Home prices reach post-recovery high: Black Knight

Home prices reach post-recovery high: Black Knight

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According to the most recent Home Price Index (HPI) report from Black Knight, Inc., home prices in December increased .10 percent month-over-month and 6.6 percent year-over-year to $283,000 – the 68th consecutive month of annual home price appreciation, and a new peak for six of the nation’s 20 largest states and 11 of the 40 largest metros.

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Construction loan closing times drop after tech update: Ellie Mae The faster you can close on a loan, the lower your mortgage rate can be.. Ellie Mae breaks out average closing times by loan type:. Despite technological improvements, banks just can't keep up with demand. Read This February 21, 2019 – 9 min read 6 low or no down payment mortgage options for.

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How B of A streamlined its digital mortgage Homes for sale are remaining on market longer: Zillow Private startups could be targets for public mortgage tech firms Toronto housing continues slowdown with August price drop “Lack of affordable inventory is one of the main culprits of this summer’s slowdown.” Sales for the June-through-August. housing market, had the biggest decline. transactions there were off 10.9.Softening demand is keeping U.S. homes on the market longer and homeowners appear to be thinking twice about listing their properties, according to data firm Zillow’s Real estate market report.rising rates now affecting purchase mortgage application activity Ted Tozer is joining PennyMac’s board Nancy Corsiglia will join Ginnie Mae as executive vice president and Chief Operating Officer, reporting to President Ted Tozer, as announced Monday by the company. corsiglia replaces mary Kinney.The Upside of Rising Interest Rates. While a mortgage rate hike could make owning a home more expensive, rising rates can be beneficial to some homebuyers. There’s no direct relationship between mortgage rates and home prices. But when interest rates increase, home sales can fall.

Seattle-area home prices surge to new high .. Black Knight Financial Services reported Seattle and Walla Walla were tied for the top metro area in the country for home price increases. The.

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