December New Home Purchase Mortgage Applications Decreased 7.1 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2021 shows mortgage applications for new home purchases decreased 7.1 percent compared from a year ago. Compared to November 2021, applications decreased
CoreLogic’s Sage Nichols Named to 2022 MISMO Board of Directors
MISMO Board members are leading efforts to deploy essential standards and innovative resources that solve industry’s highest priority business challenges CoreLogic, a leading global property information, analytics and data-enabled solutions provider, is proud to
Inventory down 40% from pre-COVID level as price growth intensifies
Competition already fierce as shoppers start the buying season early - Home value appreciation accelerates, breaking new records with 19.6% annual gain - Inventory drops below 1 million to record-low levels -- down 40.5%
The Economy and Housing to Turn Toward ‘New Normal’ in 2022
Affordability Constraints Expected to Increasingly Limit Home Sales, Weigh on Prices The housing market and larger economy are expected to enter a "new normal" in 2022 as the unprecedented market disturbances and policy responses
Mortgage Rates Continue to Move Up
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.56 percent. “Mortgage rates moved up again as the 10-year U.S. Treasury yield rose
CoreLogic Acquires Prospects Software to Deliver Advanced Customer Engagement Tools for Real Estate Professionals
Prospects’ Tools and CoreLogic’s Real Estate Platforms Streamline the Homebuying Process CoreLogic, a leading global property information, analytics and data-enabled solutions provider, today announced it has acquired Prospects Software, a leading provider of mobile MLS
Staircase Launches Low-Code Marketplace to Address Lenders’ Need to Quickly Automate Mortgage Processes
First template in new marketplace, PreApproval, empowers lenders to create a customized web- and mobile-enabled pre-approval application for borrowers in 30 minutes Staircase, the company building an integrated, digital infrastructure to accelerate tech-enabled mortgages, has
Single-Family Rent Prices Continue Rapid Upward Sprint in November, CoreLogic Reports
Single-family rent prices increased 11.5% year over year in November 2021 Record rent price growth continues to erode affordability, particularly for lower-priced rentals CoreLogic, a leading global property information, analytics and data-enabled solutions provider,
Inflation Continues to Run Hot as Retail Sales Disappoint
Key Takeaways: The Consumer Price Index (CPI) increased 0.5 percent in December, a deceleration of three-tenths from November, according to the Bureau of Labor Statistics (BLS). On an annual basis, the CPI was up 7.0
HOME PARTNERS OF AMERICA LAUNCHES FIRST-OF-ITS-KIND CHOICE LEASE® PROGRAM WITH INITIAL $1 BILLION TO HELP ADDRESS HOUSING AFFORDABILITY CHALLENGES
Choice Lease® is first-ever private sector program to offer below market rents and paths to homeownership for critically underserved populations Home Partners of America announced today the launch of Choice Lease®, a new program