"October 2, 2024" Archives

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CoreLogic home-price report shows slowest appreciation rate since July 2023

The Federal Reserve’s 50 basis-point interest rate cut in September is already making an impact on housing markets across the country. But high mortgage rates and affordability challenges put a damper on home-price growth in August. That’s according to CoreLogic’s Home Price Index, which showed that prices rose 3.9% during the year ending August 2024….

Reverse mortgage lender finds retirees are happier than older workers

HomeEquity Bank, the leading reverse mortgage lender in Canada, recently conducted a survey and found that the country’s retirees ages 75 and older were generally happier with their lives than workers in their 50s who are approaching retirement. “According to the findings, 95% of Canadians 75 and older said they are very or somewhat satisfied…

Arc Home adds OptifiNow’s advanced CRM to aid sales, marketing efforts

OptifiNow announced the implementation of its high-tech customer relationship management (CRM) platform with nonqualified mortgage (non-QM) lender Arc Home LLC on Tuesday. The platform offers a new broker scoring system designed for better account management and a tagging system to improve email marketing campaigns. The CRM company launched in 2016 to provide third-party origination (TPO)…

Boston suburb’s housing battle with state echoes national issues

As localities across the country wrestle with housing shortages, one Massachusetts town will make its case to a panel of judges next week to argue against a plan that requires the construction of more multifamily units, according to reporting by USA Today and state records reviewed by HousingWire. As part of the broader community operating…

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