The availability of mortgage credit to borrowers declined slightly in the second quarter of 2015, despite impactful federal efforts to expand the credit box.
Read More »Refinances Decline in August Following a Three-Month Rise in Rates
Refinances appear to be cooling off after volume levels decreased in August, while mortgage rates rose for three consecutive months through July, according to the Federal Housing Finance Agency's August 2015 Refinance Report.
Read More »Fed Governor Brainard Urges Restraint From the Fed on Rates
Federal Reserve Board Governor Lael Brainard warned against visceral reactions, such as pushes in the marketplace for an increase in interest rates, given the economy’s fragile growth, while speaking at the 57th National Association for Business Economics Annual Meeting in Washington, D.C., on Tuesday.
Read More »Homeowners Continue to Overvalue Homes for Eighth Consecutive Month
Homeowners continued to overvalue their homes for the eighth consecutive month in September, while appraiser opinions came in 2 percent lower than owner's perceptions, according to Quicken Loans national Home Price Perception Index.
Read More »SFR Space Experiences Sustainable Growth From Confluence of Factors
A confluence of factors has created the "perfect storm" for sustained growth in the single-family rental market, according to one expert in the Securities Lab of the Inaugural Five Star Institute Single-Family Rental Summit on Monday, October 12, in Las Vegas.
Read More »Single-Family Rental Market: Viable or Dying Out?
One of the hot topics on Monday at a panel discussion at the Five Star Institute's Inaugural Single-Family Rental Summit was whether or not the SFR market has the longevity to survive or if it's going to die out.
Read More »Survey Finds Consumers Do Not Bargain Hunt for Mortgage Loans
Although the majority of Americans consider themselves bargain hunters when shopping for various items or services, less than one-third of these consumers do not shop around for better prices when searching for a mortgage loan.
Read More »FOMC Minutes Show Interest Rate Hike Delayed Due to Global Economic Woes
The minutes from the Federal Open Market Committee September meeting showed that the Fed's concern mostly lingers around global economic troubles, but they still intend to raise rates before the end of 2015.
Read More »Interest Rates Continue to Drop Following Disappointing Jobs Report
Mortgage interest rates fell to 3.76 percent for the week ending October 8, 2015, after a weak September jobs report.
Read More »Home Prices Not Sole Factor in Determining Affordability
Home prices are not the only determining factor when looking at affordable living options. In fact, markets with cheapest homes are not necessarily always the most affordable.
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