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The number of iBuyer or "instant buyer" homes narrowed to 6.1% down year-over-year for the first quarter of 2021, according to Redfin.
According to the latest Mortgage Monitor Report from Black Knight Inc., dwindling levels of inventory are pushing the prices of homes to unseen levels.
Nationwide Appraisal Network (NAN) will now wire appraisers their full appraisal fee within 24 hours for work completed on time or early.
The CFPB is aware of concerns regarding implementation of the new Juneteenth Federal holiday as it relates to mortgage lender compliance with Truth in Lending Act.
While it can be exciting to ride the wave when the industry is thriving, brokers and loan originators need to consider strategies for long-term success.
Following ten weeks of sub-3% averages, Freddie Mac's Primary Mortgage Market Survey reported that the 30-year fixed-rate mortgage averaged 3.02%.
The use of mobile wallets has increased nearly 50% throughout the pandemic.
Non-QM lender Deephaven Mortgage named Sunny Thiara and Luke Turner as regional sales vice presidents of wholesale.
With spiking home prices in the second quarter of 2021, home affordability for average workers took another hit.
Bert Gary was selected as Atlantic Home Mortgage's risk and compliance manager for its Alpharetta branch.