by Jesse Williams | Jun 1, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
Mortgage applications decreased 2.3% from one week earlier, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA), released Thursday. The drop marks the third straight week of declines, indicating that market...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
The U.S. rental market is as competitive as it’s been in decades, and renters are facing a variety of challenges. High demand is keeping vacancy rates near all-time lows and pushing rents up almost as quickly as home prices. Recent reports show rent prices shot...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
The average U.S. asking rent rose $15 in April to an all-time record $1,659, with year-over-year growth moderating by 50 basis points but remaining high at 14.3%, according to the latest Yardi® Matrix Multifamily Report released this week. “Although there are a few...
by Jesse Williams | May 13, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
Commercial and multifamily mortgage loan originations increased 72% in the first quarter of 2022 compared to the same period last year, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. In...
by Jesse Williams | May 12, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
Housing affordability posted a modest gain for average conditions in the first quarter of 2022, as a strong jump in national median income helped to offset a gradual rise in interest rates. However, home builders warn of current deteriorating conditions as a sharp...
by Jesse Williams | May 10, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
For the month of February, 3.2% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.5 percentage-point decrease compared to February 2021, when it was 5.7%, according to...