ATTOM has released its Q2 2022 U.S. Home Equity & Underwater Report, which shows that 48.1% of mortgaged residential properties in the U.S. were considered equity-rich in Q2, ...
Read More »Mortgage Rates Fall to Four-Month Low
A market reset may be underway, as fixed-rate mortgages fell just below 5% for the first time since April 7, continuing a trend of instability amid inflationary pressures and a slowdown in economic growth.
Read More »Veros Acquires Appraisal Company Valligent
Today, Veros Software, the parent company of Veros Real Estate Solutions, an industry leader in enterprise risk management and collateral valuation services, announced the acquisition of Valligent, a ...
Read More »Price Per Square Foot Hits $169
The average price per square foot of a home hit a new record in July as a new study revealed that these prices have increased 310% since 1980. According ...
Read More »Contract Volume, New Listing Volume Experiences Largest Off-Seasonal Decrease
HouseCanary, Inc. has released its latest Market Pulse report, covering 22 listing-derived metrics and comparing data between July 2021 and July 2022. The Market Pulse is an ongoing ...
Read More »One-Third of Declined Mortgage Applicants Eligible for DPA Programs
A recent analysis of HMDA data found that 33% of declined mortgage applications could have been made eligible with the assistance of downpayment assistance programs.
Read More »Mortgage Apps End Four-Week Slide
The MBA reported mortgage application volume rose 1.2% this week, reversing course after the Fed rate hike announcement, and rising after a month-long decline.
Read More »Committee on Financial Services Addresses Urgent Housing Needs
Today, the House Financial Services Committee, led by Chairwoman Maxine Waters (D-CA), passed eight bills to strengthen oversight of our nation’s affordable housing and address the housing and homeless ...
Read More »Retirement-Aged Homeowners Least Likely to Utilize Equity
Finance of America Reverse LLC (FAR) announced the publication of its first-ever Home Equity Punch List. FAR commissioned The Harris Poll to survey 2,000 U.S. homeowners 18 and ...
Read More »Record-Breaking Home Price Growth Now; Return to Normal Next Year?
The latest Home Price Index (HPI) from CoreLogic covering June 2022 set a new milestone: it has now seen a record 125 consecutive months of year-over-year increases as ...
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