Says move will improve liquidity and loan-to-deposit ratio.
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Core inflation rose 5.3%, raising speculation the Fed will pause rate hikes in June but resume them in July.
In this issue, we also introduce you to the Legends of Lending. These 19 men and women have each made significant contributions to the mortgage industry.
Monthly home value growth of 1.4% is the highest since June 2022.
Black Knight says locks remain suppressed by high rates, lack of inventory.
Legislation would restore single-family pricing framework to what existed before May 1, 2023.
Economists tell real estate editors to expect some improvement in the housing market in 2024.
Filings rose 7% from April and 14% from a year earlier.
The 30-year fixed-rate mortgage averaged 6.71%, down 8 basis points from the previous week.
Addresses reconsiderations of value (ROV) for residential real estate transactions.