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Mortgage

Homeowners
National / Real Estate

Your Dream Home on Hold: Why Buyers Are Hitting Pause Amid Market Turmoil

September 3, 2024September 2, 2024 - by Timothy Alexander

SEATTLE, WA — Pending home sales in the U.S. saw a significant decrease of 6.9% for the four weeks ending August 25, marking the largest annual drop in nearly a year, …

Your Dream Home on Hold: Why Buyers Are Hitting Pause Amid Market Turmoil Read More

Funds
National

FTC Delivers Justice: Refunds Issued in Mortgage Scam Bust!

September 3, 2024September 2, 2024 - by Maryann Pugh

WASHINGTON, D.C. — In a recent move to redress consumer harm, the Federal Trade Commission (FTC) has distributed over $222,000 to victims of a fraudulent mortgage relief operation known as …

FTC Delivers Justice: Refunds Issued in Mortgage Scam Bust! Read More
Real estate
National / Real Estate

Sky-High Down Payments Hit Homebuyers’ Wallets: A Record-Breaking Shockwave

September 3, 2024September 2, 2024 - by Timothy Alexander

SEATTLE, WA — In June, the typical down payment for U.S. homebuyers reached a new record of $67,500, marking a 14.8% increase from $58,788 the previous year, according to a recent …

Sky-High Down Payments Hit Homebuyers’ Wallets: A Record-Breaking Shockwave Read More

Consumer Financial Protection Bureau (CFPB)
National

Discover How NewDay USA Misled Veterans: What the CFPB Uncovered!

September 3, 2024September 2, 2024 - by Maryann Pugh

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken decisive action against NewDay Financial, LLC, known as NewDay USA, for deceptive practices targeting active-duty servicemembers and veterans. The …

Discover How NewDay USA Misled Veterans: What the CFPB Uncovered! Read More
Home sales
National / Real Estate

First-Time Homebuyer Frenzy: Starter Homes Sales Skyrocket as Mortgage Rates Plunge!

September 3, 2024September 2, 2024 - by Timothy Alexander

SEATTLE, WA — The latest report from Redfin reveals a notable 10.2% increase in pending sales of starter homes in July, marking the highest level since October 2022. This uptick suggests …

First-Time Homebuyer Frenzy: Starter Homes Sales Skyrocket as Mortgage Rates Plunge! Read More

Real Estate
National / Real Estate

Decline in U.S. Mortgage Payments Sparks Renewed Buyer Interest

August 26, 2024August 26, 2024 - by Timothy Alexander

SEATTLE, WA — In a surprising shift, the median U.S. monthly mortgage payment has dropped to $2,587 for the four weeks ending August 18, marking its lowest point since February. …

Decline in U.S. Mortgage Payments Sparks Renewed Buyer Interest Read More
Vacant home
National / Real Estate

U.S. Vacant Homes and Zombie Foreclosures: New Insights

August 25, 2024August 25, 2024 - by Timothy Alexander

IRVINE, CA — In the latest analysis by ATTOM, the third-quarter 2024 Vacant Property and Zombie Foreclosure Report reveals the current state of vacant properties and foreclosure activity in the …

U.S. Vacant Homes and Zombie Foreclosures: New Insights Read More

Real estate
National / Real Estate

Investor Purchases of U.S. Homes See Significant Increase in Q2 2024

August 22, 2024August 19, 2024 - by Timothy Alexander

SEATTLE, WA — Investor activity in the U.S. housing market is on the rise, according to a new report from Redfin, the technology-driven real estate brokerage. Investor purchases of homes increased …

Investor Purchases of U.S. Homes See Significant Increase in Q2 2024 Read More
Home buying
National / Real Estate

Redfin Report Highlights Evolving Housing Market Trends

August 22, 2024August 19, 2024 - by Timothy Alexander

SEATTLE, WA — The latest report from Redfin reveals a nuanced picture of the current housing market. As of the four weeks ending August 11, the typical buyer’s monthly housing …

Redfin Report Highlights Evolving Housing Market Trends Read More
A couple looking at the document in shocked emotion.
National / Real Estate

Foreclosure Activity Rises in July 2024, with Delaware, Nevada, and Utah Leading the Rates

August 19, 2024August 18, 2024 - by Timothy Alexander

IRVINE, CA — ATTOM’s July 2024 U.S. Foreclosure Market Report reveals a notable uptick in foreclosure filings across the country. A total of 31,929 properties had foreclosure filings, including default notices, …

Foreclosure Activity Rises in July 2024, with Delaware, Nevada, and Utah Leading the Rates Read More

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