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54% of homes sold above their listing price in May — another a record high, up from 26% a year ago, according to a new report from Redfin.

Our #2021Insiders  nominations are now open and we’re searching for some MVP’s — those who are essential to your company’s success! If you know someone in the housing industry who exceeds expectations, nominate them today.

The FHFA still wants to beef up its capital reserves and end conservatorship, but don’t count on that happening anytime soon.

Have you heard of our #2021Insiders  award program? We are looking to honor those who are the key to your company’s success. We would love your input, nominate an MVP here!

Mortgage applications for new home sales fell 9% month-over-month in May at a seasonally unadjusted pace ― the second consecutive month sales of new homes have dropped, according to Thursday data from the MBA.

With uncertain delivery of materials and high demand, Lennar is “Choosing to sell homes later in the construction cycle to increase margins,” said co-CEO Rick Beckwitt.

Only 2.7% of all home sales in the first quarter of 2021 were flipped — or one in 37 transactions, the lowest level since 2000.

We’re closing out the second week of #2021Insiders  nominations and we like what we see… keep them coming! (

We’re recognizing the all-stars moving the mortgage industry forward, nominate an Insider (or a few) before it’s too late! #2021Insiders 


BREAKING: The average rate for a 30-year fixed mortgage was 3.13%, down from 3.21% last week, Freddie Mac says.

BREAKING: Mortgage rates fall to another all-time low. 30-year fixed loan now 5 basis points below the original record set in September.

BREAKING: Bank of America will allow borrowers to pause their mortgage payments

BREAKING: HUD declares FHA once again backing DACA mortgages.

A recent Redfin study suggests the market’s homebuying demand may be nearing a peak, with purchase applications and pending sales finally decreasing.

30-year fixed rate reached 3.23% – the largest single-week increase in almost a year.

Home prices soared in the U.S. to a median $356,000 in March 2021, up 18% year over year. And homes on average sold in just 21 days.

J.P. Morgan and Morgan Stanley will guide the GSEs as they end conservatorship.