Home prices kept climbing at a brisk pace in March: First American

U.S. home prices grew by 0.9% from February to March, according to First American Data & Analytics’ national house price index released Tuesday. This growth trajectory follows a revised upward figure of 1% price growth from January to February, and prices are now 52% higher than pre-pandemic levels
Read MoreCalifornia home sales sink in March

The spring home-buying season got off to a slow start in California, where sales of single-family homes declined from February to March, according to a report released Wednesday by the California Association of Realtors (CAR).The organization reported that the state’s seasonally adjusted annualized
Read MoreProposal would allow Freddie Mac to acquire closed-end second mortgages

The Federal Housing Finance Agency (FHFA) this week announced a new product proposal for government-sponsored enterprise (GSE) Freddie Mac that would allow the agency to purchase certain single-family, closed-end second mortgages. This would offer borrowers an alternative way to access their home eq
Read MoreCapital Fundings partners with Privy

Capital Fundings, a Florida-based private mortgage lender, has partnered with real estate investment platform Privy, the companies announced on Tuesday. The collaboration will allow Capital Fundings’ borrowers to receive personalized investor insights.“Capital Fundings is thrilled to embark on this
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