Mortgage applications decreased 13.1% from one week earlier, according to data from the Mortgage Bankers Association‘s (MBA) Weekly Mortgage Applications Survey for the week ending February 18, 2022. On an unadjusted basis, the Market Composite Index decreased 11% compared with the previous week.
The Refinance Index decreased 16% from the previous week and was 56% lower than the same week one year ago. The seasonally adjusted Purchase Index decreased 10% from one week earlier.
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
