Nationwide Home Flipping Activity Declines Amid Contracting Profits
Q1 2025 saw the lowest recorded property flips since 2018, highlighting a potential slowdown in the housing market that private lenders should monitor closely.
Q1 2025 saw the lowest recorded property flips since 2018, highlighting a potential slowdown in the housing market that private lenders should monitor closely.
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The anticipated shift highlights the Federal Reserve's ongoing dilemma in determining the right timing for interest rate cuts amid evolving economic conditions.
Plaintiffs in The Gibson case challenge defendants' attempt to delay proceedings following preliminary approval of the Hooper settlements, raising legal implications.
VA purchase loans increased by nearly 10% year-over-year, while refinances surged by approximately 150%, highlighting shifts in veteran home financing trends.
New home sales increased last month; however, builders remain cautious about issuing new permits or starting projects amidst persistently high mortgage rates.
PHH Mortgage expands its partnership with Blend, integrating Rapid Refi and Rapid Home Equity products to enhance efficiency and streamline lending processes.
Freddie Mac's integration enables lenders to utilize the AutomatIQ Borrower Income Analysis solution for streamlined transmission of pay stub and W-2 data.
Mortgage rates remain steady, yet positive indicators such as increased housing supply and a strong job market suggest stability and growth in the sector.