The Federal Reserve has consistently been obscure in the details surrounding its monetary policy decisions, and the Federal Open Market Committee was abundantly clear on just how unsure they are about the future in regards to their recent decision to leave rates at their current level.
Read More »Housing Starts Slip Again, but is There a Silver Lining?
Housing starts declined for the second consecutive month in January, despite industry forecasts that they would recover from the previous month's decrease.
Read More »Millennials Prefer HELOCs for Home Renovation Projects
Rising property values are making more homeowners more optimistic about renovating their homes, and Millennial homeowners in particular favor using HELOCs to help them finance their designs, a new study by TD Bank showed.
Read More »Will the Fed Adopt Negative Rates?
While a few foreign central banks have already implemented negative policy rates due to economic turmoil, many in the housing industry are wondering if the U.S. is next.
Read More »Top 10 Cities Where Agents Will Thrive in Real Estate
Real estate agents that position themselves in the right location have the potential to establish a lasting career in a hot housing market that presents plenty of job opportunities and competition.
Read More »Hillary Clinton Rolls Out $25 Billion Housing Reform Plan
Housing policy has been a muted subject among all of the presidential candidates throughout their speeches, debates, and plans for the U.S., but one presidential hopeful has finally broke the silence.
Read More »Builder Confidence Shaken by Cost and Availability of Lots and Labor
Builder confidence in the market for newly-built single-family homes dropped this month due to rising costs and availability of lots and labor. Read on see what economists say this will mean for the housing market going forward.
Read More »Is the State of the Economy as Bad as it Seems?
Employment numbers are disappointing, inflation remains off target, stocks are volatile, and the overall housing market is running at a slower pace, but William Dudley, President and CEO of the Federal Reserve Bank of New York says things may be better than the current picture shows.
Read More »Behind the Curtain of Today’s Top Credit Unions
Although it may seem like large lenders are the only ones that are on top of their game, there is another group of institutions that are making their mark in the industry. Editor's note: This select print feature appears in the February 2016 edition of MReport magazine, available now.
Read More »Why a New Credit Scoring System Will Open Mortgage Opportunities for First-Time Buyers
The H.R. 4211 bill, or the “Credit Score Competition Act of 2015,” would allow Fannie Mae and Freddie Mac to consider alternative credit-scoring models instead of just the FICO model, which would provide homebuying options for many consumers whose credit does not meet the current standards.
Read More »