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Profit Margins For U.S. Home Sellers Mostly Unchanged
ATTOM reported home sellers earned a 55.8% profit margin during Q2 2024 on typical single-family home and condo sales — a largely unchanged figure.
Twenty-Nine Down Payment Assistance Programs Established During Q2 2024
The Down Payment Resource Q2 2024 Homeownership Program Index Report says that there are 2,415 programs currently being tracked.
Pace Of New Home Sales Slumps In June
But, industry experts say sales data obscure still-strong demand for new construction.
PennyMac Posts Profitable Q2 2024 Earnings
The company more than doubled the $39.3 million of earnings it generated in the first quarter.
Former NYSE, ICE Chairman Appointed President Of Acrisure
Tuttle will join the global fintech as its president, effective September 1, 2024.
Mortgage Applications Decrease 2.2% From Last Week
On an unadjusted basis, the Market Composite Index decreased 2% compared with the previous week.
Teaming Up to Thrive - The Creation of DNVR Lending - (DNVR Lending Story Part 4 of 4)
Build-A-Broker™: The Journey is an American Business Media production in collaboration with Originator Connect Network, and sponsored by Rocket Pro TPO. To learn more about Build-A-Broker™ events and workshops near you, visit buildabroker.com
Home Insurance Costs, Coverage Worsening In 2024
Two-thirds of U.S. homes are underinsured as coverage amounts fail to keep pace with rising premiums, new report shows.
Existing-Home Sales Decline 5.4% Annually, Monthly In June
Existing homes sold in June at a rate only 40,000 units above that experienced in October 2023 — when mortgage rates kissed 8% — and 1.5 million units lower than June 2019.
High Insurance, Property Taxes Top Risks For Triggering Mortgage Delinquencies
An Auction.com survey found the "hidden costs" of homeownership contributed to rise in delinquencies.