Increase in ARMs Considered by Purchase and Refinance Applicants, MBA Reports
Mortgage applications declined 4.7%, with refinancing down 8%. Increased ARM share suggests changing borrower preferences amid stable mortgage rates.
Flueid introduces an upgraded title verification platform.
Flueid will showcase its platform at ALTA ONE, providing live demo appointments and previews of innovative AI features for private lenders.
Recent Report Reveals 15% Cancellation Rate for Home Purchase Agreements
Home purchase agreements saw a significant cancellation rate, highlighting potential market volatility. Discover insights impacting private lenders' strategies.
Addressing the Unspoken Challenges in the Mortgage Industry
Explore the pressing challenges in the housing market and the implications for private lenders as an entire generation faces unprecedented barriers to homeownership.
Florida Homes Experience Longer Selling Times Amid Price Reductions
Florida's housing market sees nearly 50% of listings with price reductions, reflecting a median 98-day timeframe on the market as demand shifts.
Arrivva’s Fixed-Fee Model Disrupts Traditional Commission Structures
Discover Arrivva's innovative flat fee structure, charging $9,750 for buyers and $15,750 for sellers, simplifying costs for all home transactions.
Trump Encourages Builders to Boost Home Construction Efforts
Trump advocates for increased collaboration between Fannie Mae, Freddie Mac, and large homebuilders to boost construction efforts and address housing supply issues.
What is the extent of price reductions by home sellers?
42% of listings experience price cuts with a 4% median reduction, indicating significant seller adjustments in a shifting market landscape.
CrossCountry Mortgage CEO Reveals New Organic Growth Strategy
A company opts for organic growth over mergers, acquiring mortgage servicing rights and establishing an asset management division to enhance origination and servicing.
KB Home Introduces New Community in the Seattle Area
Explore Greenleaf Grove’s pricing starting at $1.3 million, highlighting emerging opportunities for private lenders in the Seattle area’s housing market.