Mortgage Demand Declines but Builders Are Becoming More Confident

The future for home sales brightened in February, according to a builders’ trade group. Yet new mortgage data show the path might be choppy. Home builder sentiment improved in February, the National Association of Home Builders said Wednesday. This month’s reading, the second consecutive increase following a full year of declines, brought the index to […]

Mortgage Coach and Sales Boomerang unify, launch “TrustEngine” platform

Roughly a year after Mortgage Coach and Sales Boomerang were acquired by a private equity firm, they’ve merged their services onto one platform and rebranded to “TrustEngine.” The company unification and new platform come as mortgage origination volume falters and lenders struggle to stay afloat in a high mortgage rate environment. The TrustEngine Borrower Intelligence Platform, as the platform is called, wraps around the entire […]

CPI report revealed inflated cost of housing. What that means for rent, mortgages

Ever-increasing housing costs are not only straining budgets – they also are the biggest contributor to the nation’s bump in inflation, according to a report released Tuesday by the Bureau of Labor Statistics. The consumer-price index, a widely used measure of inflation, moderated to 6.4% in January from a year earlier and down from 6.5% in […]