Home price index drops in June as inventory skyrockets: First American

The rising supply of homes for sale has yet to put a serious dent in affordability concerns, but it might be starting to.That’s according to First American’s monthly Real House Price Index, which shows a national price decline of 1.3% from May to June. The index measures nominal home prices and adju
Read MoreMontana’s housing market experiences a summer cooldown

Warmer summer weather has brought cooler housing market conditions to Montana.“The market right now just feels like it’s a bit lukewarm,” said Brian Huskey, a Billings, Montana-based ERA American Real Estate agent. “There is still moderated demand from buyers, but there are a lot of people just sitt
Read MoreloanDepot, Movement Mortgage file motion to dismiss poaching lawsuit

Mortgage lenders loanDepot and Movement Mortgage have agreed to end a one-year dispute over the poaching of employees, according to a document filed Friday in a district court in Delaware. In June 2023, California-based loanDepot accused its competitor of damaging its business by hiring more than 2
Read MoreYour roadmap to the ever-evolving landscape of mortgage regulations

The mortgage world is fast-paced and constantly evolving, driven by shifts in laws and economic conditions. Both lenders and borrowers need to grasp these changes to skillfully move through the maze of mortgage regulations. This guide will walk you through the need-to-knows, helping you thrive in to
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