Mortgage rates rose again last week to their highest level since 2019, resulting in a drop in refinance applications—although purchase applications rose slightly—the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending March 11.
Here’s a quick recap of housing market stories that have recently come across the MBA NewsLink desk:
CoreLogic, Irvine, Calif., said single-family rent growth started 2022 strong by increasing 12.6 percent year-over-year in January.
Deephaven Mortgage, Charlotte, N.C., appointed Lisa Heitzmann, CMB, as Chief Operating Officer. She will oversee operations of Deephaven’s internal underwriting, wholesale and correspondent teams.
The Mortgage Bankers Association’s annual Technology Solutions Conference & Expo takes place Apr. 11-14 at the Bellagio Las Vegas.