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.
Pending home sales fell in March for the first time since November 2022, the National Association of Realtors reported Thursday.
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, Irvine, Calif., said mortgage delinquencies fell in February from January but rose slightly from a year ago.
Homebuyer affordability declined in March, with the national median payment applied for by purchase applicants increasing 1.6 percent to $2,093 from $2,061 in February, the Mortgage Bankers Association reported Thursday.