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New-home borrowers eyeing things like rising commuting costs could add at-home amenities instead so long as they remain relatively affordable, one take on a National Association of Home Builders report suggests.
June 13
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A positive employment report, robust consumer spending and Fed comments on inflation counter measures drove rates upward.
June 9
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Fannie Mae and Freddie Mac asked originators to resubmit applications that contained errors and adjust sold mortgage information due to incorrect life-of-loan representations and warranties.
June 8
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Elevated prices coupled with higher mortgage rates are leading to affordability challenges that have reduced borrowing volumes.
June 8
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Delays in closing the deal after it was announced in August resulted in the parties' decision to remain separate, although they will still work together.
June 7
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The inventory shortage is beginning to ease, while demand is slowing due to high prices and rising mortgage rates.
June 3
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With anticipated Federal Reserve moves already factored in, inflation and jobs data could play a bigger role in driving movement over the near term.
June 2
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The effects on nonbanks will depend on the mix between their production and servicing operations, Fitch Ratings said.
June 1
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Privately securitized mortgages made by these institutions have already exceeded 2021 levels, however some of the collateral lacks income verification, according to a new KBRA report.
May 31
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Several Sun Belt cities popular for relocation over the last two years were among markets with the most reduced listing prices in April.
May 27
