‘Hot’ Rental Markets to Watch in 2024
For those that cannot buy in the current housing market, those people must turn to renting. If you live in Atlanta, Kansas City, or Cincinnati, renting may be the predominant… Read more »
Tag: Headlines
Zillow to Close iBuying Division
Zillow, a Seattle-based real estate and financial services company, has announced the closing of its iBuying division Zillow Offers effective immediately. The move represents a significant move away from one of its core means of revenue and the elimination… Read more »
Mortgage Rates Fall to 2.9%
Mortgage rates continued to trend downward this week, as Freddie Mac reported the 30-year fixed-rate mortgage (FRM) slid down to 2.90%, dropping eight basis points from last week’s total of… Read more »
Nearly 40% Fewer Homes for Sale Since Last Year
The number of U.S. homes for sale dipped below 700,000 for the first time, setting a new low mark for listed inventory, according to the Monthly Housing Trends Report published… Read more »
FHA Announces New Automated Underwriting System for Lenders
The Federal Housing Administration (FHA) has launched a new automated underwriting system (AUS) for single family forward mortgages. The “FHA Catalyst: Single Family Origination Module –AUS” enables lenders to electronically… Read more »