According to a new report from RedFin, an online real estate brokerage, home-purchase applications dropped to the lowest level since 1995 last week as mortgage rates jumped on expectations that the Federal Reserve will need […]
The layoffs impacted some of the bank’s top performers – including bankers who exceeded $100 million in loan volumes last year, CNBC says. In an email, a Wells Fargo spokesperson tells FinTech Futures that the “displacements” are part of […]
After one of the largest speculative bubbles in history during the pandemic, the US housing market is now slowly tanking. Median home prices in the United States had risen about 45% in two years from […]
Mortgage delinquencies were down across the board in January, with the overall national delinquency rate declining to 3.38%, a drop of 10 basis points from December, according to Black Knight’s month-end mortgage performance statistics. National […]
Housing sector leaders acknowledge that some borrowers are still struggling to pay their mortgages after being hit by layoffs and other issues caused by the Covid-19 pandemic. In addition, many borrowers’ financials have since been […]
The post That 3% Mortgage Just Keeps Getting Better appeared first on Weekly Real Estate News.
10 years ago, HousingWire kicked off the first ever Rising Stars award and since then, the program has been showcasing massive talent in housing year after year. The award recognizes leaders and young talent who […]
The post Real Estate Agents Can Earn Decent Salaries — Here’s How They Get Paid appeared first on Weekly Real Estate News.
New home sales edged a little further out of a lengthy slump in January, topping 600,000 units for the second straight month. The U.S. Census Bureau and the Department of Housing and Urban Development said […]
The Federal Housing Finance Agency (FHFA) has delayed implementing a rule that would have required Fannie Mae and Freddie Mac to obtain approval from the regulator before implementing new products or services. The rule, issued […]
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