Ellie Mae, Pleasanton, Calif., said refinance activity climbed to 45% of all loans closed by millennial borrowers in November, up three percentage points from October to the highest percentage since May.
With a slowing economy, Americans filing weekly initial unemployment claims has shown little movement over the past several months, according to Labor Department data.
The Federal Housing Finance Agency on Jan. 6 published the 2021 Underserved Markets Plans for Fannie Mae and Freddie Mac under the Duty to Serve program. The Plans became effective Jan. 1.
Veros Real Estate Solutions, Santa Ana, Calif., released its Q4-2020 VeroFORECAST data, projecting home price appreciation will increase significantly during the next 12 months in the 100 most-populated markets.