Home Prices Grow by 6.6% Despite High Mortgage Rates in 2023

Home Prices Grow by 6.6% Despite High Mortgage Rates in 2023

In a surprising turn of events, housing prices have experienced a remarkable surge of 6.6% since January, defying the odds posed by escalating mortgage rates. This upward trajectory, highlighted by the S&P... Read more »
UWM’s profits grow in Q3 as margins improve, volumes decline

UWM’s profits grow in Q3 as margins improve, volumes decline

UWM Holdings Corporation, the parent of United Wholesale Mortgage (UWM), produced lower mortgage origination volume in the third quarter of 2023 than the previous quarter – and more declines are expected to come. But... Read more »
Will home sales finally start to grow? Data shows glimmers ahead

Will home sales finally start to grow? Data shows glimmers ahead

We may be nearing the bottom in home sales even if mortgage rates don’t decline. As a result, there may be a light at the end of the tunnel in this crazy... Read more »