Mortgage rates decreased again today on weak economic data, following last Friday’s similar drop in the 10-year yield. Furthermore, the mortgage spreads in today’s pricing are favorable. According to the latest quote from Mortgage News Daily, mortgage rates are now around 6.89%. This represents a decline of 0.37% from the most recent high of 7.26%,…
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Annual rent growth for single-family homes remained sluggish in December 2024, with prices rising 1.8% year over year, according to the newest Single-Family Rent Index from CoreLogic. While this marks a slight uptick from November’s 1.5% growth rate — the lowest in 14 years — it is still below the 2.5% increase recorded in December…
Fidelity National Financial (FNF) delivered a strong earnings report in the fourth quarter of 2024, increasing its companywide net earnings for the full year and showing positive Q4 results for its title insurance segment. FNF’s adjusted net earnings were $366 million in the fourth quarter, compared to $204 million in Q4 2023. For the full…
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.