Precipitated by Fitch’s downgrade of the sovereign rating of the U.S., many in the industry voiced their opposition to the downgrade of Fannie Mae and Freddie Mac’s rating from 'AAA' to 'AA+.’
Read More »New Monthly Mortgage Payments Top $2,600
The median U.S. home-sale price is up 3.2% year over year, the biggest increase since November, and mortgage rates remain elevated.
Read More »Protecting Properties in Regions With Severe Weather
Analysts at Insuranks take a closer look at how natural disasters impact homeowners, what states are most at-risk, and how to minimize damage in a time of crisis.
Read More »Freddie Mac to Use Tax Transcripts as Income Verification
Multiple years of applicant tax data will help lenders precisely calculate income quickly, expanding options for income verification.
Read More »Seeking Insurance on Homes More Than 50 Years Old
A new study reveals the top U.S. cities with the most historical homes and explores the pros and cons of insuring a home in these locations.
Read More »Is a ‘Double-Dip’ Housing Recession Approaching?
Odeta Kushi, First American’s Deputy Chief Economist, has authored a new blog post discussing the definition of a housing recession and looking at the momentum of sales to determine if we are in fact flirting with a “double-dip” housing recession.
Read More »Options Constrict Further for July Homebuyers
Realtor.com reports that after four months of slowing inventory growth, active listings declined annually in July for the first time in more than a year.
Read More »Jim Pangburn Named CEO of SWBC RE
SWBC adds Jim Pangburn to lead the company’s reinsurance division, managing strategic partnerships across all lines of business, with a focus on financial institutions.
Read More »Challenges Remain for Buyers and Sellers as Market Avoids Crash
"The housing market is stabilizing after the turbulence of the pandemic, but the effects will be with us for a long time," said Zillow Senior Economist Jeff Tucker.
Read More »International Buyers Purchased About 84,600 Units or $53.3B Last Year
According to a new report from the National Association of Realtors (NAR), international buyers and investors purchased $53.3 billion worth of residential properties from the period between April 2022 and March 2023, a 9.6% reduction from the previous year.
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