A seasonal slowdown in purchase activity has not dampened home values, as the limited supply remains priced at a premium.
Read More »Rapid Home Price Appreciation Trend Continues
Nationally, median home prices rose to $294,488 in September, marking the sixth straight month of increases.
Read More »Rise in Rates to Impact Consumer Affordability
Economists have found that improvements in the economy and a rise in wage growth will continue to push mortgage rates upward and decrease consumer house-buying power as 2021 bleeds into 2022.
Read More »Inventory of Existing Home Listings Continues to Fall Short
More Americans are seeking homes in a market where short supply continues to be tagged with high ticket prices as potential buyers migrate from urban apartments to suburban homes.
Read More »FHFA Advances Two Measures for Housing Sustainability and Affordability
New announcement will expand eligibility for the GSE’s refi programs for low- and moderate-income borrowers, and revise desktop appraisal mandates.
Read More »Lenders to Focus on Servicing to Achieve Financial Goals
A new forecast by the MBA finds that while originations are expected to decline 33% from this year, lenders will turn their attention to their servicing business in order to meet profit margins.
Read More »More Americans Able to Get Into Homes
While monthly mortgage payments are on the rise, progress has been made in affordability for the second consecutive month.
Read More »Strong Equity Stakes May Not Hold Off Foreclosure Starts
A new study has found that high-equity borrowers were more than 40% less likely to face the involuntary liquidation of their home. But will it be enough?
Read More »Homes Continue to Outprice Millennial and First-Time Buyers
For the fourth consecutive month, the growth rate of housing prices in July set a record, continuing a trend of 14 successive months of gains
Read More »Home Price Gains Outpace Q3 Wage Growth
It should be no surprise that with the sharp and continued rise in property values, that single-family home affordability continues to elude the average earner in the country. According to a report by ATTOM, a dataset covering the top 572 counties in ...
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