Here are the 20 hottest housing markets right now

Here are the 20 hottest housing markets right now

realtor.com reveals where demand and prices are sizzling

Mortgage closing costs drop 7% to $1,847

Origination fees dropped but third-party costs rose

Monday Morning Cup of Coffee: G-fees won’t pay for highways

Fed inaction leaves analysts strongly neutral on mortgage bonds
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The Ticker

NYC mayor reveals new affordable housing plan

Contains strongest requirements in the nation
New York City Mayor Bill de Blasio has officially unveiled his new home-affordability plan after first mentioning it during his 2013 mayoral campaign. Is this a game changer for one of America’s most unaffordable cities?
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$2 billion Ginnie Mae bulk MSR portfolio hits market

Loans carry weighted original loan-to-value ratio of 94%
Mortgage servicers seeking to get their hands on some Ginnie Mae servicing now have that opportunity, thanks to a nearly $2 billion mortgage servicing rights portfolio that’s now available for sale. Here are all the pertinent details.
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Ellie Mae revenue surges 65%

Beats earnings estimates
Ellie Mae marked another strong quarter on its books, with its second-quarter revenue surging to $65.9 million, up 65% from $40 million for the same period a year ago.
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Demand growing for rent-to-own homes

By investors and consumers
Rent-to-own programs are once again increasing in popularity after losing steam back in the 1990s. One perk of the program that’s appealing to consumers is that they aren’t forced to purchase the home.
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