A wide disparity exists between homebuyers and homesellers according to September's Home Purchase Sentiment Index (HPSI) with the overall index decreasing by 1.2 points to 74.5 points. Year-over-year the index is down by 6.5 points. ...
Read More »Wells Fargo To Assist 300 Homeowners With Down Payments
Wells Fargo N.A, is making it easier for low-income residents in Houston to save up for a down payment by offering $15,000 down payment assistance grants to help get prospective buyers into a ...
Read More »How Do Millennials Use Home Equity?
Millennials typically forge their own path in life, bucking the trends and norms of their parents—and now that they are in the prime home-buying time of their lives, their views on ...
Read More »Slight Rise in Rates Forces Decline in Mortgage Apps
As mortgage rates edge above the 3% mark, borrower incentive to refinance is waning.
Read More »Latest Biden Administration Measure Provides Relief for At-Risk Tenants
HUD continues to work to rush aid to renters and landlords, issuing a new pandemic-related Rule to support families in need and at-risk of eviction.
Read More »UniversalCIS & Credit Plus Announce Merger
Credit Plus, a provider of mortgage verifications and business credit reports, has issued a joint statement that it is merging with UniversalCIS, a technology-enabled provider of credit data and origination services. As a result, the new company ...
Read More »Addressing Discrimination in the Housing and Wealth-Building Space
To address and reduce the racial gap between in home ownership and wealth-building, the Urban Institute and the Federal Home Loan Bank of San Francisco (FHLBank) have committed $1.5 million to a new program called “Racial Equity Accelerator for Homeownership” which will “develop ...
Read More »Refinance Market Begins to Slow
New report offers insight into the frequency of 11 of today’s top market opportunities for mortgage lenders, as refis begin to wane—yet the purchase market is not picking up the slack.
Read More »Annual Home Price Growth Reaches New Heights in August
The 12-month rise in home prices nationwide hit a record-setting mark in August, the highest in 45 years of recording this data.
Read More »Zulily To Donate To Habitat For Humanity
Early holiday shopping will pay off for the Habitat for Humanity as a new partnership with online retailer Zulily who will donate 1% of its eligible sales to the non-profit organization. Throughout the month of ...
Read More »