Home Purchase Demand Remains Strong Despite Mortgage Rates at 6.7%
30-year conforming mortgage rates remain over 6.7%. Despite this, housing market activity shows resilience with an uptick in pending sales and purchase demand.
Mortgage Rates Shift Focus from Labor to Inflation Concerns
Markets have moved from anticipating two to three rate cuts to factoring in a potential 2026 hike, driven by stronger job growth and elevated oil prices.
Mutual of Omaha Leads Despite 4.7% Decrease in HECM Endorsements
May HECM endorsements declined to 1,967, a 4.7% drop from April, with Mutual of Omaha Mortgage capturing 21.5% market share at 423 endorsements.
Plaza Home Mortgage Reports Data Breach Impacting Customers and Employees
Plaza Home Mortgage reveals a data breach that potentially compromised personal information of customers and employees, raising concerns for private lenders.
ICE Launches Fraud Monitor Integrated with Encompass System
ICE has launched Fraud Monitor, an integrated tool within Encompass, designed to centralize mortgage fraud detection and property risk assessments for lenders.
StreetMatrix Expands Housing Index to Include Arizona and Utah
StreetMatrix has enhanced its housing index for Arizona and Utah, providing detailed monthly reports with insightful 1-year to 3-year market comparisons.
Florida Housing Market Stabilizes, Yet Sellers Confront Pricing Challenges
Florida's median home list price is currently $495,000, while new listings average $450,000, signaling trends that private lenders should monitor closely.
Tennessee Brokers Prepare for Zillow Listing Cutoff Over Realtracs Dispute
Tennessee's MLS Realtracs is set to discontinue its Zillow feed on June 1 due to IDX display compliance issues, impacting how brokers manage direct listings.
Credit Card and Auto Loan Delinquencies Mirror 2008, Housing Remains Stable
Serious delinquencies for credit cards and auto loans are at levels not seen since the Great Financial Crisis, while savings rates hit a new low.
Zillow-MRED Dispute Highlights Risks Involved in Listing Wars
Explore Anthony Lamacchia's insights on the Chicago Zillow-MRED conflict, Clear Cooperation, and the potential impacts of an MLS listing war on consumers and agents.