Pending home sales rose 8% month-over-month and increased 13.1% year-over-year.
Katie Jensen is a mortgage news reporter at NMP.
Pending home sales rose 8% month-over-month and increased 13.1% year-over-year.
Mortgage application volume fell to the lowest level in almost a year and a half.
Flex modification terms will be adjusted so borrowers can pay a reduced interest rate, regardless of their loan-to-value (LTV) ratio.
The National Home Price NSA Index reported a 14.6% annual gain in April, up from 13.3% in the previous month.
Enforcement actions resulted in more than $124 million in consumer remediation and civil money penalties in 2020
Lodasoft and Doma will be integrating their products to make real estate closings simpler and more efficient.
College-educated homeowners are twice as likely to leave the workforce after a job loss compared to renters.
Survey finds Black Americans face greater financial and generational barriers when it comes to homeownership.
The U.S. construction industry is projected to grow by more than 15% in 2021, despite pandemic-induced challenges.
More than two-thirds of U.S. homeowners (67%) plan to tackle home improvements this year, according to the latest BMO Real Financial Progress Index.