Mortgage
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Mortgage Application Payments Increased 4.9 Percent to $2,061 in February
Homebuyer affordability declined in February, with the national median payment applied for by purchase applicants increasing 4.9 percent to $2,061 from $1,964 in January. This is according to the
New Home Sales Remain Relatively Flat in February
Higher mortgage rates and home prices, as well as increased construction costs contributed to lackluster new home sales in February, but signs point to improvement later in the year.
Rep. Neguse Calls for Updates to Reverse Mortgage Foreclosure Guidelines for Victims of Major...
The Colorado Congressman is calling on the Federal Housing Administration (FHA) to make these changes after hearing
February New Home Purchase Mortgage Applications Increased 1.2 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for February 2023 shows mortgage applications for new home purchases increased 1.2 percent
Revive wins the prestigious HW Tech100 Real Estate Award
Revive, the most complete presale home renovation solution for sellers, is a winner of the highly-coveted HW Tech100 Real Estate Award by HousingWire, the nation’s most influential source of news and information covering the multi-trillion dollar US housing and mortgage markets. The 2023 list of winners includes real estate's most innovative real estate companies and products.
NAR Will Host Policy Forum to Showcase 2023 Housing Priorities
On Thursday, March 16th at the Capital Hilton, in Washington, DC, the National Association of Realtors® will host a Policy Forum: The Current Housing Market: Implications for Homebuyers
U.S. Treasury grants Habitat for Humanity $600,000 CDFI Financial Assistance award
Habitat for Humanity’s community development financial institution, Habitat Mortgage Solutions, recently received a $600,000 Financial Assistance award from the U.S. Department
Milestones Announces Launch with RE/MAX Results to Deliver Homeowner Portals
Milestones Labs (Milestones), the all-in-one homeowner portal making it easier for consumers to buy, move, own, sell, manage and access mortgage services for their home, today announced
New Home Sales Up in January but Higher Rates Signal Further Weakness
Declining mortgage rates and home prices in January, coupled with home builders use of sales incentives, helped boost new home sales last month.
Mortgage Application Payments Increased 2.3 Percent to $1,964 in January
Homebuyer affordability declined in January, with the national median payment applied for by purchase applicants increasing 2.3 percent to $1,964 from $1,920 in December 2022.
NFHA Commends HUD’s Reduction of FHA Annual Mortgage Insurance Premium
Nikitra Bailey, Executive Vice President of the National Fair Housing Alliance (NFHA), issued the following statement following an announcement by the Department of Housing and Urban Development (HUD) that it will reduce the Federal Housing Administration (FHA)’s annual mortgage insurance premium (MIP).
January New Home Purchase Mortgage Applications Decreased 3.5 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2023 shows mortgage applications for new home purchases decreased 3.5 percent compared
HOUSING EXPERTS PROJECT ANOTHER YEAR OF MODEST GROWTH FOR U.S. CONDOMINIUMS AND HOMEOWNERS ASSOCIATIONS
While experts predict a major slowdown for the U.S. housing market in 2023, the number of new condominium communities and homeowners associations is expected to increase by 5,000 this year, according to projections
Smart Ways to Protect Yourself from Real Estate Fraud
Are you aware that incidences of real estate fraud are on the rise? Yes, instances wherein someone steals ownership of a home have happened and fraudsters do this with the help of identity theft so that they can benefit from the value of the stolen home. In this article the Toronto private investigation
Mortgage Application Payments Fall 2.9 Percent to $1,920 in December
Homebuyer affordability improved in December, with the national median payment applied for by purchase applicants decreasing 2.9 percent to $1,920 from $1,977 in November. This is according
Things to Consider When Contemplating a Home Equity Loan
Getting a secured loan with your home equity can be nerve-wracking even for the most composed person. There are a lot of things to consider and the steps to get one may not be clear which leaves plenty of room for mistakes. Mistakes are the last thing you want to have when using your home as collateral for a loan so be sure to read on the following tips from our friends at Homebase Mortgages when getting a homeowner loan.
PILOT HOME PURCHASED ON NATION’S FIRST OWNER-OCCUPIED FRACTIONAL EQUITY HOUSING FINANCE PLATFORM SAVES BUYER...
Quarter, Inc., the nation's owner-occupied first fractional equity home funding program and technology platform, announced the first home purchased using the innovative financing service. The pilot home was purchased by the company CEO, Shannon Diesch, for $740,000 in Longmont, Colorado with monthly housing payments 50% cheaper vs. a 30-year mortgage
MBA Statement on FHFA’s Enhancements to the GSEs’ Radon Standards for Multifamily Properties
MBA President and CEO Bob Broeksmit, CMB, released the following statement regarding the Federal Housing Finance Agency's (FHFA) announcement of its enhancements to Fannie Mae’s and Freddie Mac’s
Total Commercial and Multifamily Borrowing and Lending Expected to Fall to $700 Billion in...
Total commercial and multifamily mortgage borrowing and lending is expected to fall to $700 billion this year, which is a 5 percent decline from an expected 2022 total of $740 billion.
Sheikh Abdullatif Al Shelash Explains Why Investing in Saudi Real Estate Is a Smart...
Real estate development and mortgages are two investments in which Sheikh Abdullatif Al Shelash says he’s well versed. The Saudi Home Loans board member and partner in Alaqtar Real Estate Development Company shares that the Saudi real estate market is heating up and that mortgages in Saudi Arabia are just getting started.