Mortgage rates hit another record low this week
Oct 22, 2020The average U.S. mortgage rate for a 30-year fixed loan fell to 2.8% this week, another record low, Freddie Mac said in a report on Thursday.
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The housing bubble boys blew it in 2020 The NAR existing home sales report released today blew out all estimates with 6,540,000 in existing home sales. This epic headline punctured any 2020 bubbles the housing bubble boys had left in their...
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Mortgage
The housing bubble boys blew it in 2020
Oct 22, 2020The NAR existing home sales report released today blew out all estimates with 6,540,000 in existing home sales. This epic headline punctured any 2020 bubbles the housing bubble boys had left in their arsenal. But before we get too excited, keep in mind we are still down 0.2% year to date compared to 2019 levels. Still, this seems like a booming housing market, right?
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Real Estate
Existing home sales surge 9.4% in September
Oct 22, 2020Sales of existing homes took off in September to a seasonally adjusted annual rate of 6.54 million, up 20.9% from a year ago, NAR said.
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Oct 19, 2020Jonathan Corr served as president and CEO at Ellie Mae before announcing his retirement in September when the company was acquired by Intercontinental Exchange. Joe Tyrrell, Ellie Mae’s COO, succeeded Corr as president of ICE. HousingWire sat down with Corr and Tyrrell for an exclusive look back at the changes in the company and in the mortgage industry during the last two decades, as well as what’s ahead.
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What MBA’s forecast means for mortgage originators
Oct 22, 2020
2021 is expected to show refinance volume being cut nearly in half. To be prepared for that shift, lenders need to start training now, Dave Stevens warns.
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