Overall mortgage application volume declined week-over-week, as the pool of borrowers left are losing the incentive to refinance.
Read More »Policy Changes May Help Alleviate Disparities in Renting
The share of renter households headed by a person of color is almost twice that of homeowner households. Click through to learn other insights from a recent industry report.
Read More »Rents on the Rise: What Does 2022 Hold?
The streak continues: as affordability concerns begin to price some buyers out of the purchase market, the latest data from the rental market shows that tenants are experiencing double-digit rent hikes as well. According to Realtor.com’s year-end ...
Read More »Fed Holds Rates Steady
A strong economy and positive employment numbers factor into the Federal Reserve’s decision not to raise rates.
Read More »Technology Helps Match Buyers With Their Dream Home
According to the National Association of Realtors, up to 95% of buyers now use the internet at some point during their search process.
Read More »Rising Home Prices Further Curtailed Affordability in Fall
More than half of the 20 markets reported by S&P CoreLogic Case-Shiller experienced increased price growth in November, particularly in the nation’s warmer markets.
Read More »Freddie Mac: Despite Rate Hike, Housing Market Stability Ahead?
Home purchase mortgage originations are anticipated to grow from $1.9 trillion in 2021 to $2.1 trillion in 2022, and $2.2 trillion in 2023, according to a new Freddie Mac forecast.
Read More »Fannie Mae Examines Appraisal Inequality
In breaking down 1.8 million appraisals over 2019-2020, the GSE investigates divergent appraisal values among Black and white borrowers.
Read More »The Average Home Now Costs More Than $475k
Lack of sufficient inventory combined with inflation and the threat of rising interest rates continue to put pressure on the market.
Read More »Mortgage Rates Climb for the Second Consecutive Week
After weeks of hovering just above the 3% mark, mortgage rates changed course for the second straight week, reaching highs last seen prior to the pandemic.
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