“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.
Ryan Kingsley is a contributing writer for NMP.
“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.
Currently handling only HELOCs, Figure Connect has new products coming soon, says Chief Capital Officer.
How data defines a modern theory of redlining
Homeowners with mortgages, which account for roughly 63% of all properties, collectively gained $1.5 trillion in equity since the first quarter of 2023, an average increase of $28,000 per borrower.
Softening in the market forecasted as mortgage rates remain elevated and the number of new listings rise.
The 0.2% annual increase bucks a historical, seasonal trend given that many borrowers receive their income tax refunds in March.
The recent merger of mortgage advisory firms came without the need to lay people off or make any major staffing changes.
Attached single-family rentals experienced their first price decline in 14 years, dropping 0.6% in March.
Justice Clarence Thomas wrote the majority opinion deeming the bureau's funding structure constitutional.
The NAHB/Wells Fargo Housing Market Index shows the use of sales incentives rose 2% month over month.