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This city is the nation's hottest housing market right now
News 1 month ago
This city is the nation's hottest housing market right now
Source HousingWire

As home-price growth lags and residential sales slow, it's safe to say the housing market is in the midst of a slowdown. And although several...

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Case-Shiller: Despite economic growth, home price gains continue to lag
News 1 month ago
Case-Shiller: Despite economic growth, home price gains continue to lag
Source HousingWire

In March, annual home-price gains continued to slow across the nation, according to the latest Case-Shiller Home Price Index from S&P Dow Jones...

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Freedom Mortgage to acquire RoundPoint Mortgage Servicing
News 1 month ago
Freedom Mortgage to acquire RoundPoint Mortgage Servicing
Source HousingWire

Freedom Mortgage and RoundPoint Mortgage Servicing are planning to merge, the companies announced Friday. The deal will make RoundPoint - which...

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Kushner Companies buys $1.1 billion in multifamily real estate
News 1 month ago
Kushner Companies buys $1.1 billion in multifamily real estate
Source HousingWire

Kushner Companies, the family real estate company of White House Senior Advisor Jared Kushner, is significantly expanding its multifamily portfolio...

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Grocery store is most-desirable neighborhood amenity, Federal Reserve report shows
News 1 month ago
Grocery store is most-desirable neighborhood amenity, Federal Reserve report shows
Source HousingWire

When the Federal Reserve released on Thursday its Survey of Household Economics and Decisionmaking, known to economists as the SHED report, the...

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Freddie Mac: Mortgage rates at one-year low after falling four consecutive weeks
News 1 month ago
Freddie Mac: Mortgage rates at one-year low after falling four consecutive weeks
Source HousingWire

Mortgage interest rates have fallen for the fourth week in a row to match the one-year low set at the end of March, giving way to an uptick in...

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Prime Mortgage Lending rebranding to GoPrime Mortgage
News 1 month ago
Prime Mortgage Lending rebranding to GoPrime Mortgage
Source HousingWire

Prime Mortgage Lending, a North Carolina-based mortgage company that is licensed in 30 states, will soon go by a new name. The company announced...

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Homebuyers, you could have saved this much on your mortgage last week
News 1 month ago
Homebuyers, you could have saved this much on your mortgage last week
Source HousingWire

Last week, the share of borrowers with rates under 4.25% ticked up. In fact, LendingTree's Mortgage Rate Competition Index indicates borrowers with...

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Manhattan pending home sales surge as prices drop to 2015 level, StreetEasy report says
News 1 month ago
Manhattan pending home sales surge as prices drop to 2015 level, StreetEasy report says
Source HousingWire

Pending home sales in Manhattan spiked 27% in April from a year ago, reaching the highest level of signed contracts since the spring of 2015, as...

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Multifamily developers’ confidence falters for third consecutive quarter
News 1 month ago
Multifamily developers’ confidence falters for third consecutive quarter
Source HousingWire

Multifamily developers' confidence weakened further in the first quarter of 2019, according to the National Association of Home Builders. According...

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Government watchdog considering ways to reduce federal costs of reverse mortgage program
News 1 month ago
Government watchdog considering ways to reduce federal costs of reverse mortgage program
Source HousingWire

The Congressional Budget Office released a report Thursday exploring four proposed solutions for lessening the cost and risk of the reverse...

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MBA: Mortgage applications rise again, but how long will this growth last?
News 1 month ago
MBA: Mortgage applications rise again, but how long will this growth last?
Source HousingWire

Although mortgage applications slightly rose for the week ending May 17, 2019, ongoing trade concerns could be hindering potential growth,...

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This is how Amazon's presence is transforming Arlington's housing market
News 1 month ago
This is how Amazon's presence is transforming Arlington's housing market
Source HousingWire

When Amazon announced plans to open its second headquarters in Arlington, Virginia, concerns regarding the local housing market began to manifest....

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Retirement Funding Solutions partners with 55places.com to help older homebuyers get a mortgage
News 1 month ago
Retirement Funding Solutions partners with 55places.com to help older homebuyers get a mortgage
Source HousingWire

Retirement Funding Solutions, a top 10 reverse mortgage lender, has announced a partnership with 55places.com, an online resource for active adult...

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Rentals.com will allow all renters to pay online, even if their landlord doesn't accept online payments
News 1 month ago
Rentals.com will allow all renters to pay online, even if their landlord doesn't accept online payments
Source HousingWire

Renters are now able to pay their rent online, regardless of whether their landlord accepts online payments or not, thanks to a new offering from...

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LeaseLock unveils security deposit alternative that lets renters pay a monthly fee instead
News 1 month ago
LeaseLock unveils security deposit alternative that lets renters pay a monthly fee instead
Source HousingWire

The push to move past the traditional security deposit is about to take a step forward thanks to a new product that lets renters pay a monthly fee...

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April's dip in home sales may portend
News 1 month ago
April's dip in home sales may portend "significant gain" in May, economist says
Source HousingWire

Housing economists were left scratching their heads this week over a National Association of Realtors report showing U. S. existing home sales fell...

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A silver lining: Most Americans still view housing as a good investment
News 1 month ago
A silver lining: Most Americans still view housing as a good investment
Source HousingWire

A majority of Americans - 65% - think it is still a good idea to invest in a home, according to the latest survey of consumer expectations of...

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NAR: Monthly existing home sales fall 0.4% in April
News 1 month ago
NAR: Monthly existing home sales fall 0.4% in April
Source HousingWire

In April, existing home sales fell slightly from the previous month, but growing inventory signaled improvement in the market, according to the...

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Bank of America now offering $0 origination fee on certain mortgages
News 1 month ago
Bank of America now offering $0 origination fee on certain mortgages
Source HousingWire

With the mortgage business recently suffering its worst three-month stretch in more than four years, competition for borrowers appears to be...

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Mortgage prepayments rise and delinquencies fall in April, Black Knight says
News 1 month ago
Mortgage prepayments rise and delinquencies fall in April, Black Knight says
Source HousingWire

Mortgage rates near a one-year low boosted prepayments in April as homeowners refinanced or bought new properties, according to Black Knight. The...

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Hey, Mr. President, what about removing lumber tariffs to make homes affordable?
News 1 month ago
Hey, Mr. President, what about removing lumber tariffs to make homes affordable?
Source HousingWire

After President Donald Trump announced at the National Association of Realtors convention on Friday that he was lifting aluminum and steel tariffs...

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HUD Secretary Ben Carson apparently doesn't know what an REO is
News 1 month ago
HUD Secretary Ben Carson apparently doesn't know what an REO is
Source HousingWire

Department of Housing and Urban Development Secretary Ben Carson had a bit of a rough day on Tuesday. Carson appeared on Capitol Hill to testify...

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News 2 months ago
"Many geniuses" are working to end government control of Fannie and Freddie, Trump says
Source HousingWire

President Donald Trump spoke about Fannie Mae and Freddie Mac for two minutes near the end of a one-hour speech at the National Association of...

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First American: Mortgage rates champion growth in potential existing home sales
News 2 months ago
First American: Mortgage rates champion growth in potential existing home sales
Source HousingWire

In April, potential existing-home sales increased 0.1% from the previous month, narrowing the market's improvement gap, according to First American...

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Fannie Mae and Freddie Mac are refinancing fewer mortgages than at any point since the crisis
News 2 months ago
Fannie Mae and Freddie Mac are refinancing fewer mortgages than at any point since the crisis
Source HousingWire

Recently released data from the Federal Reserve Bank of New York's Center for Microeconomic Data revealed that the first quarter of this year was...

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Reverse Mortgage Funding expands payment options on proprietary reverse product
News 2 months ago
Reverse Mortgage Funding expands payment options on proprietary reverse product
Source HousingWire

Reverse Mortgage Funding announced Monday that it expanded the payment options on its proprietary reverse mortgage - the Equity Elite - to include...

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FHA's Montgomery says
News 2 months ago
FHA's Montgomery says "more flexible" condo rules are coming
Source HousingWire

Federal Housing Administration Commissioner Brian Montgomery said the agency is currently working to revise its condominium approval rules and that...

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Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option
News 2 months ago
Calabria: Ending the net worth sweep is step one of GSE reform, IPOs are an option
Source HousingWire

Stephen Calk, the CEO and founder of the Federal Savings Bank of Chicago, was indicted Thursday for approving $16 million in mortgage loans for...

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Craig Phillips, Treasury point person on GSE reform, reportedly stepping down
News 2 months ago
Craig Phillips, Treasury point person on GSE reform, reportedly stepping down
Source HousingWire

Craig Phillips, Department of the Treasury Secretary Steven Mnuchin's top housing advisor and the person tasked with leading the Treasury's efforts...

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