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National Mortgage News

Mortgage applications for new homes drop along with sales, supply
National Mortgage News
Mortgage applications for newly constructed homes declined in May as sales and supply are not keeping up with demand, the Mortgage Bankers Association said. "Despite strong demand, builders have not been able to ramp up the supply of new homes, ...
2018 Home Sales Skew Toward Higher Price PointsGrowella (blog)

all 2 news articles »

USA TODAY

US home sales fall 2.5% in April, Mortgage rates hit 7-year high
USA TODAY
WASHINGTON — U.S. sales of existing homes tumbled 2.5% in April — with the costs of buying a home jumping and would-be buyers facing a persistent shortage of properties on the market. The National Association of Realtors said Thursday that homes ...
Sales of existing homes fall as inventory woes continueNational Mortgage News
Existing Home Sales Reverse Course, Down 3%Mortgage News Daily
Mortgage rates climb to 7-year high as inventory crunch persistsFox Business
PR Newswire (press release)
all 83 news articles »

Forbes

Why High Home Prices And Rising Mortgage Rates Aren't Stopping Sales
Forbes
Mortgage rates hit their highest point in seven years last month, and home prices have jumped 6.5% since mid-2017. On the West Coast, many cities are seeing double-digit gains in home appreciation. But somehow, home buying isn't slowing down. In fact ...


Mortgageorb

Sierra Pacific Mortgage Taps John Goulding as East Coast Sales ...
Mortgageorb
Industry veteran John Goulding has joined Sierra Pacific Mortgage Co., Inc., as the divisional sales leader for the East Coast. Goulding has more than 34-years ...
John Goulding Named Eastern Divisional Sales Leader for Sierra ...National Mortgage Professional Magazine

all 2 news articles »

Tulsa World

Scott Meacham: Entrepreneur develops customer relationship management tool
Tulsa World
He had researched and tested multiple software products to find an effective sales and customer relationship management platform for his own mortgage company. They were expensive, cumbersome to use, and didn't generate the efficiency or payback that ...


National Mortgage News

Toronto sales rebound signals Canadian housing is stabilizing
National Mortgage News
The stabilization suggests homebuyers are beginning to adjust to the impact of tighter mortgage rules and higher interest rates, easing concern about a sharper correction. Sales rose in about half of all markets. They climbed 1.6% in Toronto, the ...
CREA cuts home sales forecast, May sales down 16.2% compared with year agoToronto Star
Home sales hit 5-year low in May, prices down 6.4 per cent since a ...Globalnews.ca
Canadian home sales expected to fall 11% this year | CBC NewsCBC.ca

all 81 news articles »

USA TODAY

Mortgage interest rates 2018: Rates hit 7-year high, slow home sales
USA TODAY
Is the housing market, an engine of economic growth, starting to sputter? Home sales are slowing, spurring debate about whether the culprit is rising mortgage rates or low housing supplies. The past week, the average 30-year fixed mortgage rate ...
Freddie Mac increases its 2018 mortgage origination forecastNational Mortgage News
Mortgage Rates Back on the Rise - Freddie MacFreddie Mac
Freddie Mac Mortgage Market Survey ArchiveFreddie Mac

all 110 news articles »

Wall Street Journal

GM's Rebuilt Finance Arm: Profits Minus the Mortgage Mess
Wall Street Journal
General Motors Co. is counting on a profit boost from an unlikely source: its in-house lending arm. The nation's largest auto maker by sales used to run one of the nation's largest banks, General Motors Acceptance Corp. GMAC once contributed the bulk ...


Mortgageorb

MBA: Applications For Mortgages For New Home Sales Fell Again in ...
Mortgageorb
After falling 14% month-over-month in March and 5% in April, applications for mortgages for new home purchases decreased 0.5% in May and were down 4.0% ...

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Independent.ie

Mortgage sales defended by Central Bank - Independent.ie
Independent.ie
The controversial sale of distressed loans by banks here has been defended by a senior Central Bank official.

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