The latest forecast from Freddie Mac for multifamily housing predicts that rent growth will moderate due to the fact that completions will peak during the year.
Read More »Fannie Mae Forecasts Originations Rebound
As 2023 draws to a close, Fannie Mae predicts that single-family home sales have likely bottomed out and should grow into the next year.
Read More »Report: How Many U.S. Home Mortgages Are Performing?
According to the MBA, the share of mortgage loans in forbearance decreased to 0.26% nationwide in November, with roughly 70% of loan workouts initiated since 2020 classified as current.
Read More »Not Since 1981 Has Mortgage Affordability Been This Bad
It’s been decades since mortgage affordability has been this bad, leaving some people to give up hope in the American Dream.
Read More »Lawmakers Seek Improved Consumer Protections From CFPB
Sen. Elizabeth Warren and Rep. Hank Johnson are leading a coalition of 90 lawmakers in requesting increased protections by the Bureau on forced arbitration for financial products and services.
Read More »What International Markets Are American Real Estate Investors Targeting?
A new survey of U.S. real estate investors uncovers the top international markets sought after for their beaches, city properties, good healthcare, and safety.
Read More »Potential Home Sales Experience Largest Monthly Growth in a Year
Mortgage applications climbed in November, but will home sales accelerate throughout the end of the year? Mark Fleming, Chief Economist at First American, details the state of existing-home sales and more market predictions.
Read More »Examining Title Insurance, Settlement Services, and Life-of-Loan Costs
A new study found that, in the grand scheme of things, the cost of title insurance and related services make up such a minute amount of the cost of a life of a loan, they are statistically insignificant.
Read More »Pending Home Sales Surge, But Closed Sales Lag Behind
In November, new listings jumped to their highest level since October 2022, while home prices also posted its biggest increase since the same time last year. Pending home sales also continued to rise, but many home purchases fell through at a record rate as some homebuyers got cold feet, according to a new Redfin report.
Read More »Report Spotlights Lending Inequities at Navy Federal Credit Union
The nation’s largest credit union—Navy Federal—has been found to have “the widest disparity in mortgage approval rates between White and Black borrowers of any major lender,” according to a CNN study of CFPB lending data.
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