Monthly Archives: April 2023

Key Takeaways:

• The Consumer Price Index (CPI) increased 0.1 percent in March, according to the Bureau of Labor Statistics (BLS). Over the year, prices rose 5.0 percent, the slowest annual inflation rate since May 2021. Much of the softness was due
  

Exclusive program adds power to homebuyer offers with unimaginable speed

 Proper Rate, a joint venture between Guaranteed Rate and @properties, today announced the launch of Same Day Mortgage,¹ delivering a loan approval in less than 24 hours.

New Zillow survey finds more Gen Z pet owners would want to move if their home was no longer working for their pet than if it was no longer working for their partner

• More Gen Z adults (ages
  

Freddie Mac (OTCQB: FMCC) today posted to its website a list of more than 34,000 Freddie Mac floating-rate securities transitioning from LIBOR to replacement indices based on the Secured Overnight Financing Rate (SOFR). The transition will begin

• The industry’s most innovative product, pricing and eligibility (PPE) engine – the Optimal Blue PPE – is now available in a native mobile app for iOS
• Optimal Blue PPE (OB) Mobile gives loan officers the
  

TD’s First-Time Homebuyer Pulse reveals that more than one-third of buyers planning to purchase a home in 2023 view now as a good time to buy, despite economic conditions; rising rent costs may contribute to this growing interest

Volatile mortgage rates are changing what some potential home buyers can afford from week to week, requiring a smarter way to shop

• Zillow’s new app filter allows shoppers to search for homes by a range of all-in monthly mortgage
  

• Rate lock dollar volumes were up 43% month over month in March, driven by seasonal tailwinds, falling interest rates and stronger purchase market performance
• Lock volumes increased across the board, with purchase locks increasing 44% in the month,