Mortgage applications fell last week as rising Treasury yields pushed mortgage rates to their highest level in nearly two months, dampening demand for home purchases, according to data released Wednesday by the Mortgage Bankers Association. Total application volume decreased 2.3% on a seasonally adjusted basis for the week ending May 15. On an unadjusted basis,…
All Posts in "Real Estate News" Category
Category archive page
Even as interest rates rose at a record setting rate and the pace of existing home sales continued to slide, Los Angeles-based Equity Union Real Estate continued to grow. Between 2021 and 2025, Equity Union Real Estate recorded 239% transaction side percentage growth, earning the firm the top-spot in the 2026 RealTrends Verified GameChanger rankings,…
For years, the housing industry has treated inventory levels as one of the clearest signals of market strength. Historically, tight supply often coincided with stronger pricing power, elevated buyer competition and faster-moving transactions. But in today’s higher-rate environment, low inventory can also reflect something very different: constrained seller participation, affordability pressure and homeowners unwilling to…
Mortgage quality control defects declined sharply in the fourth quarter of 2025, even as lenders continued to grapple with a rise in eligibility-related issues tied to affordability pressures and increased refinance activity, according to a new report released Wednesday by ACES Quality Management. In its quarterly Mortgage QC Industry Trends Report, the company found that…