Daily Dose

The average monthly cost to lease a house has shot up almost 10% nationwide, meaning more Americans might want to consider homeownership, economists say.

Redfin reports that the national median home price is up 16% year-over-year, with home sellers still very much in the driver's seat.

The Census Bureau and HUD have found new home sales slowing in July, rising slightly over June’s totals, and limited by multiple supply-side headwinds.

Company leaders say they intend to bring together complementary mortgage platforms to boost earnings power.

Rates below the 3% mark continue to feed the refi frenzy, as increases were found in both purchase apps and refinances over the previous week.

With the well-being of both property owners and tenants dependent upon the funds, the Treasury reports, "grantees need to do more to urgently accelerate efforts."

Analysts say stiffer competition, lower production volume, and a shift in purchase/refi activity led to lower revenues and higher expenses.

"You can’t buy what’s not for sale, even if your buying power says you can afford it,” notes First American Chief Economist Mark Fleming on the latest potential existing-home sales report.

This metric used to measure the nation's financial health has remained virtually unchanged for 130 years—can housing-finance policy make a difference?

EPM bolsters its executive team with new addition who will offer third-parties and consumers a better overall experience.