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Coming Up:
Redfin: Daily Mortgage Rate Tops 7.1% For 1st Time Since November
Monthly housing payments hit a record high this week.
What To Know Before Entering The Wholesale Channel
STRATMOR Group's May Insights Report analyzes wholesale lending opportunities for lenders and LOs.
MBA Still Sees Recession In 2nd Half Of 2023
Monthly update for May forecasts mild recession starting in Q2.
Mortgage Rates Rise Again As 30-Year Hits 6.57%
The 15-year fixed rate also increased this week.
Revolutionize Your Appraisal Process With Jaro
The platform is the ultimate prop-tech solution for enhanced efficiency and accuracy.
May 25, 2023
Pending Home Sales Unchanged In April
Lack of inventory, high mortgage rates holding down sales of existing homes, NAR says.
Overall Mortgage Delinquency Rate Hit All-Time Low In March
CoreLogic said the serious delinquency rate fell to 1.1%, the lowest level in 23 years.
Nearly 43% Of Home Sellers Are Making Concessions To Buyers
Redfin says that’s nearly double the rate a year earlier.
Mind The Gap
The spread between mortgage rates and the 10-Year Treasury yield is worth watching.