A potential buyer with a budget of $3,000 per month for their payments is now able to afford an approximately $453,000 home. https://www.nationalmortgagenews.com/news/buyers-can-now-afford-40k-more-house-redfin-finds
NextGenMortgage
Homebuilder Toll Brothers hits record with strong demand outlook
Since mid-January, "we have seen a meaningful uptick in demand that has continued through this past weekend," Toll Brothers Chief Executive Officer Doug Yearley said in an earnings call Wednesday....
Academy Mortgage accused of dragging feet in data breach alert
A little over 280,000 customers had their birth dates and Social Security numbers compromised during the cyber attack. https://www.nationalmortgagenews.com/news/academy-mortgage-blamed-for-dragging-its-feet-on-hack-alert
Fairway exits wholesale channel
The company, and Rocket, had been targets of United Wholesale Mortgage's All-In campaign, which punished independent brokers who did business with the UWM rivals. https://www.nationalmortgagenews.com/news/fairway-exits-wholesale-channel
Keller Williams’ move brings broker fee cases near end
It's possible that the remaining litigation could be resolved by mid-year, wrote Keefe, Bruyette and Woods analyst Ryan Tomasello https://www.nationalmortgagenews.com/news/keller-williams-move-brings-broker-fee-cases-near-end