Posts by John Yellig

Housing starts slow in October but remain elevated 

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of...

MBA: Mortgage applications rebound on lower rates 

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association...

NAR names Utah Realtor as 2023 president 

The appointment was one of many leadership announcements the National Association of REALTORS® made at its annual convention in Orlando,...

Residential Real Estate Council hires new CEO 

The new chief executive previously served as CEO of the Women's Council of...

CoreLogic: September brings fifth consecutive monthly slowdown in home-price growth 

Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September...

PulteGroup COO to retire next year 

The Atlanta-based homebuilding giant will replace the outgoing executive with its senior vice president for field...

NAR: Pending-home sales drop 10.2% in September 

September is the fourth month in a row to see declining sales...

Mortgage rates top 7% for first time since 2002 

A 30-year fixed-rate mortgage rose to 7.08% this week from 6.94% a week ago, Freddie Mac reported. A year ago, the average mortgage carried a 3.14%...

New-home sales resume downward trajectory in September 

Mortgage rates continued to weigh on homebuyers in September, following a brief uptick in new-home sales in August....

MBA: Mortgage applications fall as 30-year fixed hits 21-year high

At the same time, mortgage applications declined 1.7% on a seasonally adjusted basis on a week-over-week basis, according to the Mortgage Bankers...

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