Existing-Home Sales Up Nearly 24 Percent in January Compared With a Year Earlier
Existing-home sales in January were at a seasonally-adjusted annual rate of 6.69 million, an increase of 0.6% compared with December and up 23.7% compared with…
Day: February 22, 2021
Rates Are In Big Trouble, But Why? Could Home Prices Cool This Spring?
Huge Mortgage-Specific Weakness The rate reset continues. Just when you thought 10yr yields surely couldn’t go any higher, they did. New intraday highs of 1.394%…
Radian: ‘Home Prices Continue To Be a Shining Star’
Home prices nationally rose at an annualized rate of 7.5 percent from the end of December 2020 to the end of January 2021, according to…
Volume of Mortgages in Forbearance Decreases for Third Straight Week
The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey reveals that as of February 14, the total number of loans in forbearance had…
Lenders Gain Intel with OptifiNow/MMI Integration
OptifiNow says it has completed an integration with Mobility Market Intelligence (MMI) that allows its users to access MMI’s database of real estate agent and loan…
HUD Announces Disaster Assistance for Texas’ Winter Storm Victims
The U.S. Department of Housing and Urban Development (HUD) Monday announced the implementation of federal disaster assistance for the State of Texas to provide support…
Redfin Poised to Enter the Rental Game
The real-estate brokerage Redfin last week announced it has entered an agreement to acquire RentPath Holdings for $608 million. The deal would pull RentPath out…
Despite Pandemic, the Need for Smaller Homes Remains
A study released by the Harvard Joint Center for Housing Studies has found that while the pandemic has yielded the need for bigger and more…