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Coming Up:
Mortgage Rates Rise Again As 30-Year Hits 6.57%
The 15-year fixed rate also increased this week.
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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.
Home Affordability Took Another Hit In April
MBA's affordability index finds mortgage application payments rose 0.9% to $2,112.
REC. May 23, 2023
NLRB Says UWM Employment Contracts Violate Workers' Rights
Complaint filed by former senior underwriter and supported by NLRB headed to hearing in July.