U.S. home price gains moved up to 2.5% year over year in July, marking the 138th consecutive month of annual growth, while 11 states saw home price declines over the course of the month.
Read More »Recognizing the Future Leadership of the Mortgage Industry
Meet the finalists for the upcoming Rising Star Executive Award, part of the 2023 Women in Housing Awards, as the Five Star Institute honors young women leaders who have demonstrated an outstanding capability to lead and drive progress.
Read More »FHFA Seeks Public Comment on Updated Credit Score Requirements
FHFA is soliciting comments from market participants and stakeholders on the transition to updated credit scoring models and credit reporting requirements for loans acquired by the GSEs.
Read More »Digitalization Can Help, But Also Hurt, Affordability Concerns
A new blog post by David Luberoff, Deputy Director of the Joint Center for Housing Studies at Harvard University, explores the concept of digitalization and how it has changed the face of producing, financing, reviewing, and regulating the current housing market.
Read More »New Builds Offer Renters More Options Amid Competitive Market
Midwest markets were a hot spot for renters seeking more affordability during peak rental season, dominating the top half of the nation's 20 most competitive rental markets. Renters now have more options to choose from, as the national supply of apartments experienced a slight increase compared to the same time last year, according to a new RentCafe study.
Read More »Ginnie Mae’s MBS Portfolio Nears $2.5T in August
According to Ginnie Mae, August 2023’s new mortgage-backed securities issuance has supported the financing of more than 123,000 households, including 59,000 of that number comprised of first-time buyers.
Read More »Millennials and Gen Zers in Rough Spot When It Comes to Housing Sentiment
A growing number of millennials do not believe they will ever afford to own a home as they try to battle a confluence of adverse market conditions.
Read More »Number of Underwater Properties Decreased in Q2
In CoreLogic's Homeowner Equity Insights report, in the second quarter of 2023, the total number of mortgaged residential properties with negative equity decreased by 6% from the first quarter of 2023, representing 1.1 million homes, or 2% of all mortgaged properties.
Read More »The Week Ahead: Exploring Options to Boost U.S. Housing Supply
The Senate Banking Committee will host a panel of experts who will share ideas on how to bolster the nation’s housing inventory, as buyers seek more options in an increasingly shrinking marketplace.
Read More »Texas Is International Hotspot for Residential Real Estate Investment
"Texas has long been one of the most popular states for international buyers," said Marcus Phipps, 2023 Chairman of the Texas Realtors. "Our strong economy, diverse population and high quality of life make the Lone Star State an attractive destination."
Read More »