Since COVID-19 started spreading across the country, it has had a tremendous impact on the housing industry. The characteristics and trends of sellers, buyers, and the houses the ...
Read More »Why Is Housing Affordability Declining?
Finding budget-friendly homes has been a struggle for Americans this year. Here are the reasons affordability continued to decline in the third quarter of 2020.
Read More »Homeowners vs. Renters: Population Trends Across America
Last year, the population of American renters fell to 109 million after peaking around 2015 at 111 million. Meanwhile, the population of American homeowners has been on the ...
Read More »Homeownership Is Key to Growing Wealth
A new report states, “housing is one of the biggest positive drivers of wealth creation.” How strong is the correlation between homeownership and wealth?
Read More »Record Low Interest Rates Reveal Hidden Mortgage Industry Weaknesses
Although record-low interest rates have led to a huge uptick in home sales this year and a refinancing boom, this has also revealed some underlying difficulties in digital ...
Read More »Consumers Report More Optimistic Home-Purchase View
Consumers in October reported a more optimistic view of both buying and selling homes, while also reporting a less positive outlook on personal finances and employment, based on ...
Read More »Economy Experiences “Uneven Recovery” Despite Jump in New Jobs
There appears to be a bit of bounce in the step of economic activity in the U.S. as total nonfarm payroll employment spiked by 638,000 in October, coupled ...
Read More »Fintech Borrowers May Need More Credit Protections
The global health crisis is harming many Americans' financial histories, which, in the long run, could prevent large numbers of families from securing lending for a home. While ...
Read More »Home Equity Continues to Rise, Even in Uncertain Economy
Of the 58.9 million mortgaged homes in the United States, 16.7 million considered equity-rich, meaning that the combined estimated amount of loans secured by those properties was less than 50% ...
Read More »How Have Mortgage Application Volumes Shifted?
The results from the most recent Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey have just been released. The survey, which analyzed data for the week ending on ...
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