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US home prices dropped for the fifth month in a row in November
February 10, 2023
Mark Paul Cervantes
Housing, U.S Real Estate News
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US home prices dropped for the fifth month in a row in November, as rising mortgage rates pushed prospective buyers out of the housing market late last year and prices continued to cool, according to […]
Pennymac unveils a new tech platform for brokers
October 8, 2022
Allen Santos
Housing Wire
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Pennymac executives say their goal is to become a “dominant player” in wholesale. On Thursday, the publicly traded multichannel lender launched a new technology platform for brokers called “POWER+,” a key step toward generating more […]
Senior-held home equity falls to $12.84 trillion in Q4 2023
March 18, 2024
Mariel Alumit
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Comments Off on Senior-held home equity falls to $12.84 trillion in Q4 2023
Homeowners 62 and older saw their collective home equity levels drop in the fourth quarter of 2023 by roughly $119 billion to $12.84 trillion, the third quarterly fall in the last year. This is […]