Industry News
Inventory grew 3.9% from April to May, according to Zillow's latest Market Report, after a year of steady decline.
69% of lenders believe profit margins will decrease in the months ahead, while 19% believe profits will remain the same, and 11% believe profits will increase.
Expanding the moratorium will only increase levels of debt on renter households and impede the recovery of the housing sector.
The program will provide up to $3,600 towards a down payment for families with low to moderate income.
National mortgage lender Filo Mortgage is offering to beat competitors' pricing by $1,000 with its Low-Rate Guarantee.
Consumers are better off renting in cities like Dallas, Texas
Verus plans to take advantage of the Dallas-Fort Worth market before expanding throughout the state.
Freddie Mac Multifamily extended the deadline for requesting a new COVID-19 forbearance agreement for its Multifamily loans to September 30, 2021.
Fannie Mae is seeking to help demystify the homebuying process for future homeowners with “Your Own Story.” A new campaign to educate future homebuyers on the entire process.
Farm Bureau Mortgage is the latest joint venture for loanDepot.