The expected interest rate hike from the Federal Reserve is also swaying the views of many consumers for the housing market, causing many to believe that getting a mortgage will be more difficult next year.
Read More »Underwater Borrowers Are Still a Headwind for Housing
"Negative equity has become almost an afterthought in a handful of the nation's hottest markets, but is holding back the recovery in dozens of large markets nationwide," said Dr. Svenja Gudell, Zillow's Chief Economist.
Read More »Rising Home Sales in Most Fed Districts Indicate ‘Moderate’ Improvement
Which Federal Reserve Districts have experienced the most progress in housing in the last month and a half?
Read More »Warning Signs Remain Amid Mortgage Risk Performance Improvement
Indications of improvements in the mortgage risk performances space include are many, including tightened underwriting standards compared to the early 2000s and steadily declining negative equity, foreclosure starts, and distressed sales. What are the red flags the industry should be watching?
Read More »Low Supply, Escalating Prices Combine to Slow Pace of Pending Home Sales
NAR Chief Economist Lawrence Yun stated that "Unless sizeable supply gains occur for new and existing homes, prices and rents will continue to exceed wages into next year and hamstring a large pool of potential buyers trying to buy a home."
Read More »Two Years In, Overall Performance of SFR Securitizations Remains Strong
It has been slightly more than two years since the first single-family rental securitization closed. What has been driving the strong performances of SFR securitizations as of late?
Read More »Credit Default Swap Market Has Fallen Dramatically Since the Crisis
What issues are both borrowers and investors currently facing in the credit default swap market? What can Congress do to revive the market?
Read More »Freddie Mac: ‘Vast Majority’ of Housing Markets Still Trying to Get Back to ‘Normal’
Freddie Mac's Multi-Indicator Market Index shows a slowly but surely stabilizing housing market overall nationwide. But one economist says many areas of the country are still struggling to return to their long-term benchmark normal levels.
Read More »Consumers More Likely to Choose Non-Mortgage Debt Over Mortgages
When faced with a choice as to what type of debt they will take on, mortgage debt often loses out.
Read More »HELOC Balances at Larger Banks Continue Declining Trend
While outstanding HELOC balances have plummeted nationwide since 2009, data shows for the most part they are declining only at the 20 largest financial institutions.
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