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Study: Nearly 72% of Renters Don’t Believe They’ll Own a Home

A new survey from Rent. revealed one in four renters spend 50% or more of their income on rent, leaving many Americans to believe they'll never own a home due to steep home prices and elevated mortgage rates. Meanwhile, 71% of respondents reported they are shifting priorities to being debt-free instead of saving for a down payment.

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Keeping Afloat

MortgagePoint speaks with mortgage servicing execs from BOK Financial, Carrington, the NMSA, PHH Mortgage Corporation, and Servbank about the unusual times and unusual opportunities the industry faces midway through 2023.

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The Impact of AI on the Real Estate Market

No one can say how long it will take AI to move into the underwriter’s office, but we know that’s not where it will start. New research from STRATMOR argues that the AI ripples have already begun to spread.

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