Origination

Further upward pressure is likely this spring, as markets prepare for expected reduction of bond purchases by the Fed.

While relatively few of these consumers have applied for mortgages recently, the findings point to an untapped market that lenders might be able to reach out to as refinancing dries up.

The misdemeanor plea deals for three co-defendants do not add to troubles for an upstate New York developer facing federal felony charges in what once was called a "wide-ranging mortgage fraud scheme."

Decreasing affordability and remote work is spurring interest in moving to these often overlooked markets.

Out of all investor group types, those with the deepest pockets — property giants with 100 or more homes — tamped down their spending most at the end of last year, CoreLogic reported.

But experts continue to downplay the extent of the risk of a housing bubble.

Refinances now also make up less than 40% of new applications, with numbers at their lowest since 2019, according to the Mortgage Bankers Association.

XBTO intends to serve buyers in the surging Florida market with purchases of properties worth $1 million or more.