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Home Listings Skyrocket! But There's a Catch ...

Homebuyers are flocking as listings see the biggest rise in months. But why are some still backing out at the last minute?

Analysis and Data
CBC Mortgage Agency Honors Lenders With Kani Award

Top lending partners celebrated for championing homeownership in underserved communities amidst housing market challenges.

People On The Move
Mortgage Delinquency Rates Rise In September 2023, Breaking Prolonged Stability

Intercontinental Exchange report highlights increase in early-stage delinquencies and serious overdue loans, while foreclosures see a significant decline.

Analysis and Data
ADUs Can Now Be Sold Separately In California

‘Backyard revolution’ opens up the affordable housing market.

Regulation and Compliance
Exchange Ratio Set For AG Mortgage Investment Trust and Western Asset Mortgage Capital Merger

The final ratio is slightly lower than first announced in June.

Industry News
Justice Department Secures Over $107 Million In Redlining Relief

Initiative tackles lending discrimination in communities of color; Ameris Bank in Florida settles for $9 million over redlining allegations.

Courts
Mortgage Rates On The Rise: 30-Year FRM Nears 8%

Freddie Mac's survey highlights concerns for homebuyers and builders; introduces tool to aid with down payments amidst soaring rates

Analysis and Data
Fed Grapples With Persistent Inflation Concerns, Says Powell

Despite recent drops in inflation, Powell hints at potential rate hikes; emphasizes the need for a stable economy amidst accelerated growth risks.

Analysis and Data
Sales Plunge While Prices Soar

In the midst of a 15.4% sales drop, home prices stubbornly climb - is the housing bubble about to burst again?

Analysis and Data
Mortgage Applications For New Home Sales Dip; FHA Share Hits Decade High

Despite a 12% monthly drop, year-on-year figures show a 14.9% increase; First-time homebuyers drive surge in FHA applications.

Analysis and Data