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Homestar Financial to Shutter After 21 Years

Homestar Financial to Shutter After 21 Years

Monday, 30 October 2023
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Homestar Financial has been in business for 21 years but will close at the end of the year, according to the Gainesville, Georgia-based mortgage bank. So reports local Now Habersham. Read more...
Mortgage Rates Gain for 7th Straight Week in March Toward 8%

Mortgage Rates Gain for 7th Straight Week in March Toward 8%

Monday, 30 October 2023
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The benchmark U.S. long-term mortgage rate has risen for a seventh consecutive week, exacerbating housing unaffordability. So reports ABC News. Read more...
CoStar Marks 50 Straight Quarters of Double-Digit Sales Growth

CoStar Marks 50 Straight Quarters of Double-Digit Sales Growth

Monday, 30 October 2023
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CoStar Group has chalked up 50 quarters in a row of double-digit revenue growth. So reports Real Estate News. Read more...
MMG's Bodnar: Three Headwinds to Watch

MMG's Bodnar: Three Headwinds to Watch

Friday, 20 October 2023
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Bill Bodnar of the Mortgage Market Guide talks about the Fed's balance sheet reduction work, debt, Asia and short sellers.  Read more...
Mortgage Rates Rise for Sixth Straight Week, Nearing 8%

Mortgage Rates Rise for Sixth Straight Week, Nearing 8%

Friday, 20 October 2023
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U.S. long-term mortgage rates have risen for a sixth consecutive week as they remain at their highest since December 2000. So reports the Associated Press. Read more...
First American Compares Housing Market to the '80s

First American Compares Housing Market to the '80s

Friday, 20 October 2023
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First American Data & Analytics has likened the current housing market to the market in the late 1970s and early ’80s, another period of recession and surging interest rates. So reports NEXT Mortgage News. Read more...
Fannie Mae: Higher Rates Will Keep Hurting Economy

Fannie Mae: Higher Rates Will Keep Hurting Economy

Friday, 20 October 2023
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Fannie Mae researchers have projected that recent months’ quick runup in interest rates will probably continue to dampen future economic growth. So reports RISMedia. Read more...
REBNY Changes Buyer’s Agent Commission Rules

REBNY Changes Buyer’s Agent Commission Rules

Friday, 20 October 2023
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The Real Estate Board of New York has adopted a change to its rules that will require sellers to pay the buyer’s agents directly, rather than listing brokers paying them. So reports The Real Deal. Read more...
MMG's Bodnar: Enough Bad To Go Around

MMG's Bodnar: Enough Bad To Go Around

Saturday, 14 October 2023
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 Bill Bodnar of the Mortgage Market Guide (MMG) discusses a safe haven trade as well as the potential fallout from the terror attack against Israel and subsequent conflict in Gaza and elsewhere.   Read more...
Fed Officials Say Rising Bond Yields May Stand in for Rate Hikes

Fed Officials Say Rising Bond Yields May Stand in for Rate Hikes

Saturday, 14 October 2023
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Two Federal Reserve officials have said that a spike in yields for U.S. long-term treasury bonds could lessen the need for the Fed to continue hiking interest rates. So reports Reuters. Read more...

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