First Quarter GDP Slows to 1.1%
The U.S. economy marked its slowest growth in nearly a year, the Bureau of Economic Analysis reported Thursday.
MISMO Recruiting Industry Professionals to Participate in New Group Focused on Reverse Mortgage Lending
MISMO®, the real estate finance industry standards organization, issued a call for participants to join a new development workgroup focused on analyzing and developing standards for reverse mortgages.
March Pending Home Sales Down 5.2%
Pending home sales fell in March for the first time since November 2022, the National Association of Realtors reported Thursday.
Zillow: More Buyers Purchasing Mortgage Points to Ease Monthly Costs
An analysis of Home Mortgage Disclosure Act data by Zillow Home Loans, Seattle, found nearly 45% of conventional primary home borrowers opted to purchase mortgage points in 2022 as a way to reduce their monthly payment.
CoreLogic: Mortgage Delinquency Rate Hovers Near Record Low
CoreLogic, Irvine, Calif., said mortgage delinquencies fell in February from January but rose slightly from a year ago.
