According to a recent survey of 3,300 renters on RentCafé, as many as 78% said they were interested in living in a community of single-family homes. The survey ...
Read More »Mortgage Rates Climb for the Second Consecutive Week
After weeks of hovering just above the 3% mark, mortgage rates changed course for the second straight week, reaching highs last seen prior to the pandemic.
Read More »Millennial Demand Continues to Fuel Housing Market
First American Chief Economist Mark Fleming discusses the strengths of the housing market, and the heightened millennial demand fueled by low rates.
Read More »Open Mortgage Fills Newly Created Position
Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of homeownership, has named seasoned mortgage leader Scott Harkless to the newly-created position of Chief Revenue Officer. Harkless will report directly ...
Read More »Mortgage Apps Rise, as Affordability Concerns Linger
A rise in rates over the last week did not stop the charge of conventional purchase applications, as prospective buyers locked in rate before even more drastic increases.
Read More »Senior Home Wealth Grew by Billions in Q3
In the third quarter of 2021, senior citizens collectively gained $396.1 billion in equity, a 3.7% rise.
Read More »Home Equity Rate Forecast for 2022
The Federal Reserve has already signaled that rising rates are on the horizon for 2022, but Bankrate has released a new forecast predicting that rates will be adjusted at least twice this ...
Read More »Investor Impact: Record Rent Price Growth for Single-Family Homes
CoreLogic released its latest Single-Family Rent Index, which analyzes single-family rent price changes nationally and across major metro areas. November 2021 data shows a national rent increase of 11.5% ...
Read More »Townhomes Named Most Competitive Property Type
Remote work, low mortgage rates, and ongoing housing shortages are fueling bidding wars as buyers write up multiple offers while house hunting.
Read More »The Midwest: Where Saving for a Down Payment is Easiest
Saving for a down payment is one of the most important steps in the homebuying process. But as the average home price eclipses $380,000, the amount buyers need to save up ...
Read More »