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Mortgage Delinquency Rate Falls to Record Low: Black Knight

Mortgage Delinquency Rate Falls to Record Low: Black Knight

Sunday, 23 April 2023
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According to Black Knight’s “First Look” report on monthly mortgage performance data, the U.S. mortgage delinquency rate dropped to a record low of 2.92% in March.  Read more...
U.S. Home Building Improves for Second Straight Month

U.S. Home Building Improves for Second Straight Month

Sunday, 23 April 2023
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After five consecutive months of decline, U.S. home building has now increased for two months in a row. So reports Reuters. Read more...
UWM Aims to Hire 500 More Workers Despite Housing Slump

UWM Aims to Hire 500 More Workers Despite Housing Slump

Sunday, 23 April 2023
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United Wholesale Mortgage has announced that it intends to hire 500 more employees over the coming three months, notwithstanding a housing slowdown that has led rivals to reduce headcount. So reports the Detroit Free Press. Read more...
Bodnar of MMG: Bad News Stems the Rate Rise

Bodnar of MMG: Bad News Stems the Rate Rise

Friday, 21 April 2023
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The Fed is going "quiet" and their favored gauge of inflation hits next Friday. Read more...
FHA Eyes Changes for Accessory Dwelling Units

FHA Eyes Changes for Accessory Dwelling Units

Sunday, 16 April 2023
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The Federal Housing Administration has proposed updates to its guidelines with the aim of making it easier to build or buy a home with an accessory dwelling unit. So reports the Los Angeles Times. Read more...
UWM Disputes Report of Hostile Culture

UWM Disputes Report of Hostile Culture

Sunday, 16 April 2023
Lending
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United Wholesale Mortgage has hit back at a Bloomberg report that portrays a hostile workplace culture, including alleged sexual harassment, drug use and racial discrepancies. So reports The Detroit News. Read more...
Mortgage Rates Fall for Fifth Straight Week

Mortgage Rates Fall for Fifth Straight Week

Sunday, 16 April 2023
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U.S. long-term mortgage rates have recorded their fifth consecutive weekly decline amid moderating inflation. So reports CNN. Read more...
Consumer Confidence About Housing Grows, Still Near Lows

Consumer Confidence About Housing Grows, Still Near Lows

Sunday, 16 April 2023
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Consumers have become slightly less wary about buying a home, but their confidence levels remain close to historic lows. So reports Realtor.com. Read more...
Bodnar of MMG: Higher for Longer Is Back

Bodnar of MMG: Higher for Longer Is Back

Sunday, 16 April 2023
Lending
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"Banking contagion fears erode," says Bill Bodnar of the Mortgage Market Guide (MMG). Hear his take on recent earnings, expected Fed rate hikes and cuts, and technicals and their impact on gains.  Read more...
Bodnar of MMG: A Mixed Bag with a Side of Headline Risk

Bodnar of MMG: A Mixed Bag with a Side of Headline Risk

Saturday, 08 April 2023
Lending
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Bill Bodnar of the Mortgage Market Guide explains why the Jobs Report was a mixed bag and gives a preview of the headline risk in the week ahead.  Read more...

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