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But an expected drop in refinancings as mortgage rates rise should more than cancel that out, resulting in declining overall volume through 2023.11h ago
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Mortgage volume continues to surge, driven by borrowers refinancing behind record-low interest rates, according to Ellie Mae.October 21
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Southern California home sales and prices surged higher in September, the latest evidence of a hot housing market during the global COVID-19 pandemic.October 21
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The number of bidding wars increased for the fifth straight month, with Salt Lake City posting the highest rate of competitive listings in two years, according to Redfin.October 20
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The Bay Area real estate market continued its roaring recovery in September, as buyers took advantage of ultra-low mortgage rates to scoop up a shrinking number of homes for sale at an astonishing pace.October 20
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New-home starts increased in September on a sharp gain in single-family house construction while building permits climbed, indicating residential building had plenty of momentum at the end of the third quarter.October 20
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With record low mortgage rates driving buyer demand, home sales and prices spiked in September, shrinking the supply and days on market, according to Remax.October 19
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A gauge of builder sentiment climbed to 85, the highest in records back to 1985, from 83 a month earlier, according to the National Association of Home Builders/Wells Fargo Market Index released Monday.October 19
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For many borrowers who might have qualified for conventional financing before the pandemic, non-QM loans are the only path forward toward homeownership.October 16
President and CEOLuxury Mortgage
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This year will top the total volume generated in the housing boom year of 2003. Meanwhile, next year's 30-year FRM is predicted to stay at 2.8%.October 16
