New commentary from Fannie Mae revealed the ESR Group is warning that while rates are moving rapidly again, they are expected to weigh on consumption and business investments over time. Experts now project a significant slowing trend in economic growth through the end of the year and into 2024.
Read More »Examining FHFA’s Transition to a Bi-Merge Credit Analysis
A new report from TransUnion explores FHFA’s proposal to utilize two instead of three credit reports, and the significant impact such a move would have on consumers, mortgage lenders, and the broader economy.
Read More »Housing Competition Dries Up During Fall Buying Season
As homebuying conditions continue to moderate, housing competition has eased as inventory increased, according to a new Zillow report, while home values experienced the first month-over-month decline since February.
Read More »Examining the Impact of Flood Risk on Florida Home Values
While nearly 40% of total U.S. residents live in coastal regions, a new CoreLogic report revealed that approximately 41 million U.S. residents face the risk of flooding along rivers and streams. Click here to see how flood risk impacts overall home values in the Sunshine State.
Read More »Targeting New Outlets for Down Payment Assistance?
With the ever-rising cost of homeownership, down payments requirements have also grown in step. Click through to find out where the next generation of buyers are finding the funds to secure a home.
Read More »Potential Homebuyers Retreat as Rates Remain Elevated
While a slight increase in new listings offers potential buyers more housing inventory to choose from, Redfin has found that many are backing out of the market, as mortgage rates sit near levels last seen two decades ago.
Read More »Challenging, Inspiring, and Supporting
MortgagePoint invites you to get to know this year’s Five Star Lifetime Achievement Award recipient: Kim Yowell, EVP of Servicing for Fairway Independent Mortgage Corporation.
Read More »Remote Homebuying in a Remote Work World
Today, many Americans can live just about anywhere while working from home. Remote workers looking to move far away from their current residence might not have the time, resources, or motivation to make multiple trips between their current and future cities, but virtual tours combined with other data brings far-flung homes to buyers’ front steps.
Read More »GSEs Sell Off $30B of Non-Performing Loans
Between the non-performing loan sales program’s inception in 2014 and the end of 2022, the GSEs have sold off a collective $30 billion in loans to the private sector.
Read More »Share of Hispanic Households Projected to Surge by 2040
Despite elevated interest rates and rising home prices that have intensified affordability issues for Hispanic homebuyers, by 2040, an estimated 70% of new homeowners will be Hispanic. Learn what else this new study from the Urban Institute reveals.
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