Daily Dose

As homeowners continue to hang onto low mortgage rates, a new report from Redfin reveals new listings fell 22.4% year-over-year in April, while pending sales slid 17% year-over-year.

As part of the GSE’s effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-4 transfers $501 million-plus in mortgage credit risk to private insurers and reinsurers.

Professor Clifford Rossi called the project "the finest student presentation on a highly technical subject I have ever been involved with."

Inflation and rising rents are leaving renters little to work with after paying their monthly dues.

While nationwide migration trends remain firm, according to a new report from Redfin, a record one-quarter of home searchers are looking to move to a new metro as high housing costs continue to push homebuyers to more affordable places.

The Bureau issues an interim final rule that contains updates to reflect a new law and Federal Reserve Board regulation.

“By providing a pathway for more older adults to stay in their homes, we are helping to improve lives and ensuring the opportunity for seniors to age with dignity,” said HUD Secretary Marcia L. Fudge.

As home prices remain flat throughout the country, ATTOM's Q1 2023 U.S. Home Sales Report revealed investment returns declined quarterly by five points, while median home values declined in nearly all markets nationwide.

The National Association of Realtors reported that pending home sales fell 5.2%. Click through for more.

“February’s early-stage delinquency rate was historically low and primarily driven by a strong job market,” said Molly Boesel, Principal Economist at CoreLogic. “However, the possibility of a recession that would raise the U.S. unemployment rate could slightly erode the current strong mortgage performance situation in the coming months.”