New program will fund endeavors to make safety and functional home modification repairs and renovations to meet the needs of low-income elderly homeowners.
Read More »Are Delinquency Numbers Stabilizing?
According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of around 2 million, and foreclosure starts hovering around 30,000 per ...
Read More »Is the ‘Great House Price Moderation’ Here?
A new blog post by Mark Fleming, the Chief Economist at First American Financial Corporation discusses the findings of the latest Real House Price Index (RHPI) covering June 2022 which saw a moderating of prices across the board. Specifically, the ...
Read More »3D Tours on the Rise in SFR Marketplace
According to a new analysis from PlanOmatic, the demand for 3D tours is on the rise among single-family rental investors, with the Orlando, Florida market seeing huge gains in interest.
Read More »First-Time Buyers More Likely to Take Financial Risks
American homebuyers persevered through high prices and fierce competition in 2021 and 2022, but few landed their dream home as 80% reported compromising on their priorities, according to a new report from Anytime Estimate. First-timers paid a median of $77,500 over ...
Read More »Analysis: Stress and Regrets of New Homeowners
The newest national survey of new homeowners commissioned by U.S News & World 360 Report Reviews found that a majority of new homeowners who purchased a home since the beginning of 2021 reported that they felt “house rich and cash poor” ...
Read More »Mortgage Credit Availability Projected to Rise Due to Weakening Demand
As fewer buyers become unable to afford higher home mortgage costs, a new CoreLogic analysis revealed that rising interest rates and higher home prices continue to wear at homebuyer affordability. As a result, the diminishing demand from borrowers may lead ...
Read More »Meet the 2022 Women in Housing Awards Finalists
The annual awards honor the mortgage and housing industry’s exceptional women leaders, with the final recipients to be announced during this year’s Five Star Conference & Expo.
Read More »The Week Ahead: Leveraging Digital Loss Mit Signing Solutions
An upcoming Five Star Institute webinar will discuss the industry’s usage of a national digital signing platform, as the nation’s mortgage industry continues to push the digital envelope.
Read More »Affordability Conditions Improve in Majority of U.S. States
Homebuyer affordability improved for the second straight month in July, with the national median payment applied for by applicants decreasing to $1,844 from $1,893 in June. This is according to the Mortgage Bankers Association's (MBA) Purchase Applications Payment Index (PAPI), ...
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