Is the Mortgage Market Officially Back in a Refi Boom?

Mortgage lenders are operating in a refinance-dominated market again for the first time in years, but it may offer diminishing returns. Refinances as a percentage of closed loans are above 50% for the first time since March 2015, according to Ellie Mae’s latest monthly report, which reflects October activity. That figure is up from 49% […]

October Housing Starts: Slow and Steady Wins the Month

October housing starts rose by nearly 4 percent, HUD and the Census Bureau reported yesterday, a welcome signal that momentum appears to be rising among home buyers and home builders. The report said privately owned housing starts in October came in at a seasonally adjusted annual rate of 1.314 million, up by 3.8 percent from […]

Housing Starts Increased Along with Permits in October

New-home construction rose in October as single-family starts registered the strongest pace since the beginning of the year. The highest level of permits since 2007 shows healthy homebuilding ahead. Residential starts advanced 3.8% to a 1.31 million annualized rate, in line with the median estimate in a Bloomberg survey of economists, after a revised 1.27 […]

Easy $10 Ways to Enhance Your Curb Appeal

1. Paint by Numbers Go for the bold by painting your house numbers right on your front door. All you need is leftover paint, a number stencil from the crafts store, and a steady hand. Pick a paint color that contrasts with your door for ultimate standout appeal. 2. Sitting Pretty Create an inviting outdoor […]

Housing in These Cities May Become Unaffordable by 2028

House prices are still on the rise, and as we approach a new decade, there are a handful of housing markets where home prices could be unaffordable before that upcoming decade ends. GOBankingRates conducted a study where it found 16 cities across the nation that are projected to experience significant jumps in home value that would take their average […]

More First-Time HomeBuyers Enlisting Help from Family, Friends

Home prices are rising with no signs of slowing, and affordability is getting worse each month, causing potential homebuyers to turn to family or even friends to come up with a down payment. The 2019 Profile of Home Buyers and Sellers report from the National Association of Realtors revealed that more than 30% of first-time homebuyers used […]

Bidding War Competition Drops

Although the nation’s low-interest rates continue to drive purchasing demand, a report from Redfin indicates America’s bidding competition weakened in October.  According to the company, 10% of purchasing offers made on its site faced a bidding war during the month. Not only is this percentage down from last year’s rate of 39%, but it also marks a 10-year-low. […]

The Latest in Mortgage and Real Estate Technology

Black Knight, a provider of integrated software, data and analytics to the mortgage and real estate industries, announced the launch of its Regulatory Assist solution. Regulatory Assist, which integrates directly with the Black Knight Empower loan origination system, as well as other loan origination platforms, is designed to help clients streamline the compliance-testing process and make […]

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