While rents are increasing slower than the cost of housing nationwide, a new study from Redfin revealed Gen Z and millennial renters have overall lower personal inflation rates compared to the typical American.
Read More »US RMBS Third-Party Review Firms Continue Their Growth
Fitch Ratings has announced it has added two Third Party Review firms to its coverage over the past five months, and now views 24 firms as “acceptable” for work on RMBS transactions.
Read More »Home Price Growth Dips
Home price growth fell from November according to the CoreLogic Home Price Index, and expert projections indicate another decline in January.
Read More »2022 Named Busiest Moving Year Over the Last Decade
For the first time in a decade, moving volume has grown year-over-year nationwide, as a new report finds an estimated 4% more people moved during 2022 compared to 2021.
Read More »Prospective Homeowners Find Some Relief as Monthly Payments Fall
According to a new Redfin report, San Francisco homebuyers are paying an estimated $18,000 less per year than those who bought a home when rates peaked, renewing homebuyer interest.
Read More »Home Sellers Coming Off the Sidelines
According to a new report from Redfin, home sellers are starting to resurface to meet homebuyer demand as mortgage rates continue to decline, with new listings and pending sales posting their smallest drops in four months.
Read More »HUD Awards $315M in Grants to Address Rural Homelessness
The U.S. Department of Housing and Urban Development has announced the first set of communities to receive grants and vouchers to address homelessness among people in unsheltered settings and rural communities.
Read More »Ginnie Mae Finalizes Requirements for Pooling Re-Performing Mortgage Loans
Ginnie Mae has revised the pooling requirements for re-performing loans with the publication of All Participants Memorandum 23-03, that announced a reduced seasoning period for re-performing loans.
Read More »Consumers Look to Credit, Home Equity to Stay Afloat
According to the Q4 2022 Quarterly Credit Industry Insights Report (CIIR), data shows Gen Z consumers are opening credit cards and homeowners are taking out home equity lines of credit (HELOCs) to help cope with financial pressures.
Read More »Housing Market Begins to Recover from November Low
According to a new Redfin report, mortgage applications are up nearly 30% from early November, as the average 30-year-fixed mortgage rate declined to 6.15% from its November peak.
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