A new analysis by Rick Sharga, EVP of RealtyTrac, has found that investor purchases accounted for 15.4% of all home purchases nationally in Q2 2021, compared to 11.5% in Q2...
Read More »Search Results for: 159
Forbearance Volume Tails Off on Strength of August Jobs Report
After a few weeks of leveling off, the latest Forbearance and Call Volume Survey from the Mortgage Bankers Association (MBA) has found that the total number of loans now in...
Read More »Rent Prices Speed Past Pre-Pandemic Projections
When Covid-19 lockdowns began last year, single-family rental prices slowed to stagnant. But as the the price of real estate appreciated at staggering rates over the past year, rent price...
Read More »Analysts: Investors Taking Housing Market By Storm
Real estate investors during the second quarter of 2021 purchased more homes than ever recorded by Redfin.com, which has been tracking that metric for 20+ years. "Investors took the housing...
Read More »Mortgage Delinquencies Sink to 11-Month Low
...including the distribution of 159 million stimulus payments totaling more than $376 billion, broader economic improvement leading to nearly a million new jobs and 1.2 million forbearance plans reviewed for...
Read More »Rates and Prices Pushing Affordability Out of Reach
Black Knight’s latest Home Price Index has found home prices up 11.6% in February, hitting their highest annual rate in more than 15 years. Also rising at an equally-paced clip,...
Read More »Prospective Homeowners Face Increasing Changes, Challenges
Recent data reveals just how substantially the homebuying process has changed throughout the course of the coronavirus pandemic. Buyers are writing bigger down-payment checks, making offers well-over the asking price,...
Read More »FHFA Increases Actions to Prevent Home Loss
Foreclosure prevention actions are mounting, according to the Federal Housing Finance Agency. A total of 107,609 were completed by the Enterprises in November—with the total hitting 5,499,159 since September 2008....
Read More »Even With Record-Low Rates, Most Metros Aren’t Affordable
Interest rates on 30-year mortgages are at historic lows, but that hasn’t helped make homes any more affordable for the average American, according to the Federal Reserve Bank of Atlanta’s...
Read More »Fannie Mae Announces Sixteenth Sale of Reperforming Loans
For about a decade GSE Fannie Mae has been carrying delinquent mortgages that have started performing again (that is, payments on the mortgages have become current with or without the...
Read More »