by Liz Ruggiero | Aug 2, 2023 | Industry News, Latest News, National, News, Premier |
A new report from the National Association of REALTORS® (NAR) shows foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, a 9.6% slip from the previous 12-month period. According to the report, foreign buyers...
by Liz Ruggiero | Aug 2, 2023 | Industry News, Latest News, National, News, Premier |
Mortgage applications saw a second straight week of decreases, this week down 3.0% from last week’s dip of 1.8%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association’s (MBA) for the week ending July 28, 2023. This week’s...
by Liz Ruggiero | Aug 1, 2023 | Industry News, Latest News, National, News, Premier |
Racial disparities in homeownership are partially contributed to by the mortgage industry, according to a new report from LendingTree. LendingTree’s new report took a look at the 2022 Home Mortgage Disclosure Act (HMDA) data, and found that the share of Black...
by Aidan Whalen | Jul 31, 2023 | Industry News, Latest News, Lead Story, National, News, Premier |
Rocket Companies, the parent company of Rocket Mortgage and Rocket Homes, is making significant leadership moves mere days before reporting its second quarter earnings performance. The Detroit-based company announced Monday that Varun Krishna would become the...
by Aidan Whalen | Jul 31, 2023 | Industry News, Latest News, National, News, Premier |
For the month of May, 2.6% of all mortgages in the U.S. were in some stage of delinquency, a 0.1 percentage point decrease compared to last month and a 0.2 percentage point decrease compared to last year, according to new data from CoreLogic. This is a historic low...
by Liz Ruggiero | Jul 28, 2023 | Consumer, Industry News, Latest News, Lead Story, National, News, Premier |
In the wake of the Federal Reserve ending its short-lived “pause” on rate hikes, the latest personal consumption expenditure (PCE) index—the Fed’s preferred inflation measurement—has shown continued cooling. The Commerce Department announced Friday that PCE...