A growing chorus of mortgage industry observers believe the final week of February might have been the last hurrah for sub-3% mortgage rates. And the proof is in the refi pudding. With mortgage rates making their ascension, many late-to-the-game homeowners
Real Estate Demo Hour – Qualia
Qualia Deliver an end-to-end consumer homebuying experience with Qualia Scale. Qualia Scale is a simple way for PropTech businesses to build custom, on-brand, and modern closing experiences using Qualia’s flexible infrastructure. #1 Sixty-two percent of future homebuyers want digital closing
6 Ways Twilight Photography Can Make Your Real Estate Listing Shine
If you are looking to take your real estate listing to the next level, consider incorporating twilight photography to complement your professional interior and exterior photos. Twilight photos are pictures of a home that are usually captured around dusk when
Real Estate Demo Hour – Paymints.io
Paymints.io Paymints.io is a fully electronic, secure, and compliant solution that eliminates the need for borrowers, buyers, sellers, and real estate agents to write paper checks. Save time, by skipping the bank; money, by lowering fees; and the environment by
3 Reasons Why Adding a Fireplace Can Increase Your Home’s Value
Did you know fireplaces are among the most popular home features found in homes for sale? Not only do they serve the functional purpose of providing additional warmth in your home but by adding a fireplace, you may also be
Real Estate Demo Hour – Back At You
Back At You Have full visibility into your brokerage’s performance with powerful reporting that will handle everything you need for recruiting, retention, and gained office efficiencies. The incredibly flexible commission setup allows you to track and easily process any type
The Economic Impact of Commercial Real Estate
New commercial real estate development, and the ongoing operations of existing CRE buildings in the United States, had a vital impact on the U.S. economy in 2020, supporting 8 million jobs and contributing $1.01 trillion to U.S. GDP, according to
California Housing Market: Forecast | Prices | Trends 2021
The California housing market ended previous year on a high note as sales remained strong in December and median house price reached another record high. The same momentum has been carried forward in 2021. In the first month of 2021,
The disruptive impact of big data on housing
Determining the value of a home depends on both art and science. With the increasing availability of massive amounts of housing data and the ability to analyze that information. Analysis of millions of pieces of disparate data informs nearly every
Jennifer Watson Laws promoted to HW Media’s Senior Vice President of Sales and Operations
Clayton Collins, Founder and Chief Executive Officer, and Diego Sanchez, Chief Operating Officer, of HW Media, are proud to announce the promotion of Jennifer Watson Laws to Senior Vice President of Sales and Operations. Watson Laws joined HousingWire in 2016
Low-Income Renters Left Out of Pandemic Savings
Rent price declines have typically been sharpest in the most-expensive areas, meaning less savings for lower-income renters who were hit the hardest by the pandemic Go to Source Author:
Renters, and Biden’s $15,000 homebuyer tax credit
The housing industry has been keeping a keen eye on President Joe Biden’s proposed $15,000 homebuyer tax credit for first-time homebuyers. But just how many people would actually benefit from it? According to a report from Zillow, about 9.3 million renter
How the bond market continues to impact mortgage originators and investors
After months of low rates, there have recently been shocks to the bond market. HousingWire recently sat down with Scott Happ, president of Secondary Marketing Technologies for Black Knight, to discuss the impact this has on mortgage originators and investors.
Mortgage applications continue to fall as rates climb
Mortgage applications dropped for the second straight week — falling 2.2%, according to the latest report from the Mortgage Bankers Association. The continued increase in mortgage rates is to blame, according to MBA’s Associate Vice President of Economic and Industry
Private equity shop Lovell Minnick acquires UniversalCIS
Lovell Minnick Partners, a private equity firm that acquired ATTOM Data Solutions in 2019, announced Wednesday morning that it’s diving further in to the housing space with the acquisition of UniversalCIS. Lovell Minnick acquired a majority stake in the Philadelphia-based
Consumers still struggling, but vaccine, stimulus offer hope
TransUnion’s latest financial hardship study, performed between Feb. 26 and March 1, showed that 22% of consumers surveyed still feel they are in financial “limbo,” or feel like their income has decreased and are doubtful as to when their finances
Freddie Mac taps Mark Grier as interim CEO
Months after the departure of David Brickman, Freddie Mac has tapped Mark Grier to serve as CEO on an interim basis, the government sponsored entity said on Tuesday. Grier will be intimately aware of the challenges he faces as interim
Insane lumber prices mean new homes cost $24K more
With lumber prices and other building material costs still at record-high levels, homebuilder confidence fell two points in March, per the latest report from the National Association of Home Builders. That drop in builder confidence is in spite of sky-high
How lenders can improve property tax estimation processes to bolster borrower satisfaction
For the past few years, low mortgage rates have fueled a housing market so hot that even a pandemic couldn’t derail purchase originations. Record-breaking lending volumes led many lenders to tighten up their processes across every stage of the mortgage
Lone Wolf launches digital title solution
Real estate technology company Lone Wolf Technologies announced its launch of Digital Title Orders, a digital title solution allowing agents to select their preferred title provider and submit orders directly within a transaction. Following a year where real estate and
Homebuilders struggle with supply-side bottlenecks
Mortgage applications for new homes dropped 9% from January to February, but overall applications are still up 9.2% year-over-year for homebuilders, according to the latest report from the Mortgage Bankers Association. MBA’s homebuilder application survey showed new, single-family home sales
The Spring House Hunting Season is Here – Is Your Credit Ready?
Zillow survey results show Americans are confused about factors affecting their credit Go to Source Author:
$15,000 Tax Credit Could Cover Entire Down Payment For Homes in 40 of the 50 Largest U.S Metros
If passed, first-time homebuyer tax credit could push some renters 14 years ahead toward homeownership Go to Source Author:
Cryptocurrency provider picks up former head of the OCC
Brian Brooks, former acting head of the U.S. Office of the Comptroller of the Currency, has joined the board of Spring Labs, a startup tech provider for cryptocurrencies and blockchain. This is not the first dip Brooks has taken in
