Mortgage-rate locks rose 68% from a month earlier in the days after the Fed announced its interest-rate cut. Many house hunters had been waiting for the Fed’s cut before locking in a mortgage rate. Homebuyers locked in nearly 70% more mortgages than they did a month earlier on September 23,...
News Updates
Simplist Technologies Officially Launches Sonar, the First-Ever Mortgage Experience Platform
New platform exits beta, empowering mortgage professionals with a unified, AI-enhanced solution that optimizes processes, increases productivity and fosters seamless collaboration Simplist Technologies, the innovator behind the award-winning mortgage marketplace Simplist, is excited to announce...
Zillow introduces First Street’s comprehensive climate risk data on for-sale listings across the US
For-sale listings on Zillow will now feature detailed climate risk information for five key categories — flood, wildfire, wind, heat and air quality — along with insurance recommendations Zillow® is introducing climate risk data, provided by First Street, the standard for climate risk financial...
HOME OWNERSHIP SLIGHTLY MORE AFFORDABLE ACROSS U.S. IN THIRD QUARTER BUT STILL DIFFICULT FOR AVERAGE WORKERS
Major Home-Ownership Expenses Consume 34 Percent of National Average Wage; Portion Ticks Downward as Home-Price Spike Eases and Mortgage Rates Drop; Historical Affordability Also Inches Up While Remaining Weak ATTOM, a leading curator of land, property data, and real estate analytics, released its...
ICE First Look at Mortgage Performance: Mortgage delinquencies remain low despite modest year-over-year rise
The national delinquency rate fell 3 basis points (bps) to 3.34% in August, dropping 0.9% for the month but up 5.1% from last year The number of borrowers a single payment past due dropped by -26K, while 60-day delinquencies rose marginally by 1K Serious delinquencies (loans 90+ days past due but...
Typical Swing State Renter Earns 17% Less Than Needed to Afford a Typical Apartment—An Improvement From the Last Presidential Election
During the last election cycle, the typical swing state renter household earned 21% less than they needed to afford the median priced apartment The typical renter household in a swing state earns an estimated $50,267 per year—$10,365 less than the $60,633 a renter must earn to afford rent for the...
Realtor.com® August Rental Report: Rental Affordability Has Generally Improved In Most Major U.S. Markets
Most Affordable Markets Include Oklahoma City, Okla., Columbus, Ohio and Austin, Texas and Least Affordable Markets Include Miami, Los Angeles and New York Despite seasonally driven demand, rents across the U.S. dipped by $5 (or -0.3%) year-over-year and nationwide to a median rent of $1,753,...
Move over, gyms and pools: Renters want pet areas and happy hour
New data from Zillow Rentals identifies today's most in-demand rental amenities Listings with newly popular rental amenities, such as turf, air filtration and happy hour, get more daily saves and shares on Zillow Rentals than similar units without these features. Rentals with traditional luxury...
HOME FLIPPING ACTIVITY DIPS SLIGHTLY WHILE PROFITS INCH UP IN Q2 2024
Flipping Rate Follows Usual Springtime Downward Track While Profits Keep Moving Slowly Higher; Investment Returns Still Hovering Around Modest 30 Percent Level Nationwide; Typical Raw Flipping Profit Rises Close to $75,000 ATTOM, a leading curator of land, property data, and real estate analytics,...








