. fixed rate for a 30-year mortgage fell to 3.64%. That's nine basis points below last week's 3.73% and more than a...

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California’s housing market probably will slow in 2020, Realtors say
News 4 months ago
California’s housing market probably will slow in 2020, Realtors say
Source HousingWire

Economic uncertainty and high prices are muting the housing market in the nation's most populous state, according to the California Association of...

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MBA: Purchase demand declines 11% as mortgage rates continue to climb
News 5 months ago
MBA: Purchase demand declines 11% as mortgage rates continue to climb
Source HousingWire

Several weeks ago, HousingWire asked the question of whether or not borrowers were sensitive to rate changes. Well, this week's Mortgage...

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Help empty nesters make the most of their new freedom by teaming up with a mortgage broker
News 5 months ago
Help empty nesters make the most of their new freedom by teaming up with a mortgage broker
Source HousingWire

As parents whose children have left home prepare to make changes based on their new lifestyle, empty nesters have many choices as to what to do...

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MBA: Purchase demand declines as mortgage rates continue to climb
News 5 months ago
MBA: Purchase demand declines as mortgage rates continue to climb
Source HousingWire

Several weeks ago, HousingWire asked the question of whether or not borrowers were sensitive to rate changes. Well, this week's Mortgage...

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Fitch: End of QM Patch could drive RMBS losses
News 5 months ago
Fitch: End of QM Patch could drive RMBS losses
Source HousingWire

High loan-to-value loans could drive losses in residential mortgage backed securities as the Qualified Mortgage Patch expires, according to a new...

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U.S. new-home sales surge in August on low mortgage rates
News 5 months ago
U.S. new-home sales surge in August on low mortgage rates
Source HousingWire

Sales of new homes jumped 7.1% in August to an annualized rate of 713,000, getting close to June's 12-year high, according to the Census Bureau and...

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NAR report on franchises shows Keller Williams is largest brand
News 5 months ago
NAR report on franchises shows Keller Williams is largest brand
Source HousingWire

The number of real estate brokerages affiliated with a franchise brand dropped to 11% this year from 13% two years ago, according to a report from...

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Borrower home equity rises to all-time high in first half of 2019
News 5 months ago
Borrower home equity rises to all-time high in first half of 2019
Source HousingWire

Homeowner equity growth continued to climb in the second quarter of 2019, according to the Q2 2019 home equity analysis from CoreLogic, a property...

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CoreLogic continues growing, acquires National Tax Search
News 5 months ago
CoreLogic continues growing, acquires National Tax Search
Source HousingWire

For at least the sixth time in the last handful of years, CoreLogic is growing its massive real estate data and technology empire by acquiring a...

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Low rates will push mortgage originations to 3-year high, MBA says
News 5 months ago
Low rates will push mortgage originations to 3-year high, MBA says
Source HousingWire

The cheapest mortgage rates since 2016 will push U. S. mortgage originations to a three year-high this year, according to a forecast by Mortgage...

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Blend bringing
News 5 months ago
Blend bringing "one-tap" mortgage pre-approvals to U.S. Bank. Is Wells Fargo next?
Source HousingWire

When Quicken Loans launched Rocket Mortgage nearly four years ago, the lender kicked off a revolution that has seen nearly all large lenders take...

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Mortgage rates at 18%? That’s what we got the last time a president strong-armed the Fed
News 5 months ago
Mortgage rates at 18%? That’s what we got the last time a president strong-armed the Fed
Source HousingWire

When the National Bureau of Economic Research speaks on a disputed economic issue, it's a bit like squabbling siblings getting a ruling from a...

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First American: Existing-home sales outperform the market's potential in August
News 5 months ago
First American: Existing-home sales outperform the market's potential in August
Source HousingWire

In August, potential existing-home sales increased from the previous month, exceeding the market's potential, according to First American's...

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Redfin: It's becoming even more of a seller's market
News 5 months ago
Redfin: It's becoming even more of a seller's market
Source HousingWire

In August, the nation's home-sale prices rose 2.7% from 2018 levels, coming in at a median of $312,200, according to a report from Redfin. August's...

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BSI Financial Services names new SVP for sales and business development
News 5 months ago
BSI Financial Services names new SVP for sales and business development
Source HousingWire

BSI Financial Services, a Texas-based mortgage servicer, has named industry veteran Allen Price senior vice president of sales and business...

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Apartment supply exceeds demand in only three U.S. markets
News 5 months ago
Apartment supply exceeds demand in only three U.S. markets
Source HousingWire

The nation's 150 major apartment markets have seen approximately 2 million new apartments built since 2010, but there's a problem. The number of...

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Seattle mayor wants to fund affordable housing by raising taxes on Lyft and Uber rides
News 5 months ago
Seattle mayor wants to fund affordable housing by raising taxes on Lyft and Uber rides
Source HousingWire

Seattle wants to build more affordable housing. And to get that mission accomplished, the Emerald City could turn to rideshare services for the...

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Commercial, multifamily delinquencies hold near record lows
News 5 months ago
Commercial, multifamily delinquencies hold near record lows
Source HousingWire

Commercial and multifamily delinquencies held near record lows in the second quarter of 2019, according to the Mortgage Bankers Association. Most...

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Apartment supply exceeds demand in only 3 U.S. markets
News 5 months ago
Apartment supply exceeds demand in only 3 U.S. markets
Source HousingWire

The nation's 150 major apartment markets have seen approximately 2 million new apartments built since 2010, but there's a problem. The number of...

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Expert: Growing multifamily sector could demand new debt sources
News 5 months ago
Expert: Growing multifamily sector could demand new debt sources
Source HousingWire

As multifamily continues to grow, one expert explained new debt sources could soon be required to match the demand. "Lower rates, together with...

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Mayopoulos: Treasury’s housing finance plan could prevent disruption in housing market
News 5 months ago
Mayopoulos: Treasury’s housing finance plan could prevent disruption in housing market
Source HousingWire

Tim Mayopoulos, the former CEO of Fannie Mae who now is president of Blend, said the Trump administration's housing finance plan released earlier...

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Airbnb invests $25 million in Bay Area affordable housing
News 5 months ago
Airbnb invests $25 million in Bay Area affordable housing
Source HousingWire

The soaring home prices in the Bay Area have caught the attention of many companies, and several have set out to do something about it. Whether...

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Freddie Mac: Mortgage rates experience the highest weekly uptick since last October
News 5 months ago
Freddie Mac: Mortgage rates experience the highest weekly uptick since last October
Source HousingWire

This week, the average U. S. fixed rate for a 30-year mortgage rose to 3.73%. That's seventeen basis points above last week's 3.56% but almost a...

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Low mortgage rates bolster August's existing-home sales to 17-month high
News 5 months ago
Low mortgage rates bolster August's existing-home sales to 17-month high
Source HousingWire

Existing-home sales inched forward 1.3% in August from the prior month, reaching a 17-month high, according to the National Association of Realtors...

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Burgeoning real estate giant Pretium buys Deephaven Mortgage from Värde Partners
News 5 months ago
Burgeoning real estate giant Pretium buys Deephaven Mortgage from Värde Partners
Source HousingWire

Pretium, an investment management firm that already owns one of the nation's largest single-family rental operators and buys non-performing loans...

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Here are the metros with the highest apartment occupancy
News 5 months ago
Here are the metros with the highest apartment occupancy
Source HousingWire

Apartment occupancy nationwide is as high as it's been in nearly 20 years, with more than 96% of all apartments filled in the 150 largest apartment...

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