The S&P CoreLogic Case-Shiller 20-city price index posted a 18.6% year-over-year gain in December, up marginally from 18.3% the previous month. The index increased 1.5% from November 2021. The national home price index showed similar helium, with an 18.8% growth rate between
Regulators show united front on targeted lending programs
Federal finance and housing regulators today issued a statement to assure lenders they are on the same page when it comes to special purpose credit programs. The missive from the Federal Reserve, the Federal Deposit Insurance Corporation, the Office of
What should lenders look for in servicing solutions?
With rising interest rates and compressed margins, many lenders are looking totheir servicing business to grow revenue. However, working with borrowers exitingforbearance programs adds another layer to an already complex process whichcould raise costs. Lenders who want to thread the
Smart Home Security Gets Even Smarter — and Easier
Smart home security can give you a (virtual) lock on protecting your home and peace of mind. The post Smart Home Security Gets Even Smarter — and Easier appeared first on HouseLogic. Go to Source Author: Leanne Potts
4 Smart Home Devices: Which Are Right for Your Home?
Smart home devices can be clever choices for your home and your budget. The post 4 Smart Home Devices: Which Are Right for Your Home? appeared first on HouseLogic. Go to Source Author: Leanne Potts
How Smart Home Technology Can Be a Selling Point
Home technology smarts are the new area for real estate bragging rights. The post How Smart Home Technology Can Be a Selling Point appeared first on HouseLogic. Go to Source Author: Melissa Dittmann Tracey
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Duncan Nuts
Dearth of inventory, price hikes pose challenges for home shoppers
Rent hikes finally ease after record-breaking annual growth Go to Source Author:
Is Investing FOMO Ruining Your Chance at Wealth?
146 more U.S. cities pass the $1 million mark, the most ever in a single year
– The U.S. currently has 481 million-dollar cities, in which the typical home value is at least $1 million. Go to Source Author:
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Are refinance and agency volumes truly threatened in 2022?
It is possible to continue to increase your volume this year despite current challenges. We know that refinance volume is declining, Agency business will shrink and get more expensive and an increasing number of borrowers will not qualify under Agency
Mortgage rates blow past industry predictions
Some mortgage rate indices topped 4% on Thursday, blowing past predictions that rates might reach those levels by the end of 2022. Economists had predicted rates would rise as the overall economy stabilized. The latest mortgage rate survey from Freddie
Will rising interest rates impact VA loans for first-time homebuyers?
The VA loan is an important financing tool for VA-eligible borrowers to achieve their homeownership dream. In 2021 one in two VA borrowers was a first-time homebuyer (FTHB). Last year, mortgage interest rates reached record lows. The average VA FTHB’s interest rate was 2.90% and the quarterly FTHB VA purchase loan volume stayed elevated. In