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In a sign that the housing market is now slowing, builder confidence took a steep drop in May, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), released this week.
Builder confidence in the market for newly built single-family homes fell eight points to 69 in May, and this is the fifth straight month that builder sentiment has declined and the lowest reading since June 2020, according to the report.
When it comes to getting a mortgage, comparing lenders and shopping around can get you the best rates, but a recent survey by LendingTree shows most people are not doing that.
The company recently surveyed more than 1,000 homeowners to find out why some compare and save, while others believe they got the best rate without seeing competing loan estimates.
Here’s are the key findings from the survey:
Updater has announced a $215 million investment from Vista Credit Partners (VCP), a credit and financing partner focused on the enterprise software, data and technology markets.
The investment will provide Updater with growth capital to fund extensive R&D, launch products into new markets, develop additional features for users and invest substantially in talent to support Updater’s continued growth.