September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions
Tagged: First American Financial Corp.
Single-family construction rebounded in August, but falling permits, fewer completions, and widespread builder incentives point to a tougher fight for the purchase loans those homes eventually produce
Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations
Expanded property monitoring gives eligible homeowners early warnings about suspicious deeds, liens, and property listings
The First American subsidiary is sharpening its lender-facing identity after becoming the nation’s fourth-largest mortgage subservicer
Price declines are spreading, yet mortgage rates and uneven local conditions continue to limit what buyers can afford
Sales fell 10.5% in July as inventory climbed, leaving builders increasingly dependent on price cuts, mortgage-rate buydowns, and other incentives
The newly created position includes oversight of the company’s real estate business, corporate development, and emerging revenue initiatives
Prices fell 2.9% in Austin but rose 6.4% in Chicago, showing weak purchase demand is producing local corrections rather than a national one
Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year