Rates below the 3% mark continue to feed the refi frenzy, as increases were found in both purchase apps and refinances over the previous week.
Read More »Rental-Aid Distribution Remains Slow
With the well-being of both property owners and tenants dependent upon the funds, the Treasury reports, "grantees need to do more to urgently accelerate efforts."
Read More »Independent Mortgage Bankers’ Quarterly Profits Dip
Analysts say stiffer competition, lower production volume, and a shift in purchase/refi activity led to lower revenues and higher expenses.
Read More »Existing-Home Sales Rise 1.3% Month-Over-Month in July
"You can’t buy what’s not for sale, even if your buying power says you can afford it,” notes First American Chief Economist Mark Fleming on the latest potential existing-home sales report.
Read More »Raising America’s Homeownership Rate
This metric used to measure the nation's financial health has remained virtually unchanged for 130 years—can housing-finance policy make a difference?
Read More »Existing-Home Sales Rise 2.0% in July
Rise in sales found in the luxury market, with first-time buyers still struggling to find affordable starter homes as options.
Read More »Weighing Risks, Rewards of Renting Out a Home
As the cost to lease exceeds average mortgage payments in 30+ metros, some homeowners investigate the potential benefit of becoming a landlord.
Read More »Homebuyers Consider 3D-Printed Houses
The short supply of affordable homes is a growing concern for both builders and consumers, as real estate prices soar, demand continues to outpace supply, materials become more ...
Read More »Refis Propelled 2020 Surge in Originations
An analysis of HMDA data by the CFPB has found that closed-end originations increased in 2020 by 65.2%, with much of that spike due attributed to the refinance boom.
Read More »The Week Ahead: Relief in Store for Housing Supply?
An examination of existing-home sales by NAR will gauge the nation’s housing inventory, as high prices are forcing more to re-consider their purchase decisions.
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