Migration

A new LendingTree survey revealed how homebuyers who negotiate a lower APR could greatly impact how much they pay over the lifetime of their mortgage, with 39% of respondents saying they negotiated the initial APR or refinance rate on their most recent home purchase, while 63% report negotiating the purchase price.

The MBA reports that mortgage credit availability fell for the third straight month in May, dropping to levels last recorded in January 2013.

The latest “Preparing to Sell” report from Curbio revealed that 43% of home sellers don't think they need to update their house before listing, but new data found that homebuyers want move-in-ready homes. Click through to read what else the study found.

According to Zillow's May 2023 Market Report, newly pending listings are up nearly 10% from April, as homebuying competition is driving home prices up and housing inventory down to record lows for this time of year.

The U.S. Department of Housing and Urban Development launched a new homeless initiative which will partner with local communities, service providers, and directly affected young people to address barriers to housing and shelter access for LGBTQI+ youth.

According to a new report from Redfin, asking rents fell just 2% in the West but rose 5% in the Northeast and Midwest as supply increased and rents began to cool nationwide.

Nearly 1 in 4 homeowners can’t cover a $1,000 home repair emergency in 2023, according to a new survey from All Star Home, leaving many homeowners turning to social media for hacks to try and tackle the issues themselves.

In our June MortgagePoint cover story, experts discuss the importance of D&I strategies in the workforce, in business, and throughout the mortgage industry, highlighting the strategies utilized to promote equity in the U.S. housing system for renters and homeowners nationwide.

Despite the early-June underperformance, Redfin reports that home-tour numbers indicate pent-up demand that should translate into improved sales once mortgage rates drop.

According to Chase’s latest First-Time Homebuyer Study, new data revealed that confidence levels remain high among buyers, with 44% of respondents indicating they are confident they’ll be financially ready to purchase in the coming year.