Mortgage application volume decreased 0.7% during the week ended March 22, despite a slight decrease in mortgage rates that brought the average rate for a
PERSON OF THE WEEK: Mortgage lenders are struggling in this challenging market. As a result, many are turning their focus on their existing customers and
U.S. home prices increased 0.4% on an adjusted basis in January compared with December and were up 6.0% compared with January 2023, according to the
The total number of U.S. homes for sale climbed 5% during the four weeks ended March 17, the biggest year-over-year uptick since May 2023, according
New home sales were at a seasonally adjusted annual rate of 662,000 in February, down 0.3% compared with January but up 5.9% compared with February
Mortgage rates will likely remain “higher for longer” than previously forecast, according to Fannie Mae’s Economic and Strategic Research (ESR) Group. Because the job market
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Mortgage point-of-sale (POS) solutions provider Floify has launched Lender Edition, a flexible per-loan pricing option for mortgage lenders. Floify Lender Edition is the counterpart to
