Lending and Originations

Researchers from Harvard University's Joint Center for Housing Studies point out that lawmakers and regulators proved during the pandemic that policy-based housing solutions are possible in a time of crisis.

According to Odeta Kushi, First American's Deputy Chief Economist, there has never been an official or general agreement on what constitutes a housing recession.

Active housing inventory was reportedly 49.2% below typical pre-pandemic July levels, as Realtor.com reports that on a typical day in July, there were 45,000 fewer homes available to buy year-over-year.

On the heels of Fitch Ratings downgrading the GSEs’ senior unsecured debt ratings to 'AA+' from 'AAA,’ Freddie Mac reports the fixed-rate mortgage climbed nine basis points week-over-week, inching closer to the 7%-mark.

New partnership will increase education, outreach, and efforts geared to tackle appraisal bias and discrimination in the housing marketplace.

“Sharply lower housing inventory in the U.S. and higher borrowing costs across the world have dented international buyers for two straight years,” said NAR Chief Economist Lawrence Yun.

According to a new study, “house poor” homeowners in the Sunshine State and Golden State face the largest housing expenses, including monthly mortgage payments, property taxes, homeowners’ insurance, and utilities.

The MBA reports that overall mortgage application volume fell for the second straight week, with limited housing inventory and rates nearing the 7% mark hampering affordability for many potential buyers.

The bipartisan Neighborhood Homes Investment Act seeks private investments in rural communities to construct affordable homes, and revitalize 500,000 homes for middle- and low-income families.

Homeowners are feeling the pinch as searches for Home Equity Line of Credit (HELOC) hit their highest point in U.S. internet history