ATTOM determined the number of equity-rich mortgage-payers dropped on a quarterly basis in 32 of the 50 states. The post Home Equity Ticks Downward for Second Straight Month appeared first on Weekly Real Estate News.
The National Association of Home Builders (NAHB) announced on Thursday that it has appointed James W. Tobin III as its new president and CEO. Following an extensive search, the NAHB Board of Directors ratified the […]
Investors haven’t exactly treated publicly traded mortgage companies very kindly over the past 12 months. To that end, Rithm Capital, the real estate investment trust that operates NewRez, Caliber and several other businesses, is considering […]
Last month, the national median list price was $430,000 in April, up from $424,000 in March. The post Active Home Listings 50.5% Below Pre-Pandemic Levels appeared first on Weekly Real Estate News.
The slower housing market at the start of the year was not enough to prevent Fidelity National Financial from turning a profit. During the first quarter of 2023, the Big Four title insurer reported revenue […]
A year ago at this time, the 30-year fixed-rate mortgage averaged 5.27%. The post Mortgage Rates Take a Drop appeared first on Weekly Real Estate News.
“I haven’t seen a dry spell like this in the time I’ve been in business,” Bob Yopko, president of First Equity Residential Mortgage, said of this year’s spring homebuying season. The purchase market is locked […]
Elevated mortgage rates hurt Rocket Companies, the parent of Rocket Mortgage, again in the first quarter of 2023. Rocket has been cutting expenses and targeting purchase business, but the firm was unable to achieve profitability […]
Toronto-based TD Bank Group and Memphis, Tenn.-based First Horizon Corporation, one of the country’s largest warehouse lenders, have agreed to terminate an acquisition deal, according to a joint announcement issued Thursday. The deal, first announced […]
Kansas City, MO – Later this afternoon, the Kansas City City Council will meet to vote on two short-term rental (STR) ordinances proposed by Mayor Quinton Lucas and Councilman Eric Bunch. Short-term rental Hosts are […]
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