Mortgage rates hit their highest mark since August 2020 this week, but home shoppers continue to take advantage of record-low rates as the U.S. economy slowly comes back to life.
Read More »JPMorgan Chase Invests in Liberty Bank
The investment also provides connections to institutional investors, support for Black-led commercial projects, and mentorship opportunities for communities of color.
Read More »Powell: Economic Recovery Remains Uneven, Incomplete, Uncertain
The Chairman of the Federal Reserve testified that, among other things, the Fed will keep interest rates near zero.
Read More »Garden State Homeowners Face Heaviest Property-Tax Burden
A report finds residents of New Jersey pay nearly nine times more in taxes than the lowest-taxed state in the nation, Hawaii.
Read More »Homebuying Power Outpaces Price Appreciation
Home prices are rising fast, but several housing markets remain undervalued, as buying power continues to exceed median sale prices nationally.
Read More »What Might Widespread Vaccination Mean for Housing’s Supply Shortage?
Increased immunity might mean an injection of inventory into the market, but other factors could contribute to the already strong demand, economists expect.
Read More »Eye on the Industry: Accolades for Innovation, Collaboration
Companies including Blue Sage Solutions, a360inc, and Top of Mind Networks have announced new partnerships, introduced new business strategies, and celebrated milestones.
Read More »Rates, Supply Shortage Drives Home-Price Surge
Home-price data reflect the well-established notion that 2020 was an unprecedented year, and a historic level of growth reveals the housing market is no exception.
Read More »Agents Share Key Bidding-War Strategies
As bidding wars rage nationwide over the scant housing supply, real estate agents weigh in with some tactics to help both buyers and sellers win the war.
Read More »FHA Extends Flexibilities for Lenders
A newly announced extension is part of the administration’s effort to maintain new mortgage originations and allow 203(k)-funded rehabilitation projects to continue, even throughout the COVID-19 pandemic.
Read More »