by Jesse Williams | May 11, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The runup on home prices and mortgage rates continues to weigh on the minds of aspiring homebuyers as buyer sentiment took another dip in the last month, according to recent data from Fannie Mae. The organization’s Home Purchase Sentiment Index (HPSI) decreased...
by Jesse Williams | May 11, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Rocket Companies Inc., the parent of Rocket Mortgage and several other mortgage and finance companies, is reporting a $1 billion profit for Q1, an increase from $865 million from the previous quarter, but saw year-over-year losses from $2.77 billion in Q1...
by Jesse Williams | May 11, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Mortgage Applications increased for the second consecutive week, according to the Mortgage Bankers Association’s (MBA) most recent Weekly Mortgage Applications Survey. The 2% increase in mortgage applications builds on the 2.5% climb from the previous week after...
by Jesse Williams | May 10, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Texas-based Keller Williams (KW) reported first quarter earnings last week, seeing domestic transactions, listings and closings fall compared to a year ago while sales volume rose 10.5% to $108.4 billion—a clear illustration of shrinking inventory and rising prices....
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...
by Jesse Williams | May 10, 2022 | Agents, Brokers, Consumer, Industry News, Latest News, National, News, Premier, Teams |
April data suggests that the U.S. housing supply is readying to rebound, as active listings posted the smallest year-over-year decline (-12.2%) since December 2019, according to the Realtor.com® ‘s latest Monthly Housing Trends Report released this week. Inventory...