While saving for a down payment continues to be one of the most challenging barriers to homeownership for many, Freddie Mac’s latest multipronged action removes industry-wide barriers to down payment assistance (DPA) programs, helping provide mortgage loans and financial assistance to lower-income homebuyers across the nation.
Read More »Migration Trends: Home Prices Weakening in Cities With Growing Populations
While U.S. pandemic migration trends show no sign of reversing, Bank of America Institute's latest housing market report revealed home prices are slowing rapidly even in cities with large inflows of people.
Read More »Miami Named Most Popular Metro for Relocators
A record 25% of Redfin.com home searchers looked to move to a different U.S. metro in January, many in search of more affordable housing, as Miami, Sacramento, and Las Vegas were the most popular destinations.
Read More »CA and NY Exit Rate on the Rise
While Texas remains a popular migration destination for Californians, California had the most people interested in moving to Washington, D.C., a change of pace from usually warmer climates.
Read More »Wells Fargo Contributes $1M in Hurricane Relief for Florida
Wells Fargo has announced their donation of $1 million from the Wells Fargo Foundation to aid four statewide organizations providing urgent relief in Florida following the aftermath of ...
Read More »More Americans Relocating Out of State for Retirement
Nearly 400,000 American retirees moved their residences during 2020, the highest number in five years. According to a data study by the moving services website HigherAHelper.com analyzing ...
Read More »Where Are Homes Gaining the Most Value?
Several markets on the East and West Coasts have seen surges in home values over the past 20 years, with some markets posting more than 300% increases.
Read More »The Pendulum Swing Between Rental and Homeownership
A new report suggests that the housing market is facing downward pressure. But where is the demand for homeownership waning the most?
Read More »Goldman Sachs Fulfills Obligation to Mortgage-Backed Securities Settlements
Goldman Sachs successfully completed about 77% of the $1.8 billion in consumer relief it is obligated to provide under its two mortgage-backed securities settlements with the U.S. Department of ...
Read More »Examining Loan Application Fraud and Defect Risk
CoreLogic’s National Mortgage Application Fraud Risk Index (Index) reported a Q1 2019 increase of 6% over Q1 2018, settling in at 152. The Index is calculated from the ...
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