A well-qualified buyer these days can find a mortgage at historically low interest rates. But that’s not good enough for United Wholesale Mortgage CEO Mat Ishbia. He’s looking to hook borrowers at stupid-low mortgage rates, though not all applicants will
Title insurance premiums surging during COVID-19 pandemic
The title insurance industry saw a surge in premium volume in the second quarter of 2020, according to the American Land Title Association’s latest Market Share Analysis. It’s no secret that lending volume is up in 2020. In fact, the
MBA: Refi index still 30% higher than last year even as mortgage applications slow
Mortgage applications decreased 2.5% last week after seeing some positivity the week prior, according to a report from the Mortgage Bankers Association. The refinance index decreased 4% compared to the week prior but remains 30% higher than the same week
Coastal Migrants Boost Las Vegas Home Prices, Up 8% in August, Amid High Local Unemployment Rate
People moving in from expensive cities and locals with changing needs are contributing to rising home prices and fast sales even as the tourism industry takes the brunt of the pandemic’s economic impact. The typical home-sale price in the Las
9 Things to Consider Before Moving to a Small Town
Are you finding yourself longing for small-town life lately? Are you looking to have more space, know your neighbors, and to just have a more relaxed way of living? Well, you’re not alone. In the wake of the coronavirus pandemic,
Home Prices Rose 11% in August—Biggest Gain in Over 6 Years
The housing market in August resembled a game of musical chairs, as high home prices and low mortgage rates began to draw more sellers to the market: New listings climbed 5%, fueling a 30% increase in pending sales. The national
Selling Your House: A Timeline of What to Expect
Selling a home has many moving parts, and whether you’re a first-time home seller or seasoned seller, the process can be daunting. In a perfect world, the home selling process would be stress-free, where you can list your house, find
Remote Work Could Open Homeownership to Nearly Two Million Renter Households
Zillow analysis finds millennials and renters in expensive coastal metros will benefit the most from new housing options afforded by telework Go to Source Author:
New home sellers join the market as high demand persists
This Zillow Weekly Market Report includes housing market data as of the week ending Sept. 5 Go to Source Author:
Poised for Growth, These Are The Dozen Mid-Sized Metros to Watch
Big-city amenities, small-town charm: The up-and-coming mid-sized metros seeing supercharged housing market growth Go to Source Author:
Rental Concessions on the Rise as Rental Market Softens
Concessions offered by landlords to entice renters have nearly doubled across the U.S. since the coronavirus outbreak began Go to Source Author:
Rising Prices, Low Supply Show Sellers in Control of Housing Market
This Zillow Weekly Market Report includes housing market data as of the week ending August 29 Go to Source Author:
Mortgage lending volume in 2020 likely to break records
Fannie Mae, the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 trillion. The dollar-volume record will be boosted by $2.4 trillion in refinancings, the highest level since 2003 and more than
Virtual notary adoption surges as businesses rush to close transactions remotely
This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Register for the FinLedger Daily Newsletter. The virtual notary services industry has become increasingly popular amid
RedfinNow expands to Palm Springs, California
For the first time since the pandemic began making an impact on the real estate industry, Redfin’s iBuying solution RedfinNow is now available in a brand new market – Palm Springs, California. Palm Springs is a “natural place” for RedfinNow
Black Knight’s Andy Crisenbery: COVID-19 created “quick fix” fintech solutions
Last spring, the housing industry was forced to pivot its traditionally in-person processes and harness available technology resources amid the spread of COVID-19. Now, the industry will need to take a step back to figure out which fintech solutions can
Better together: The united impact of the Veterans United Foundation
In early March, as everyone started to prepare for a virus that they knew so little about, the Veterans United Foundation’s Erik Morse was working with other leaders in the community on what would eventually become the beginning strategy for
Docutech becomes First American Docutech
Mortgage tech firm Docutech became First American Docutech on Tuesday as First American, one of the biggest U.S. title insurance companies, completed the rebranding of the company it agreed to purchase for $350 million in February. For First American, the
US Housing Market Forecast 2020 & 2021: Crash or Boom?
Here are the updated housing market trends & predictions for 2020 & 2021. Home buying and selling prospects drastically improved in August as economic concerns continued to ease for both buyers and sellers. Significant uncertainty remains for the housing market
Opendoor announces merger with Social Capital Hedosophia Holdings Corp. in bid to go public
iBuying platform Opendoor said it will merge with Social Capital Hedosophia Holdings Corp. II. to become a public company using the special purchase acquisition company in a deal that values Opendoor at $4.8 billion and provides it with up to
EasyKnock launches solution that lets homeowners lease back their home after selling
Residential sell and lease-back company EasyKnock has added another product to its portfolio. ReLEASE provides homeowners with the option to sell their home and rent it back from EasyKnock as long as they would like, the company said. “We’re launching
Turn your record year into a record career by creating client-for-life relationships
In this low interest rate environment, lenders are staying busy with high volumes and new clients. HousingWire spoke with Homebot CEO Ernie Graham about the best strategies for staying in touch with borrowers post-transaction and creating opportunities for success in
Compliments to the Chef
As more Americans turn to home cooking and entertaining, the functionality of a kitchen is more important than ever when choosing a home. Over the past half-century, kitchens have become somewhat fetishized; a place to display high-tech appliances and high
RedfinNow Expands to Palm Springs
RedfinNow buys homes directly, giving homeowners liquidity, certainty and safety Homeowners in the Palm Springs area can now get a cash offer for their home from RedfinNow. By selling to RedfinNow, homeowners get the certainty of an all-cash offer direct