Living alone may cost some renters more money in the end, as a new report from Zillow revealed cohabitating renters in the U.S. save an estimated $14,000 a year by living together.
Read More »Fannie Mae Reports Dip in Q4 Revenue
The GSE reported a Q4 loss in revenue, with a $12.9 billion annual net income and $1.4 billion fourth quarter 2022 net income, with net worth reaching $60.3 billion.
Read More »Fannie Mae Study Finds Consumers Remain Worried About Housing Costs
A new study from Fannie Mae revealed a growing share of mortgage borrowers report being stressed in their ability to make debt payments as well as an inability to save money, as many consumers nationwide remain financially burdened.
Read More »Climate Change Could Cost Miami Homeowners $7.9B by 2050
Acknowledging the looming dangers of a warming planet, CoreLogic has released new research accounting for factors such as rising sea levels, increased frequency of intense storms, and the amount of flooding that could be caused by storms in the Miami area by 2050.
Read More »Mortgage-Purchase Applications Up 3%
A sign of future activity, mortgage-purchase applications are up, although pending home sales are down 20% year-over-year.
Read More »Rent Growth Slows to 2% in January
As rent growth experienced the smallest increase since May 2021 and the lowest level in nearly a year, a new report from Redfin revealed January marked the eighth straight month in which annual rent growth slowed.
Read More »Pace of Home Price Growth Slows
According to the National Association of Realtors, the average price of a home rose to $378,700 in the fourth quarter of 2022.
Read More »Ginnie Mae Announces LMI Income Disclosure, Enhances ESG Metrics
Stepping up its Environmental, Social, and Governance (ESG) efforts, Ginnie Mae is providing greater transparency into its pools for investors through new LMI disclosure.
Read More »HUD Assisted Nearly Two Million U.S. Homeowners During the Pandemic
HUD Secretary Marcia L. Fudge has announced that more than 1.8 million FHA borrowers received a forbearance due to a hardship created or exacerbated by COVID-19.
Read More »Auction.com Names Joe Cutrona Chief Business Officer
Thirty-year veteran assumes role overseeing business development and online operations for Auction.com, including maintaining and creating new client relationships.
Read More »