Annual Surge of Nearly 40% in New Home Mortgage Applications: Insights from MBA
"Discover how mortgage demand spiked by nearly 40% in October YoY, driven by a surge for new homes due to depleted inventory of existing properties."
Jason Bressler of UWM Discusses the Impact of Failure on Technological Innovation
"Discover how UWM's Jason Bressler fosters a culture that champions progress through failure as part of the job. An intriguing perspective for private lenders."
Mortgage Rates Witness a Downward Trend for Three Consecutive Weeks
"Mortgage rates experience a decline this week, influenced by October's inflation report affecting the 10-year Treasury yield. Relevant for private lenders seeking market insights."
Robert Reffkin: The Real Estate Market is at Its Prime for Success
"Amid antitrust lawsuits, volatile mortgage rates, and a housing shortage, Compass CEO, Robert Reffkin, remains bullish on the real estate industry's future. Read on for in-depth insights."
Builder Confidence Experiences Decline for Four Straight Months
"Anticipate a 5% rise in single-family starts for 2024 as per NAHB forecasts, amid decreasing builder confidence. Get involved in the Weekley Real Estate News."
Prominent Independent Brokerage John L. Scott Takes Over Sterling Johnston Real Estate
"John L. Scott Real Estate, an independent brokerage, broadens its presence in Redmond, Washington, with the strategic acquisition of Sterling Johnston Real Estate."
New York’s Plaza Apartment Fetches $66 Million in Notable Sale
"Discover inside secrets of a significant off-market real estate transaction, in which a grandiose NYC Plaza apartment sold for an astounding $66 million."
CondoTek and MGIC Launch Solution for Condo Compliance Issues
"Discover CondoTek and MGIC's new condo compliance solution, offered at no additional cost with CondoTek's CPW. A breakthrough development in real estate compliance."
Analysis Reveals State Community Reinvestment Laws May Surpass Federal Legislation, CFPB Reports
"Explore the key insights from the CFPB report detailing how states have broadened provisions in the Community Reinvestment Act that impact mortgage companies."
Rocket Enhances Margins under New CEO, Continues Profitability in Third Quarter
"Rocket Companies registers solid Q3 2023 profits, with increased margins in direct-to-consumer and wholesale channels, indicating robust industry growth for private lenders."