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Demand for mortgages rebounds after 3 weeks of declines: MBA

USA Real Estate News-Inman - Wed, 2021-06-16 08:45
Applications for purchase loans and refinancings climbed as mortgage rates eased to the lowest levels since early May, according to the Mortgage Bankers Association.

Home sale-leasebacks are surging, but are they good for homeowners?

USA Real Estate News-Inman - Wed, 2021-06-16 08:32
Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors are offering.

Opendoor launches in 6 new cities, achieves sales milestone

USA Real Estate News-Inman - Wed, 2021-06-16 08:14
In celebration of reaching 100,000 transactions, Opendoor has launched its largest group of new markets yet across the South, Midwest and Southwest.

Fannie Mae has ‘meaningfully downgraded’ its forecast for 2021 home sales

USA Real Estate News-Inman - Wed, 2021-06-16 07:30
As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae said.
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