News

Mortgage Rates Likely to Stay Below 4% Through 2020

CoreLogic Chief Economist Frank Nothaft said the pace of home-price gains will quicken over the next 12 months as low mortgage rates give buyers the ability to pay more for properties. Home prices probably will increase 5.8% in the 12 months through August 2020, Nothaft said in an exclusive interview with HousingWire. That’s a faster […]


Single-Story Home Construction Increased in 2018

Two-story homes are still more popular among homebuilders than single-story homes, but that gap is shrinking. According to newly released analysis by the National Association of Home Builders, the share of new homes with two or more stories fell from 55% in 2017 to 53% in 2018, while the share of new homes with one story […]


Housing Affordability Spiked

In July, home prices rose 0.5%, declining 3.8% year over year, according to First American’s Real House Price Index. According to First American’s data, unadjusted house prices sit 7.4% above the housing boom peak. Whereas consumer buying power ticked up 0.5% between June and July, increasing 12.2% year over year. This means when consumer house-buying power is factored in, home […]


Best Week to Buy a Home

With kids back in school and the days getting shorter, some families may think it wise to wait for the spring or summer buying season to find a great deal on a new home. Not so fast, says a new study from Realtor.com that found buyers will find the most favorable buying conditions during the week of […]


Women’s Voices in Mortgage

Five Star honored the mortgage industry’s female leaders Wednesday with the presentation of the Keystone Awards at the Women in Housing Leadership Banquet, during the Five Star Conference and Expo. This year, the banquet was a joint presentation of Five Star and mPower, the Mortgage Bankers Association’s organization dedicated to advancing and supporting women professionals.  […]


New Home Sales Rise

Sales of new homes rebounded at a faster pace than forecast in August as a decline in mortgage rates sparked demand for higher-priced properties. Single-family home sales climbed 7.1% to a 713,000 annualized pace, surpassing all estimates in a Bloomberg survey of economists, after an upwardly revised July selling rate, Commerce Department data showed Wednesday. The […]


Mortgage Industry and Artificial Intelligence

The nation’s 100 largest companies are leveraging artificial intelligence to radically transform business, and the mortgage industry is aiming for the same.  With the digital mortgage era underway, the industry hopes to utilize AI’s capabilities to facilitate a process that’s better for both borrowers and lenders. At National Mortgage News’ Digital Mortgage Conference in Las […]


Digital Mortgage Introduces New Technology Offerings

Business intelligence software from a compensation management technology provider and an auto-fulfillment service for disclosures were among new offerings introduced by companies at Digital Mortgage Monday. Capabilities of the new business intelligence software, LimeGear, include an analysis of which lead sources provide the highest return on investment, and alerts and notifications aimed at helping sales […]


1 2 3 19