Origination

House hunting activity also slowed in December, with home tours declining 69% from the start of the year, a Redfin report found.

NexBank will provide a line of credit of $200 million, $68 million lower than what it supplied in 2022.

The 30-year fixed rate surged 15 basis points from a week earlier but ends 2022 at more than twice its mark from a year ago.

The laws will go on the books later next year as part of an effort to provide builders with new tools to deal with the California's lack of land for new residential construction.

Special purpose credit programs, down payment assistance and potential mortgage insurance premium cuts came into focus over the past year.

Sales of high-end homes fell 38.1% year-over-year, per a Redfin report.

The National Association of Realtors index of contract signings to purchase previously owned homes decreased 4% last month to 73.9, the lowest outside of the pandemic in data back to 2001, according to a release Wednesday.

Kindred Home Loans will serve buyers of properties in Dallas and San Antonio markets.

Eligible borrowers in Atlanta, Baltimore, Chicago, Detroit, Memphis and Philadelphia can apply.

Prices fell 0.5% from September, the fourth consecutive monthly decline for a seasonally adjusted measure of home prices in 20 large cities, according to the S&P CoreLogic Case-Shiller index.