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Mortgage application activity slowed down this past week from its fast start to 2020, with a decrease of 1.2% from one week earlier, according to the Mortgage Bankers Association.57m ago
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With interest rates expected to stay low while wages and the overall economy grow in conjunction, Fannie Mae again boosted its single-family mortgage origination outlook for 2019, 2020 and 2021.1h ago
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The inventory of homes for sale is at a seven-year low and that is likely to continue to shrink in the coming months, a Zillow report said.January 21
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Sales of single-family houses in the Greater Hartford area recorded a lackluster 2019, barely gaining any ground over the previous year.January 21
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Home sellers in Albuquerque experienced some fortune in 2019 with increased home prices and increased sales across multiple categories, according to the Greater Albuquerque Association of Realtors.January 21
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IBM called for rules aimed at eliminating bias in artificial intelligence to address concerns which range from identifying faces in security-camera footage to making determinations about mortgage rates.January 21
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The rate of home sales reached a 33-month peak in December, swinging the pendulum of supply and demand, and pushing value appreciation to a 19-month high, according to Redfin.January 17
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Mortgage loan officer compensation remained level year-over-year as an unexpected surge in originations surprised employers expecting it to be a down year, an LBA Ware report said.January 17
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Groundbreakings on new homes surged in December to a 13-year high, giving the housing market momentum heading into the new year amid low mortgage rates, solid job growth and optimistic buyers and builders.January 17
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Homebuilder sentiment posted the highest back-to-back readings since 1999, as developers saw a surge in prospective buyers and a bump in the sales outlook.January 16
