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NAF Seeks To Make An Impact On Black Homeownership

By extending $20 billion in new mortgages to Black homebuyers by the year 2028

Diversity & Inclusion
Mortgage Rates Continue To Move Down

The 30-year FRM averaged 6.95% as of June 13, 2024, down from last week when it averaged 6.99%.

Analysis and Data
Buyers Turn To New Construction As Inventory Lags

May's mortgage applications for new home purchases increased 13.8% from last year.

Analysis and Data
California, New Jersey, Illinois Deemed Most At-Risk Markets

Those three states had 34 of the 50 counties around the U.S. considered most vulnerable to declines.

Analysis and Data
Home Prices Hit A Record High But Relief Expected Soon

Median sale price reaches $394,000; new inflation is data promising, Redfin analysts say

Analysis and Data
Jun 13, 2024
The Interest
Fed Projects A Single Rate Cut As Inflation Eases In May

“We welcome today’s reading and hope for more like that,” Fed Chair Powell said at the close of Wednesday's FOMC meeting.

Analysis and Data
CFPB Proposes To Ban Medical Debt From Credit Reports

CFPB expects the rule would allow 22,000 additional mortgages to be approved every year.

Regulation and Compliance
Dunmor Welcomes Two Industry Veterans To Its Leadership Team

Tuan Pham and Steve Huff bring a combined 43 years of industry experience to California lender

People On The Move
Investor Loans
Non-QM
Home Sellers Return While Buyers Withdraw, Inventory Surges

Zillow reports 80% of recent sellers were influenced by life events, not rates or financial conditions.

Analysis and Data