After a winter of dire housing market forecasts, the housing market regained its footing this spring, with home prices rising month-over-month for the third consecutive month in April, according to the S&P CoreLogic Case-Shiller National Home Price Index, which was released Tuesday. These increases came after seven consecutive months of decline. “The index
The mortgage delinquency rate fell 11 basis points to 3.10% in May, the second lowest national mortgage delinquency rate ever seen. In May, the number of borrowers just one payment behind improved by 94,000, erasing nearly half of April’s increase, according to Black Knight. (Delinquency numbers in April spiked because
Rising mortgage rates, lower homebuyer demand and fewer homeowners choosing to sell their homes caused the housing market to slow during the second half of 2022. In the title insurance industry this resulted in a drop in capital adequacy, according to a report released Friday by Fitch Ratings. In 2022,
Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac completed 58,268 foreclosure prevention actions during the first quarter of 2023, raising the total number of homeowners who have been helped to 6,771,101 since the start of conservatorships in September 2008. This is according to the Federal Housing Finance Agency (FHFA) Q1
Current housing market dynamics continue to be fueled by the lack of existing homes available for sale, a trend that did not improve during the spring homebuying season, when more homes are typically put on the market. This has led Fannie Mae to revise its 2023 single-family originations forecast to
Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. Terms of the transaction were not disclosed. The investment round was led jointly by the financial institution South Street Securities Holdings and the investment firm Atlas Merchant Capital, headed
HousingWire recently spoke to Ryan Carry, SVP of Wholesale at Change Wholesale, about the wholesale channel and how brokers can gain an advantage in the current fluctuating market. HousingWire: How is the current fluctuating market affecting the wholesale channel? Ryan Carry: At Change Wholesale, we welcome and embrace fluctuations and
This week, the Joint Center For Housing Studies at Harvard University released this year’s “State of the Nation’s Housing.” The report is damning for those who are trying to expand opportunities for homeownership and presents an incredible challenge for policymakers, stating, “As the cost of homeownership rises, the prospect dims
Need to empower the leadership at your organization? Want to increase efficiency in your mortgage business? Or, seeking guidance for mentoring new employees? Suzy Lindblom will speak to all of these topics when she takes the stage at HW Annual. Register for HW Annual today to catch Lindblom on stage
Summer is here, and housing inventory is finally growing! The spring housing inventory was like a zombie rising from the grave, very slow, but the summer is showing some promise and let’s hope it continues. Purchase apps had a small week-to-week gain. Mortgage rates were again in a small range,
The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2023 HW Insiders are open until the end of today, June 23, 2023. Click here to nominate someone from your organization today. Today marks the last day to
The U.S. Department of Housing and Urban Development (HUD) announced this week that it has established a new Office of Manufactured Housing Programs, which will report to Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner Julia Gordon. The office will work to accelerate manufactured housing in order to
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial