Tim Whittier Named President Of First Home Mortgage

Tim Whittier has been named president of First Home Mortgage, the lender announced in a press release. “I am honored to step into the role of President at First Home Mortgage. Since joining the company, I have been impressed by our blend of extensive support, cutting-edge technology, vast resources, and the agility of a smaller organization,” he said. “I am committed to preserving our structure and swift decision-making processes, which have been key to our success. Open communication and collaboration are vital, and I am dedicated to fostering an environment where every voice is heard. I look forward to working closely with our clients, partners, and team members to achieve even greater heights.” Whittier, who began his career in 1992,…

Home Prices Soared To Another Record High In February

Annual home price appreciation continued its upward trend in February, accelerating on both an annual and monthly basis. Prices were up 6.4% YOY, an increase from January’s 6% gain and the fastest annual rate since November 2022, according to the S&P CoreLogic Case-Shiller National Home Price NSA Index.  Month-over-month data showed prices on an upswing for the first time since October 2024. The National Index, 20-City Composite, and the 10-City Composite registered gains of 0.6%, 0.9% and 1.0%, respectively. Monthly prices were cooling at the end of 2023 into 2024, but increased demand and still-tight inventory have turned that trend around. Home prices are now “at or near all-time highs,” according to Brian D. Luke, Head of Commodities, Real &…