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  • [ 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
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Inflation
Economy

Inflation rose at a 4% annual rate in May, the lowest in 2 years

June 13, 2023 Mark Paul Cervantes Comments Off on Inflation rose at a 4% annual rate in May, the lowest in 2 years

The inflation rate cooled in May to its lowest annual rate in about two years, the Labor Department reported Tuesday. The consumer price index, which measures changes in a multitude of goods and services, increased just […]

Weely Real Estate News

OUCH! US Homeownership Rate at Lowest Level Since 1970

May 30, 2023 Mark Paul Cervantes Comments Off on OUCH! US Homeownership Rate at Lowest Level Since 1970

As homeownership levels sank, rental housing levels increased. The post OUCH! US Homeownership Rate at Lowest Level Since 1970 appeared first on Weekly Real Estate News.

Mortage News

Mortgage Lending Activity Slumps Across Country to Lowest Point in Nearly Nine Years

March 2, 2023 Mark Paul Cervantes Comments Off on Mortgage Lending Activity Slumps Across Country to Lowest Point in Nearly Nine Years

ATTOM, a curator of land, property, and real estate data released its fourth-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 1.52 million mortgages secured by residential property (1 to 4 units) were […]

Mortgage
Weely Real Estate News

Mortgage Rates Drop to Lowest Point in 4 Months

January 23, 2023 Mariel Alumit Comments Off on Mortgage Rates Drop to Lowest Point in 4 Months

The post Mortgage Rates Drop to Lowest Point in 4 Months appeared first on Weekly Real Estate News.

Mortgage
Weely Real Estate News

Mortgage rates drop to the lowest level since September: Freddie Mac

January 22, 2023 Allen Santos Comments Off on Mortgage rates drop to the lowest level since September: Freddie Mac

The post Mortgage rates drop to the lowest level since September: Freddie Mac appeared first on Weekly Real Estate News.

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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 […]

Daily Real Estate News

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