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Logan MohtashamiMortgage rates are at yearly highs, but housing demand is still positive
Pending sales rose to 78,006 and purchase apps rose 7% yearly, even as mortgage rates hit highs and yields neared 4.60%.
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Industry News
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Amancai Biraben14,000 apply for California’s housing down payment program
The program’s third round, which will go to between 1,500 and 3,000 applicants, could be its last.
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Mortgage Rates
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HousingWire AutomationMomentum MLS adds Rayse as member benefit
Leaders said the partnership responds to growing demand for clearer communication and visibility in the home buying and selling process.
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Mortgage Rates
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Flávia Furlan NunesHow loan officers are saving deals as mortgage rates cross 6.6%
Loan officers are shifting their playbooks to keep deals alive as mortgage rates climb north of 6.6%.
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Mortgage Rates
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Neil PiersonSupreme Lending’s John Luddy on the ‘3 deadly sins’ of reverse mortgages
At last week’s Reverse Mastermind Summit in Tennessee, Luddy took the stage to offer in-depth advice for loan officers who are new to the segment or attempting to grow their business.
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Mortgage Rates
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Paul ParkerReal estate agents: Before you paste AI copy into the MLS, run this checklist
Checklist for AI generated MLS remarks, avoid buyer profiling, remove coded terms, verify facts and add a required human approval step.
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Mortgage Rates
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New York PostMortgage rates retreat to 6.36% despite rising inflation
Mortgage rates ticked down slightly this week, even as the latest inflation data revealed that surging oil prices resulting from the war in the Middle East have now bled into the costs of other goods
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Mortgage Rates
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The OregonianMortgage rates ease for first time after two straight weekly increases
The average long-term U.S. mortgage rate edged lower this week, its first drop after rising the previous two weeks.
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Market Trends
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NewsweekMap Shows Where Gen Z Is Carving Out Its Place in the Housing Market
Despite ongoing affordability issues and growing economic uncertainty, Gen Zers are buying homes—where they can afford to.
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Mortgage Rates
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NerdWalletMortgage Rates Today, Friday, May 15: On the Rise
TL;DR: Mortgage rates rose eight basis points today.
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Market Trends
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FOX 4 News20% of homebuyers are Gen Z - here’s where they’re buying
Gen Z is becoming a growing force in the U.S. housing market, now accounting for nearly 1 in 5 mortgage requests nationwide. Here’s where they are buying.
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Mortgage Rates
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NBC News3 tips from Zillow’s CEO that can help your home sell faster - and for more money
Homeowners looking to sell in today’s housing market may have a tough job ahead of them
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