Author name: Ricky Vasquez

Housing market approaching equilibrium: HouseCanary

The nation’s housing market is settling into a “more sustainable equilibrium,” according to real estate analytics firm HouseCanary.  Processing Content More homes nationwide went under contract in April compared to the same time last year, while the median closing price was up over 5% in the same timeframe, the firm reported this month. Inventory growth, […]

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Mortgage credit availability drops for first time this year

Mortgage credit availability decreased in April, even though rates fell in three consecutive weeks during the month. Processing Content The Mortgage Bankers Association’s Mortgage Credit Availability Index declined 0.4% to 107.9 in April, it reported Tuesday. The index reached 108.3 in March after a 1.1% gain, the highest mark since August 2022. “After three months

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Figure drops hints of future mortgage product

Figure Technology Solutions reported a profitable start to 2026, driven by new partnerships on its blockchain-backed loan and capital marketplace, and signaled a potential future mortgage offering. Processing Content The New York-based fintech reported net income of $45 million in the first quarter, almost tripling its gain from $15.1 million three months earlier. The latest

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