MBA Weekly Applications Survey; FHA Mutual Mortgage Insurance Fund Actuarial Report
Mortgage applications rose for the first time in eight weeks as mortgage rates fell back below 7 percent, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending Nov. 11.
The Federal Housing Administration on Tuesday released its Annual Actual Report on the status of its Mutual Mortgage Insurance Fund, showing an increase in congressionally mandated capital reserve ratios, lower delinquency levels and a decrease in borrowers in forbearance plans.
Homebuyers across the country need to earn substantially more money than they did a year ago to buy a home, due to high mortgage rates and persistently high home prices, said Redfin, Seattle.
The U.S. hotel pipeline increased 10% year-over-year to 5,317 projects underway as of Sept. 30, reported Lodging Econometrics, Portsmouth, N.H.
TIAA Bank, Jacksonville, Fla., secured $51 million in cash-out refinancing for a student housing property in Wisconsin and shopping center in Georgia.
Using telco, pay TV and utilities insights to help create greater homeownership opportunities for millions of U.S. mortgage applicants.
Nick Smith is Founder, Managing Partner and CEO of Rice Park Capital Management, a private investment firm managing various investment vehicles and venture capital funds on behalf of institutional investors, family offices and high net worth individuals.
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