House hunters who have found the cost of single-family homes prohibitive are opting for condos, pushing up prices and competition in that market.
Read More »A ‘Welcome Sign for Frustrated Buyers’
Home prices are soaring and sellers seemed less reluctant to list their homes in June, yet inventory in every metro area remains very low.
Read More »Interfirst Announces New Non-Owner-Occupied Offering
New program is built upon a single interest rate with no adjustments, the first as part of the company's new Independence Series of mortgage products.
Read More »Rate Locks Climbed Last Month
However, the refinance share of the market dropped and accounted for less than half of June's origination activity, analysts explain.
Read More »Millennials Drive Competitive Purchase Market
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 »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 »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 »Homeownership Within the Asian American, Pacific Islander Population
Even with evidence of greater income than the general population, a "surprisingly low" percentage of the AAPI community own houses, researchers say.
Read More »How Buying a House is Different for Black Americans
Becoming a homeowner often requires financial and lifestyle sacrifices, but a study found that this is truer for people of color.
Read More »Housing a ‘Meaningful Driver of Inflation’ into 2022
Fannie Mae’s Chief Economist Doug Duncan predicts that the market's supply and demand problem "will soon reveal itself within inflation measures."
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