The single-family home has been the main driver of wealth building among the middle class and that ideology has affected policy in one way or another in seeming ...
Read More »Cause and Effect: Home Values Up; Negative Equity Down
CoreLogic’s latest report covering aspects of the first quarter of the year is the Homeowner Equity Report which showed that U.S. homeowners with mortgages have seen their equity ...
Read More »Mortgage Rates on the Rise, But Relief on the Horizon
Freddie Mac reports that a decline in purchase activity, combined with increased inventory, will slow home price growth nationwide and give way to much-needed relief for prospective buyers.
Read More »Mortgage Lending Plummets Nationwide in Q1
ATTOM released its Q1 2022 U.S. Residential Property Mortgage Origination Report, with data showing that 2.71 million mortgages secured by residential property were originated in Q1 of 2022 ...
Read More »Is a Housing Bubble Pending? Survey Says…
As the market continues to hit record marks nearly unabated over the last few months, the topic of bubbles is being brought up around watercoolers and coffee machines ...
Read More »Home and Rental Prices Climb in Vacation Hotspots
As remote work prompted many Americans to relocate during the pandemic, housing costs soared in second-home hotspots even more than the rest of the country, according to a ...
Read More »Mortgage Application Volume Falls to 22-Year Low
The MBA reports overall mortgage app volume slid 6.5% week-over-week, with buyers continuing to be shunned by a combo of high rates and prices, amid slowly rising inventory.
Read More »Open Banking Data Pushes Mortgage Underwriting Into Digital Age
Examining the evolution of mortgage underwriting and how Freddie Mac Loan Product Advisor acceptance of direct deposit data can enable digitization through open banking.  Â
Read More »New Home Purchase Apps Drop Nearly 11% in April
As builders continued to face rising costs, supply-chain issues, and extended completion times, the buying market has cooled amid high mortgage rates and lingering affordability concerns.
Read More »How Does a Home Sale Affect Your Local Economy?
The foundation of wealth-building throughout the country for the masses remains firmly entrenched in real estate. A first-class asset, real estate now represents 17% of the country’s GDP ...
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