Existing-Home Sales Jumped 7 Percent in September
Boosted by an increase in inventory, existing-home sales jumped 7% in September compared with August to a seasonally adjusted annual rate of 6.29 million, according…
Day: October 21, 2021
Roc360 Successfully Issues Three Securities Worth $200 Million
Roc Capital LLC (Roc360) has announced the closing of its first round of syndicated revolving securitization of residential transitional loans. Roc36, a digital platform for…
Home Supply to Demand Imbalance Continues
The pace of the housing market has accelerated up at a time when it typically slows, as 44% more homes are pending sales than at…
Real Estate Investors Getting More Bang for Their Buck
Investors are buying up more real estate and paying less for it, as a new report finds investors now account for 15% of all residential…
Distressed Sales Represent Less Than 1% of the Market
Sales of already-built existing homes increased in September in each of the four major regions monitored by the National Association of Realtors (NAR). According to a new report…
Mortgage Rates Continue to Increase, Freddie Mac Reports
Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.09%. “Mortgage rates continued…
Mortgage Cadence Debuts New Mortgage Cadence Platform for Mortgage Lenders
Mortgage Cadence, a subsidiary of Accenture, has unveiled their new Mortgage Cadence Platform (MCP) and announced the release of version 1.1 to help users throughout…