There Are 2,080 work hours in a year, assuming a standard 40-hour work week, and depending on your job, your earnings may vary widely. But according to Zillow, if you owned a home last year in a major metropolitan Area, ...
Read More »Owning More Affordable Than Renting in Most Metros
Renting remains more financially viable in populous cities, whereas home ownership is found to be more affordable in rural areas.
Read More »Home Construction Stunted by Supply Chain Issues
Housing starts may be on the rise, but supply bottlenecks and labor scarcity are impacting the pace of home builders.
Read More »National Mortgage Delinquency Rate Drops
Improvements in both economic conditions and the increased rollout of vaccinations have contributed to the dwindling rate of mortgage delinquencies.
Read More »The Week Ahead: Will Unemployment Uptick Slow Forbearance Exits?
The recent rise in Covid variant cases is again impacting the nation’s job force, with recent forbearance exits slowing their pace.
Read More »Share of Loans in Forbearance Drops by 14 Basis Points
The number of homeowners in forbearance plans tailed off yet again this week, as strong employment numbers and a growing economy are landing more back on solid financial footing.
Read More »Default Rates Continue to Drop
Default rates continue to decline as pandemic-related financial distress across the country continues to ease for homeowners.
Read More »Forbearance Exits Heat Up
For the 20th consecutive week, the share of homeowners in forbearance plans declined as more return to the workforce and the economic continues to exhibit signs of recovery.
Read More »Forbearance Plans Continue to Decline
The number of Americans in stages of forbearance dips lower, a response to the addition of 850,000 jobs in the month of June.
Read More »Unaffordability Continues to Haunt Aspiring First-Time Buyers
Fannie Mae’s latest Home Purchase Sentiment Index (HPSI) decreased by just 0.3 points in June to 79.7, despite even greater volatility among the Index’s underlying components, up 3.2 points compared to the same time last year. The HPSI’s "Good Time ...
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