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First-time buyers hold ground as repeat buyer retreat deepens
loantrust.ai

First-time buyers hold ground as repeat buyer retreat deepens

Educational BREAKING — Mortgage Professional America reports that first-time buyers are proving more resilient than repeat buyers in the current market, with First American data showing first-time buyer activity declining at roughly half the rate of repeat buyers. This marks a notable shift from typical cycles, where first-time

Hans Michel/ / 2 min read
‘Wicked’ Will Get the Orchestra Treatment on Live-to-Film Concert Tour
humanbygod.com

‘Wicked’ Will Get the Orchestra Treatment on Live-to-Film Concert Tour

Educational BREAKING — Rolling Stone Music reports that the Wicked franchise is expanding into live-to-film concert tours, with scheduled events featuring orchestral accompaniment for screenings of Wicked: Part One and separate showings planned for Wicked: For Good, though the film cast itself will not appear at these events. This

Hans Michel/ / 2 min read
US housing inventory reaches 6-year high
loantrust.ai

US housing inventory reaches 6-year high

Educational BREAKING — Mortgage Professional America reports that housing inventory has climbed to its highest level in six years, a shift that alters the balance between buyers and sellers after years of tight supply. More homes on the market means sellers are recalibrating their expectations, and buyers with financing in place

Hans Michel/ / 2 min read
Mortgage rates rise to 6.85%, highest in more than a year
loantrust.ai

Mortgage rates rise to 6.85%, highest in more than a year

Educational BREAKING — National Mortgage News reports that mortgage rates have climbed to 6.85%, their highest point in more than a year. The upward pressure on borrowing costs has cooled loan demand measurably. The Mortgage Bankers Association's refinance index dropped 6.2% and now sits at its lowest

Hans Michel/ / 2 min read
Mortgage rates soar to 6.85% as ARM demand reaches summer high
loantrust.ai

Mortgage rates soar to 6.85% as ARM demand reaches summer high

Educational BREAKING — Mortgage Professional America reports that mortgage rates have climbed to 6.85% and demand for adjustable-rate mortgages has hit a summer peak, as borrowers shifted away from fixed-rate products during the week ending September 4. The move toward ARMs coincided with a slide in overall application

Hans Michel/ / 2 min read
Images: Downtown affordable housing development begins climb
renttrust.ai

Images: Downtown affordable housing development begins climb

Educational BREAKING — Urbanize Atlanta reports that a long-planned mixed-use development called Trinity Central Flats is finally rising at the intersection of Trinity Avenue and Shirley C. Franklin Boulevard in downtown Atlanta, bringing more than 200 relatively attainable housing units to a market that has sorely needed them. The

Hans Michel/ / 2 min read