Alcynna Lloyd

Alcynna Lloyd

Alcynna Lloyd is a reporter at HousingWire. Lloyd has a degree in broadcast journalism from the University of North Texas. She previously interned with a broadcast position at CBS and has a background in freelance journalism.

ARTICLES

  • Top Realtor: iBuyers are stealing equity from homeowners

    Realtor Leigh Brown says the industry is locked in stiff competition with iBuyers
    The real estate industry is constantly evolving as new products and practices are introduced to the marketplace. And right now, the rise of the iBuyer is taking the industry by relative storm. At HousingWire’s engage.marketing conference held last week in Charlotte, prominent Realtor Leigh Brown said the real estate industry is locked in steep competition with these type of investors, because iBuyers are minimizing the role of agents and “stealing equity” from homeowners.
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  • Homebuilder confidence weakens as cost concerns mount

    Builder sentiment slides two points to 64 in June
    As cost and labor concerns continue to grow, homebuilder confidence retreated to 64 points in June, according to the National Association of Home Builders/Wells Fargo Housing Market Index. NAHB Chairman Greg Ugalde said while demand for single-family homes remains sound, builders continue to report rising development and construction costs, with some additional concerns over trade issues.
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  • First American appoints new VP of information technology strategy

    Paul Bandiera has more than 18 years of experience in software development
    First American, a title insurance company, recently appointed Paul Bandiera to the position of vice president of information technology strategy. Bandiera, who previously served as the president of a title and escrow software company, brings 18 years of leadership experience in retail title and settlement software development.
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  • Mortgage rates stabilize at two-year low after the U.S. avoids a trade war with Mexico

    The 30-year fixed-rate mortgage holds steady at 3.82%
    This week, mortgage rates held at a two-year low after the U.S. government avoided a trade war with its neighbors to the south, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said easing trade tensions with Mexico have helped stabilize the nation's markets.
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  • America's homebuyers are saving big as interest rates continue to decline

    Last week, 53.5% of borrowers received rates under 4.25%
    Mortgage borrowers who shopped around last week could’ve saved $42,137 over the life of a $300,000 loan, according to LendingTree's Mortgage Rate Competition Index. LendingTree indicates that the share of borrowers who received rates under 4.25% rose to 53.5%, with the index retreating 0.89 for the week ending June 9, 2019.
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  • MBA: Declining mortgage rates push refinances to a 3-year high

    The Market Composite Index rises a whopping 26.8%
    Despite growing economic tension, mortgage applications continued to climb, according to the Mortgage Bankers Association. MBA Vice President of Economic and Industry Forecasting Joel Kan said purchase and refinance applications surged, driven mainly by lower mortgage rates.
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  • San Francisco's housing market heats up as tech IPOs move in

    35% of Redfin offers made in San Francisco faced a bidding war in May
    Although bidding wars are slowing as the housing market continues to cool, new data from Redfin suggests that San Francisco's housing market is heating back up. Redfin Chief Economist Daryl Fairweather said recent tech IPOs have reignited competition in the metro.
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