"Kasım 2024" Arşivleri

Late last week, president-elect Donald Trump announced that he had chosen Scott Turner, the former executive director of the White House Opportunity and Revitalization Council, to lead the U.S. Department of Housing and Urban Development (HUD). Housing industry reactions were primarily congratulatory for Turner. They included vows from organizations such as the Mortgage Bankers Association…

Mortgage applications rose 6.3% on a seasonally adjusted basis during the week ending Nov. 22, driven by a 12% increase in demand for purchase loans, according to data released Wednesday by the Mortgage Bankers Association (MBA). It is the third straight weekly increase for applications — a good sign for mortgage lenders heading into the…

As the saying goes, when one door closes, another opens. For the U.S. Department of Justice (DOJ), that door very well may be the now-mandatory buyer representation agreements, a provision in the National Association of Realtors’ (NAR) commission lawsuit settlement agreement that was granted final approval on Tuesday. In a statement of interest filed less than…

Despite the recent rise in mortgage rates, early indicators suggest that the housing market is pointed in the right direction. The latest signal comes from the National Association of Realtors‘ (NAR) Pending Home Sales Index (PHSI), which shows sales in October growing 5.4% year over year and 2% compared to September. The 77.4 reading for…