A massive software outage affecting Ellie Mae, a mortgage technology developer, caused several loan processing delays affecting many closings.
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Home prices will likely level off within the next year as home equity releases pent-up supply, according to CoreLogic’s Home Price Index.
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Overall mortgage applications dropped again last week, but applications for home purchases – viewed as a leading gauge for future home sales – continue to tick up, the Mortgage Bankers Association reports.
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Are you in a happy place? A new index ranks cities based on their levels of well-being.
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You can now keep closer tabs on how many people are viewing your profile and pages on the social networking site.
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Vacation-home sales jumped almost 30 percent in 2013, while investment homes dropped by 8.5 percent, according to NAR’s 2014 Investment and Vacation Home Buyers Survey.
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