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Home2023November

Month: November 2023

Airbnb
Air Bnb Newsroom

Report: Airbnb ’s contribution to the Indonesian economy post pandemic

November 8, 2023 Mariel Alumit Comments Off on Report: Airbnb ’s contribution to the Indonesian economy post pandemic

New research from Oxford Economics found Airbnb is an important pillar of Indonesia’s tourism industry, with its activities contributing approximately USD$975 million (IDR 14.4 trillion) to Gross Domestic Product and supporting more than 93,000 jobs […]

UWM
Housing Wire

UWM’s profits grow in Q3 as margins improve, volumes decline

November 8, 2023 Mariel Alumit Comments Off on UWM’s profits grow in Q3 as margins improve, volumes decline

UWM Holdings Corporation, the parent of United Wholesale Mortgage (UWM), produced lower mortgage origination volume in the third quarter of 2023 than the previous quarter – and more declines are expected to come. But volumes in Q3 […]

campaign
Weely Real Estate News

New Campaign Seeks to Raise Awareness of VA Loan Program

November 8, 2023 Mariel Alumit Comments Off on New Campaign Seeks to Raise Awareness of VA Loan Program

A new alliance of real estate, media, mortgage and veteran service organizations are collaborating on the creation of the #MissionZero campaign, which focuses on educating active-duty military personnel and veterans about the benefits of the […]

SingleSource
Housing Wire

SingleSource ’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

November 8, 2023 Mariel Alumit Comments Off on SingleSource ’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Property services provider SingleSource Property Solutions has launched a new data collection solution for appraisal supported by SingleVue, its new mobile app, the company announced on Tuesday. This new suite of products will be of […]

Airbnb
Air Bnb Newsroom

Airbnb introduces Guest Favorites

November 8, 2023 Mariel Alumit Comments Off on Airbnb introduces Guest Favorites

There are over 7 million listings worldwide on Airbnb, and every minute, over 100 five-star reviews are submitted to the platform1. But what’s the best way to discover the right accommodation for you if not […]

money
Housing Wire

7 money moves to make now for a prosperous 2024

November 8, 2023 Mariel Alumit Comments Off on 7 money moves to make now for a prosperous 2024

While the last months of the year can be a hectic time in your professional and personal life, it’s also the ideal time to make strategic money moves for a more prosperous New Year. Here’s […]

Airbnb
Air Bnb Newsroom

Airbnb 2023 Winter Release: Introducing Guest Favorites, a collection of the 2 million most-loved homes on Airbnb

November 8, 2023 Mariel Alumit Comments Off on Airbnb 2023 Winter Release: Introducing Guest Favorites, a collection of the 2 million most-loved homes on Airbnb

Airbnb has more than 7 million homes all over the world. Each home is one-of-a-kind, and this uniqueness is what sets Airbnb apart. But guests have told us that with so much variety, it can […]

Mortgage Application
Weely Real Estate News

Mortgage Application Activity Takes an Uptick

November 8, 2023 Mariel Alumit Comments Off on Mortgage Application Activity Takes an Uptick

Mortgage application activity was on the rise in the latest data from the Mortgage Bankers Association (MBA), which tracked the week ending Nov. 3. The Market Composite Index, the trade group’s measure of mortgage loan […]

Mortgage Application
Mortage News

Mortgage Application Volume Responds to Rate Drop

November 8, 2023 Mariel Alumit Comments Off on Mortgage Application Volume Responds to Rate Drop

A quarter-point decline in 30-year fixed-rate mortgage (FRM) interest pushed mortgage application activity higher across the board during the week ended November 3. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure […]

Gibson
Housing Wire

What’s different about the $200B(!) Gibson commission lawsuit

November 8, 2023 Mariel Alumit Comments Off on What’s different about the $200B(!) Gibson commission lawsuit

The Missouri judge who oversaw the landmark Sitzer/Burnett real estate commission lawsuit will also preside over the Gibson lawsuit brought by Michael Ketchmark, who represented the plaintiffs in Sitzer/Burnett. The class action-seeking Gibson case was […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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