Even as home prices and rents continue to rise, a new report from ATTOM Data Solutions shows that owning a home is a better option than renting for more than half of the country. According to ATTOM’s report, a median-priced, three-bedroom home is more affordable than renting a three-bedroom property
In his first public remarks since a U.S. airstrike that killed a top Iranian general last week, Federal Reserve Vice Chairman Richard Clarida said U.S. monetary policy is “in a good place” despite “significant global growth headwinds.” Without mentioning the recent market turmoil stemming from a ramp up, then ramp
Customer acquisition, instant loan approvals and home valuations are a three-front war for housing dominance in 2020. As a lender, you must win all three or you lose. Julian Hebron, Columnist Acquisition is a battle for customer service and compensation, instant approval is a battle for customer experience, and home
This week, the average U.S. fixed rate for a 30-year mortgage averaged 3.64%. Not only is this percentage below the previous week’s average, but it’s also 81 basis points below the 4.45% of the same week last year, according to the Freddie Mac Primary Mortgage Market Survey. The decline also brought mortgage rates to lows
The hottest housing markets might be in the south, but Millennials are gravitating up north. In a study from LendingTree, it was revealed that a significant number of Millennials are seeking homeownership in Minneapolis; Buffalo, New York; and San Jose, California. In fact, 56.2% of purchase requests in Minneapolis were
ClosingCorp, a provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, recently announced it has reached an agreement to acquire WESTvm, an order management solution, from real estate technology company WEST. According to ClosingCorp, WESTvm, which will be renamed as ClosingCorp
The value of all U.S. owner-occupied homes increased to a record $29.2 trillion in the third quarter, according to a Federal Reserve report known as the Flow of Funds. That was a gain of 4.2% from a year earlier, the slowest annualized increase since 2012. The collective value of U.S.
Despite low housing supply continuing to affect the housing market as 2019 came to an end, Redfin indicates the frequency of bidding wars for real estate continued to fall. According to the company, only 9% of purchasing offers made on its site faced a bidding war during the month. Not
Quicken Loans signed a four-year contract with the National Football League to be its exclusive mortgage sponsor, just in time for the Feb. 2 Super Bowl. Terms of the deal weren’t disclosed. “Over the years we’ve been a brand and a company that likes to do big epic things,” Casey
Retail mortgage lender Guaranteed Rate announced this week it hired Marc Demetriou as a vice president of mortgage lending for the northern New Jersey area. Demetriou joins the company with nearly 15 years of industry experience. For three consecutive years, Demetriou was named one of the 50 Most Connected Mortgage
HousingWire sat down with LoanCare Chief Operations Officer Mike Blair to discuss the company’s growth, its approach to servicing and the best way to prepare for a potential downturn or recession. HousingWire: LoanCare has witnessed significant growth this past year as the company’s size and overall market share have increased.
U.S. employers welcomed more than 200,000 employees to the jobs market in December, according to ADP Research Institute and Moody’s Analytics. Private sector employment increased by 202,000 jobs, rising 29,000 in the goods-producing sector, which includes construction employment, according to the jobs report issued on Wednesday. During the month, the housing market welcomed 37,000 more
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