In a new study from LendingTree, experts predict the average interest rates on 30-year fixed mortgages to be between 5.5% and 6.5% by the end of 2023.
Read More »Luxury, Investment Home Sales Dip Nearly 40%
Redfin reports that the luxury and investment home market has slid 38.1% year-over-year, due to lingering inflationary concerns, high interest rates, and fears of a recession.
Read More »HUD Swears in Assistant Secretary for Congressional and Intergovernmental Relations
Kim McClain will manage the Department’s legislative affairs, Congressional relations, and policy matters impacting federal, state, and local governments, and public and private interest groups.
Read More »Share of Energy-Efficient Homes Rising Nationwide
According to a new Porch study, homeowners and homebuyers are beginning to understand and appreciate the value of an energy-efficient home and what it provides in terms of cost and savings on heating and cooling.
Read More »CFPB Issues Latest Insights Report
According to the Consumer Financial Protection Bureau, a new analysis of nearly half a million complaints reveals ongoing challenges, as TransUnion, Experian, and Equifax top the list of complaints.
Read More »McCalla Raymer Leibert Pierce Expands Ownership, Evictions Management Teams
Nationwide legal services provider names Michael Gonzales a Member and Owner at the firm and promotes A. Drew Powers to the role of Managing Partner of the firm’s National Evictions Team.
Read More »Report: Housing Affordability to Rebound in 2023
Chief Economist Mark Fleming of First American states that “given the large loss of affordability buyers experienced this year, a possible improvement next year will be a welcome relief for potential buyers.”
Read More »Report: Housing Market to Show Resilience in 2023
CoreLogic anticipates that annual price changes will move into negative territory by the spring of 2023 before rebounding to near 2% to 3% growth in the fall.
Read More »Many Americans Migrating Out of High Cost-of-Living Areas
According to North American Van Lines Inc.'s Moving Migration Report, new data found that a growing number of people are branching out of expensive states and cities in search of more affordable regions with warmer climates.
Read More »OCC: Overall Mortgage Performance Improves in Q3
The latest OCC Mortgage Metrics Report found that 97.2% of mortgages included in the report were current and performing at the end of Q3 2022. Click through to learn how this compares to last year’s metrics.
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