Tagged: First American Financial Corp.
With waning affordability and rising mortgage rates purging the market, both LendingTree and First American saw a recent uptick in adjustable rate mortgages.
As the market adjusts to a post-pandemic norm with higher mortgage rates, housing market potential will subside from recent highs, according to First American.
House prices are now 52.9% above the housing boom peak in 2006.
There are two trends locking homeowners in place and preventing much-needed housing supply from reaching the market.
Title company’s chief economist says history shows rising mortgage rates may take the steam out of rising house prices, but don’t necessarily trigger a decline.
Rebrands its venture capital arm, which since 2019 has invested in more than 20 high-growth proptech companies
Completing acquisition of Mother Lode Holding Co. expands First American’s footprint in 11 states.
First American economist cautions that the last two years were the exception, not the rule, and the market is adjusting to a not-so-new normal.