The latest OCC Mortgage Metrics Report found that 97.2% of mortgages included in the report were current and performing at the end of Q3 2022. Click through to learn how this compares to last year’s metrics.
Read More »Pending Home Sales, Contract Signings Slide in November
Pending home sales recorded the second-lowest monthly reading in 20 years as pending transactions dropped by nearly 40% year-over-year, while contract signings also slipped from October.
Read More »Price Drops Bringing Buyers Back to the Market
As home prices and mortgage rates fall from their peak, the typical homebuyers’ monthly housing payment declined nearly $300 from October, according to a new report from Redfin.
Read More »Q4 Home Affordability Worsens
Despite declining home prices, affordability worsened in the fourth quarter of 2022. Click through to find out what this means for the market’s future.
Read More »Share of Homebuyers Migrating From Home Metros Nears Record High
According to a new report, the share of Redfin users moving away from their home metro is nearing a record high as 6%-plus mortgage rates and inflation continue to cut into homebuyers' budgets.
Read More »November Brought Minor Relief to Affordability
A combination of declining home values and lower mortgage rates brought down average mortgage payments by $100.
Read More »Study: Miami Is America’s Most Competitive Rental Market
A new report from RentCafe showed Miami was 2022’s hottest U.S. market as two-thirds of renters renewed their lease. Here are the latest findings.
Read More »People of Color Less Likely to Own Their Homes Than Whites
According to the Joint Center for Housing Studies at Harvard University, in the past two years, a growing number of for-profit and non-profit lenders have created special purpose credit programs (SPCPs) that aim to address some of the longstanding policies ...
Read More »Homeownership Remains Top Priority
The market, which hit new highs over the last year, tanked affordability in many areas. However, those sidelined by prices still view homeownership as a top priority.
Read More »Metros Where Housing Is Most Attainable for New Buyers
Americans who have never owned a home are returning to the market following a pandemic dip, and Zillow notes 10 cities where they stand the best chance.
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