The Mortgage Bankers Association’s (MBA) Builder Application Survey (BAS) data for October 2021 shows mortgage applications for new home purchases decreased 15.2% compared from a year ago. Compared to September 2021, applications increased by 6%. This change does not include any adjustment for typical seasonal patterns.
“Applications for new home purchases in October were down 15 percent from a year ago, but activity was 6 percent higher than in September,” explains Joel Kan, MBA’s
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).
