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Coming Up:
Nov 19, 2024
Mortgage Application Rejections Hit Decade High
The average rejection rate for mortgage applications increased by 8.6 percentage points to 20.7% in 2024, well above the 2019 rate of 10.2%.
US Mortgage Corporation Welcomes Paul Laprade
Laprade brings over 30 years of experience to the role
Homeowners Earning Under $50K Skip Meals To Make Monthly Payments
74% of homeowners and renters struggle to afford monthly payments
AnnieMac Data Breach Impacts 171,000 Customers
Letters detailing the Aug. 23 breach were mailed to thousands of affected customers across multiple states last week.
NewFed Taps Rick Scherer To Lead National Expansion
Scherer's division, OnTo Mortgage, will be added to NewFed in coming weeks
Zillow Hitting 2025 With Executive Re-Boot
Zillow's President and SVP of Product step down, Jun Choo appointed to COO
With Election in The Rearview, Buyer Demand Emerges
Early homebuying activity has reached its highest level in year-and-a-half
Existing Home Sales Rebound In October
Yet, the 15.5% of canceled purchase contracts was the highest cancellation rate in a year, reflecting the razor-thin affordability margins.