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News Ticker
  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
  • [ December 20, 2024 ] Alabama Home Sales Up, Reversing Three-Month Decline Weely Real Estate News
  • [ December 20, 2024 ] New York State Housing Inventory at 8-Month Low Weely Real Estate News
Home2023

Year: 2023

Realtor
Weely Real Estate News

Questions to ask a Realtor before selling

January 12, 2023 Mariel Alumit Comments Off on Questions to ask a Realtor before selling

Source: Bankrate —  The red-hot housing market is starting to cool, with sales volume — and list prices — following suit. Still, with the help of an experienced Realtor, there may be time to cash in […]

housing
Housing Wire

Debunking the housing inventory myth in preparation for 2023

January 12, 2023 Mariel Alumit Comments Off on Debunking the housing inventory myth in preparation for 2023

This article is part of our 2022 – 2023 Housing Market Update series. After the series wraps, join us on February 6 for the HW+ Virtual 2023 Housing Market Update. Bringing together some of the top economists and […]

Wells Fargo
Weely Real Estate News

Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market

January 12, 2023 Mariel Alumit Comments Off on Wells Fargo, once the No. 1 player in mortgages, is stepping back from the housing market

Source: CNBC —  Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages amid regulatory pressure and the impact of higher interest rates. Instead of its previous goal of reaching as many Americans as […]

Black Knight
Housing Wire

New Black Knight portal offers access to APIs across the mortgage cycle

January 12, 2023 Mariel Alumit Comments Off on New Black Knight portal offers access to APIs across the mortgage cycle

Black Knight recently launched a web portal that enables clients, third-party providers and their developers to access the company’s application programming interfaces (APIs) across the mortgage life cycle. Dubbed the Developer Portal, clients can use […]

North American
Housing Wire

North American Savings Bank to shut down consumer direct division 

January 11, 2023 Mariel Alumit Comments Off on North American Savings Bank to shut down consumer direct division 

Kansas City, Missouri-based North American Savings Bank (NASB) will shut down its consumer direct mortgage division and lay off employees, business partners and former employees told HousingWire. The changes will be effective on March 7. […]

build wealth
Weely Real Estate News

Buying a home became a key way to build wealth. What happens if you can’t afford to?

January 11, 2023 Mariel Alumit Comments Off on Buying a home became a key way to build wealth. What happens if you can’t afford to?

Source: NPR —  Rebecca Bush started her home search in January of 2020. “I thought maybe I’ll find the perfect house in the next couple of months, and then it will line up with when […]

No Picture
Housing Wire

Meta rolls out new system to address housing ad discrimination

January 11, 2023 Mariel Alumit Comments Off on Meta rolls out new system to address housing ad discrimination

Meta Platforms, formerly known as Facebook Inc., announced on Monday the rollout of a new system to address algorithmic discrimination in housing advertisements after more than a year of negotiations with the Department of Justice […]

No Picture
Weely Real Estate News

Meta updates property listing policy, riling agents

January 11, 2023 Mariel Alumit Comments Off on Meta updates property listing policy, riling agents

Source: The Real Deal —  Facebook Marketplace is becoming a less friendly hunting ground for real estate agents selling properties via social media. Facebook’s parent company, Meta, announced late last month a policy change to […]

No Picture
Weely Real Estate News

Layoffs, sluggish markets signal rough start to 2023

January 11, 2023 Mariel Alumit Comments Off on Layoffs, sluggish markets signal rough start to 2023

Source: The Real Deal —  The sky isn’t falling as we enter 2023 when it comes to real estate, but there aren’t a whole lot of rainbows up there, either. A number of stories last […]

Purchase
Housing Wire

Purchase sentiment is up but affordability remains a challenge in 2023

January 11, 2023 Mariel Alumit Comments Off on Purchase sentiment is up but affordability remains a challenge in 2023

Potential homebuyers’ purchase sentiment improved slightly in December, but that still remains well below pre-pandemic highs, according to new data from Fannie Mae. Ongoing affordability challenges are expected to limit buyers from entering the market […]

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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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