A new study from LendingTree found that median-priced homes in the states with the most snow are more expensive, on average, than median-priced homes in the states with the least snow. Here are the full findings.
Read More »People of Color Less Likely to Own Their Homes Than Whites
According to the Joint Center for Housing Studies at Harvard University, in the past two years, a growing number of for-profit and non-profit lenders have created special purpose credit programs (SPCPs) that aim to address some of the longstanding policies ...
Read More »FHFA, CFPB Unveils Updated National Survey of Mortgage Originations Data
New data released from the FHFA and CFPB revealed the COVID-19 pandemic shaped the mortgage borrower experience in 2020, with nearly 50% of borrowers reporting that a paperless online mortgage process was more important to them during the pandemic than in previous years.
Read More »Examining the State of the U.S. Economy, Nationwide Debt
Total household debt in the U.S. has increased by nearly 20% over the past decade, from sources like auto, student loan, and mortgage debt. Click through to learn what else the latest data from Upgraded Points reveals.
Read More »Housing Inventory Posts Record Increase as Rates Drop
New data from Redfin’s Homebuyer Demand Index showed that on average, some 6% of homes for sale each week had a price drop, down sharply from 7.5% in November and up nearly 3% from a year earlier.
Read More »No Housing Market Relief in Sight for Aspiring Homeowners
According to Realtor.com's 2023 Housing Forecast, homebuyers will face home price increases throughout the nation’s 100 largest U.S. markets in 2023. However, those who can afford to purchase a home will find more available inventory than in 2021.
Read More »Carolinas Top List of Best Regions for Working from Home
The most desirable cities to move to for those working from home were found in the nation’s Southeast, according to the latest study from RentCafe. Greenville, South Carolina, and Raleigh, North Carolina, were named the best locations for working remotely this year – click through to see the rest.
Read More »Encouraging Landlords to Accept Housing Choice Vouchers
A new study from the Urban Institute examines why landlords are hesitant to accept housing vouchers, despite most of the rent being government guaranteed. Studies show many landlords do not want to rent to voucher recipients for personal reasons, some bureaucratic.
Read More »CFPB Addresses Consumer Reporting Companies’ Investigation Practices
New research from the CFPB revealed that when consumer reporting companies and furnishers fail to investigate disputed information, consumers are left paying higher interest rates and face greater difficulty finding housing, employment, and more.
Read More »IMBs Report Q3 2022 Losses
According to the latest Quarterly Mortgage Bankers Performance Report, IMBs and mortgage subsidiaries of chartered banks reported a net loss of $624 on each loan they originated in Q3 of 2022, down from a reported loss of $82 per loan in Q2 of 2022.
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