Title Resources Group Welcomes New Regional Manager
May 07 2026 | |
Title Resources Group, one of the nation's leading title insurance underwriters, is pleased to welcome Jalila Dado as Regional Sales Manager for the Midwest. In this role, Jalila will lead business development efforts for TRG across Michigan, Minnesota and Wisconsin, supporting title agents through strategic growth initiatives, education and consultative partnership.
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Mortgage Applications Decrease in Latest MBA Weekly Survey
May 06 2026 | |
“The ongoing conflict in the Middle East continues to push rates higher. Mortgage rates last week increased to their highest level in a month, with the 30-year fixed rate rising to 6.45 percent,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “As expected, elevated rates and shrinking refinance incentives continued to weigh on activity, with refinance applications declining again from the prior week – most notably for conventional and VA loans. The refinance share of applications was the lowest since August 2025.”
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NAHB Debuts New Resource That Estimates Quarterly Remodeling Spending by State
May 05 2026 | |
Based on a proprietary model developed by NAHB, the SPR on a quarterly basis provides a state-level estimation of the market share and total dollar value of remodeling spending. The SPR is a statistical model designed to use national quarterly improvement spending data and estimate remodeling market share by state using multiple indicators and NAHB’s annual state remodeling forecast.
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Home Prices Increased in 71% of Metro Areas in First Quarter of 2026
May 05 2026 | |
“Home prices continued to increase in many markets, boosting housing wealth for most homeowners,” said NAR Chief Economist Dr. Lawrence Yun. “Gains were particularly solid across metro areas in the Northeast, where inventory shortages persist, and in the Midwest, where home prices remain relatively affordable. However, the expensive West region did not see an increase in sales.”
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New Home Sales Rise, Supported by Limited Existing Inventory
May 05 2026 | |
“An uptick in new home sales reflects improving demand conditions, supported by a modest pullback in mortgage rates and ongoing supply constraints in the existing home market,” said NAHB Chairman Bill Owens, a home builder and remodeler from Worthington, Ohio. “Builders are gradually increasing production, but elevated construction costs and labor shortages continue to limit the pace of expansion.”
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Remodeling Sector Sees Solid Growth as NAHB Kicks Off National Home Remodeling Month
May 04 2026 | |
“Remodeling companies are less affected by the rise and fall of mortgage rates compared to home building companies, so the remodeling industry has continued to grow despite a series of Federal Reserve rate hikes that have driven up the cost of buying a new home and hindered new construction,” said NAHB Remodelers Chair Elliott Pike, a remodeler from Homewood, Ala.
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