Sellers are giving pricing ground to homebuyers this summer but not all in the same way. Processing Content A new Movoto analysis of active listing data pulled on July 14 found that 35.4% of homes across 17 major metros were now being offered below their original asking price. In the Florida cities of Fort Lauderdale […]
Price cuts spreading across housing markets this summer Read More »
For the first time in six weeks, the 30-year fixed rate mortgage declined, but it is still 9 basis points above one year ago at this time and 69 basis points over February’s low point, the Freddie Mac Primary Mortgage Market Survey reported. Processing Content The 30-year FRM averaged 6.67% on Aug. 13, down from
Mortgage rates fall, but limited relief for rest of year Read More »
Figure Technology Solutions is on a hot streak with another profitable quarter, surpassing Wall Street expectations. Processing Content The fintech posted an $87 million profit for the second quarter, its strongest-ever quarterly mark, which beat a Standard & Poor’s consensus estimate of $58 million. Since going public last September, Figure has consistently posted positive earnings
Figure’s hot streak persists as loan marketplace volume soars Read More »