Experts say 22- to 41-year-olds are taking advantage of relaxing FICO credit score minimums, as home purchases top refis among this demographic.
Read More »The Week Ahead: Fed Chair Examines the Path of the Economy
Fed Chair Jerome Powell will testify this week at a hearing charting the course of the U.S. economy moving into Q3 and beyond.
Read More »Study: Homebuyers Crave Affordable, Transparent, Time-Saving Transactions
Of the many issues the COVID-19 pandemic brought to light, the usefulness of technology in the homebuying process is one of significance for mortgage professionals. While industry leaders ...
Read More »What’s Going to Happen to Housing?
In an exclusive chat with MReport, Fannie Mae Chief Economist Doug Duncan dissects the elements creating the supply/demand imbalance in housing, and what solutions may lie ahead to remedy the situation.
Read More »New Listings Suggest Shift in Sellers’ Market
Analyzing market data from July, an economist says "buyers who threw in the towel may want to look again, because the market is tilting in their favor."
Read More »Mortgage Rates Fall to 2.9%
For the second straight week, mortgage rates remain under the 3% mark, but will affordability remain a deterrent to prospective homebuyers unwilling to pay for higher-priced homes?
Read More »New Opportunities in the Age of the Great Reshuffle
Although affordability hang-ups remain, changes in the housing market over the past year have opened new doors for first-time homebuyers to save for non-traditional down payments.
Read More »How Homeowner Tenure Affects Home Price Growth
Analysts look at which regions have the most mobile mortgagors and at how a metro-wide tendency to relocate affects appreciation.
Read More »Mortgage Apps Dip for Second Consecutive Week
An analysis of mortgage application volume finds a decline in volume, with higher prices continuing to prevail despite rates in the 3% range.
Read More »Home Sellers Benefit From ‘Perfect Storm’
A new study gauging consumer sentiment has found that now is the time to sell a home, with short supply and high demand continuing to drive prices upward.
Read More »