Current MBS numbers have fallen short of the prior year, where approximately 242,793 homes and apartment units were financed in December of 2021.
Read More »What’s Behind Racial Disparities in Homeownership?
Find out why the homeownership gap between black and white homeowners has widened to its largest level in over 50 years.
Read More »Homeowners Underinsured for Certain Natural Disaster
A new report by ValuePenguin.com states that just 7% of homeowners have a flood insurance policy, despite floods being the most common natural disaster. The Atlantic hurricane season is less than a month away, and while 91% of homeowners have ...
Read More »Why Aren’t More Renters Becoming Buyers?
With rent medians increasing at a record rate, a new report shows why homeownership isn’t being sought after as a solution.
Read More »New Bill Addresses Reverse Mortgage Foreclosures
The Philadelphia City Council recently introduced a bill to help prevent reverse mortgage foreclosures when a homeowner is in a payment agreement for real estate taxes on their homes. As a requirement for a reverse mortgage, borrowers must remain current ...
Read More »Equity To Borrowers Hits 11-year High
Rising home prices nationally have created the strongest equity economy since 2006, according to a new report by Black Knight. Borrowers have nearly $5 trillion in equity to tap into, and the number of underwater borrowers has dropped dramatically. Refis account for a stronger share of borrowing than they have for years.
Read More »Homeownership Rates Low for Asian, Pacific Islander Demos
Despite rising steadily in numbers over the last decade, the Asian American and Pacific Islander population is showing homeownership rates well below the national average. Rates are also below that of other demos, particularly of non-Hispanic whites. Experts say this data reveals untapped potential.
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