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A study seeking the answer to the impact of home price inequality in various markets made an interesting discovery. Click through to read what it found.
Read More »Is Home Price Inequality a Good Thing?
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Will Wage Growth Bring Relief to Homebuyers?
The latest data on U.S. jobs by the Census Bureau has indicated rising wages. Experts weigh in on whether these increases will translate into easing the burden of rising home prices for homebuyers.
Read More »The Ongoing Struggle of Pending Home Sales
A fast-moving competitive market didn’t help pending home sales that came in at the second-lowest level in the past year. This video explains the headwinds facing home sales this season.
Read More »How Much of Household Debt Is Mortgage Based?
A study found that household debts are approaching new highs. Here’s how mortgages and other consumer loans are impacting the rising debt numbers.
Read More »The Impact of Fed Rate Hikes on Homeowners
On Wednesday, The Fed raised rates for the second time this year. How will the latest hike impact homeowners who are applying for HELOCs? Experts weigh in.
Read More »Non-Owner-Occupied Homes: Where Are They Most Common?
A recent study of non-owner-occupied mortgage originations discovered that certain cities are a hotbed for vacation, investment, and second homes. Cities in the South and West are leading the pack.
Read More »West, Southwest Lead Sales of New Single-family Homes
A rising demand from younger homebuyers spurred the sales of new homes in the West and Southwest according to Census Bureau data. But which region didn’t fare so well?
Read More »Mortgage Offer APRs Trending Higher
LendingTree has released its latest Mortgage Offers Report, breaking down the lending landscape for February 2018. The Mortgage Offers Report serves as a useful companion to other standard industry surveys on mortgage rates because, as LendingTree points out, “Most quoted ...
Read More »U.S. Job Growth Softens, Performs Below Expectations
The U.S Department of Labor reported a job growth of 148,000 while unemployment rate remained at 4.1 percent for the third consecutive month.
Read More »Average Down Payments Shrink in Q1 2014
According to a report released by LendingTree, down payment percentages for 30-year fixed-rate purchase loans fell in the first quarter to an average of 15.78 percent, down from just higher than 16 percent in the last quarter of 2013. At the same time, the company found average credit scores for borrowers matched with lenders on its own network have dropped 6 percent year-over-year, opening up the credit pool a little more.
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