New Data Offers Cautious Optimism for Spring Home-Buying Season, Mortgage Market — RISMedia

New Data Offers Cautious Optimism for Spring Home-Buying Season, Mortgage Market — RISMedia

As the sluggish 2023 housing market retreats farther from view, new industry data points to reasons to be cautiously optimistic about the upcoming spring home-buying season.Thanks to lower mortgage rates as of... Read more »
Mortgage rates back over 7%, as stronger economic data rolls in

Mortgage rates back over 7%, as stronger economic data rolls in

This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae, California, the United States. The sales of previously owned homes in the... Read more »
Jobs data sends mortgage rates higher

Jobs data sends mortgage rates higher

2. Early in the labor market recovery, when we saw some weaker job reports, I doubled and tripled down on my assertion that job openings would get to 10 million in this... Read more »
Jobs data sends mortgage rates higher

As the Fed plays waiting game to cut rates, housing pros lean toward incoming economic data 

One of the biggest takeaways from the Wednesday press conference held by Federal Reserve Chair Jerome Powell is that the central bank isn’t likely to cut interest rates in March as investors... Read more »
0M Data Center Slated for AllianceTexas

$220M Data Center Slated for AllianceTexas

QTS Data Centers plans to build a second data center adjacent to its first one near the AllianceTexas development. The 471,000-square-foot, $220 million project is just east of Interstate 35W.Construction is scheduled... Read more »
Jobs data sends mortgage rates higher

REcolorado partners with four other MLSs on data sharing agreement

Agents and brokers in Colorado will soon be able to view listings and share their own listings, with real estate professionals in four other metro areas. REcolorado, the state’s largest multiple listing... Read more »
Inflation data still pointing toward rate cuts in 2024

Inflation data still pointing toward rate cuts in 2024

Inflation came in hotter than expected on Thursday, but we are still talking about rate cuts in 2024! The 10-year yield had a mild reaction to today’s data, increasing a few basis points... Read more »
First American says system has been restored; perpetrator stole data

First American says system has been restored; perpetrator stole data

More than a week after it shut down systems to combat a cybersecurity incident, title insurance giant First American Financial says it has restored some key systems and “contained the threat.” Though... Read more »
Hackers accessed data of 1.3M customers in Fidelity cyberattack

Hackers accessed data of 1.3M customers in Fidelity cyberattack

Mortgage subservicer Loancare informed authorities that the data of about 1.3 million customers was compromised following a cyberattack in November on its parent company, the big four title firm Fidelity National Financial (FNF). This data includes... Read more »
Mr. Cooper confirms personal data compromised in cyberattack

Mr. Cooper confirms personal data compromised in cyberattack

Mr. Cooper Group’s examination of the cyberattack it suffered in late October concluded that the personal information of current and former customers was compromised. The data breach led the company to estimate an... Read more »