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Legal / Real Estate / Technology

Real Estate Documents Trickle In as Pulaski County Recovers From Computer FailureLock Icon

A computer failure delayed the recording of real estate documents in Pulaski County, with about 402 documents from January still pending, but the process has resumed, mixing backlogged and current filings. read more >
Banking & Finance / Real Estate

Pete Boomer Joins Arvest as President & CEO of Mortgage Division

He follows Matt Kendall, who retired in April after more than 30 years with Arvest. read more >
Banking & Finance / Construction / Industry

Tough Sell: Mortgage Lenders Report Another Down Year in 2023

Arvest Bank was again the state’s most prolific lender with nearly $810 million in loans originating in Arkansas in 2023. read more >
Banking & Finance / Real Estate

Fewer Apply for Home Loans as Borrowing Costs, Rising Prices Shut Out Prospective Homebuyers

An index that tracks mortgage application volume shows applications for loans to buy a home fell last week to the lowest level in 28 years, according read more >
Banking & Finance / Legal / Real Estate

‘Zombie Debt’: Homeowners Face Foreclosure on Old Mortgages

Some homeowners believed their second loans were rolled in with their first mortgage payments or forgiven. Now they're being told the loans weren't dead after all. read more >
Banking & Finance / Real Estate

Average Long-Term US Mortgage Rates Bounce Back Up to 5.51%

One year ago the average 30-year rate was 2.88%. read more >
The Federal Reserve Bank in Washington, D.C.
Banking & Finance / Investments / Manufacturing

How Higher Fed Rates Stand to Affect Americans’ Finances

Answers to questions about mortgage rates, auto loans, credit card rates and more. read more >
Banking & Finance / Real Estate

Long-Term US Mortgage Rates Edge Down This Week to 5.1%

It's the first decline in two months. read more >
Construction / Real Estate

Homebuyers Stymied by Fewer Homes, High Prices, Rising Rates

The U.S. market has grown increasingly frenzied and out-of-reach, especially for first-time buyers. read more >
Banking & Finance / Real Estate

Long-Term Mortgage Rates Rise Again; 30-year Breaches 4.5%

Rates are expected to continue climbing. read more >
Banking & Finance / Real Estate

Long-Term US Mortgage Rates Fall This Week to 3.76%

Rates remain at historically low levels as the Fed prepares to raise its main borrowing rate. read more >
Banking & Finance / Real Estate

Long-Term US Mortgage Rates Hit 3.92%, Highest Since 2019

As rates and house prices rise, affordability has become a substantial hurdle for potential homebuyers. read more >
Banking & Finance / Real Estate

Long-Term US Mortgage Rates Hold This Week at 3.55%

Though they remain historically low, home loan rates have been rising. read more >
Real Estate

US Average Long-Term Mortgage Rates Rise; 30-year at 3.22%

Rates are at their highest level since May 2020 but remained historically low. read more >
Banking & Finance / Real Estate

Red-Hot Housing Market to Fuel Record Borrowing in ’22

The value of for-purchase home loans is expected to climb to a new high of $1.74 trillion. read more >
Banking & Finance / Government & Politics / Legal

FDIC Fines Bank of England Nearly $130K for ‘Deceptive’ Loan Claims

The Arkansas-based mortgage lender waived its right to a hearing on the matter. read more >
Scott McElmurry
Real Estate / Small Business

Mortgages and the Self-Employed (Scott McElmurry Commentary)

Financial independence — the knowledge that you, not a corporation, control your economic destiny — is an empowering feeling and a huge motivating factor for people who become self-employed. read more >