It is no secret that housing inventory is low. As of June 2, there were 433,104 single family homes on the market nationwide, according to data from Altos Research. And while this situation is certainly […]
The title insurance industry is on the front lines in a never-ending war with the fraudsters. As the industry has gotten better at combatting wire fraud and even the more recent seller impersonation fraud, criminals […]
It’s been a brutal 15-month period for the housing market since the Federal Reserve began escalating its benchmark interest rate in March 2022 to combat rising inflation. Since then, the Fed has bumped rates 10 times, effectively […]
It’s important for today’s lenders to be as agile, efficient and scalable as possible to adapt to consumer preferences and fast-changing market conditions. Encompass by ICE Mortgage Technology is the industry’s most complete end-to-end solution […]
Busch purchased the property for $7.5 million in 2012, which was a record at the time for the Charlotte area. The post NASCAR’s Kyle Busch Lists North Carolina Mansion for $13 Million appeared first on […]
Home equity levels have been on the decline over the last year, new data shows. Homeowners with mortgage loans saw their home equity levels decline by an average of 0.7% between the Q1 2022 and […]
The U.S. debt ceiling impasse was solved when President Joe Biden signed a bill on Saturday to suspend the $31.4 trillion limit until January 2025 and cap government spending. It alleviated some pressure on mortgage […]
The least rent-burdened market is Wichita, Kansas, where the average renter needs to make just less than $40,000. The post When You Need a Six-Digit Salary to Avoid Being Rent Burdened appeared first on Weekly […]
Homebuyers these days are facing much higher costs of ownership compared to a year ago, pushing most to the sidelines. Mortgage rates and home prices are high and inventory is paltry, resulting in a largely frozen […]
The agencies said the proposed guidance would also “help identify, address, and mitigate valuation discrimination risk.” The post Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value appeared first on Weekly Real […]
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