Many in the mortgage industry are beginning to question how much longer will rates remain low. See what economists are predicting the Fed do this month at their monetary policy meeting.
Read More »Rents Increasing Faster for Renewals on Single-Family Rental Properties
Morningstar Credit Ratings reported that managers of properties in single-family rental securitizations have been steadily increasing rents more for renewals than for new tenants for vacant properties over the past two years.
Read More »Millennials Prefer HELOCs for Home Renovation Projects
Rising property values are making more homeowners more optimistic about renovating their homes, and Millennial homeowners in particular favor using HELOCs to help them finance their designs, a new study by TD Bank showed.
Read More »Builder Confidence Shaken by Cost and Availability of Lots and Labor
Builder confidence in the market for newly-built single-family homes dropped this month due to rising costs and availability of lots and labor. Read on see what economists say this will mean for the housing market going forward.
Read More »U.S. Bank, Santander Pay $13 Million to Clear OCC Servicing Restrictions
The Office of the Comptroller of the Currency removed restrictions from two more banks, but the banks will also be paying a hefty penalty.
Read More »The Week Ahead: Janet Yellen to Testify Twice Before Financial Committees
Given some of the recent major economic news concerning the Fed, it is probably not hard to guess at least some of what Yellen will be talking about this week.
Read More »Racing Ahead: Unexpected Markets Finish 2015 on Top
Homes sales finished 2015 in convincing fashion, following two straight months of sluggish sales. Read on to see which cities experienced the largest gains in 2015.
Read More »Rate Hikes Low on the List of Worries for Most Americans
Concern over what will happen now that the Fed has raised the interest rate for the first time in a decade‒‒and with further increases on the way‒‒is surprisingly minimal. Read on to see which group of Americans are not particularity worried about future rate hikes.
Read More »Fannie Mae Predicts Healthy Housing Market, Despite Affordability Issues
As Fannie Mae sees it, the year ahead will be less like a person in love and more like one in a satisfying longterm relationship. Growth in the U.S. housing market will continue for its seventh straight year, but there will be bills to pay.
Read More »Housing Shortages Fueling Price Increases, But Not at 2015 Levels
Citing under production in the homebuilding sector, NAR Chief Economist Lawrence Yun predicts home prices will continue to rise in 2016…but can such increases match the pace of expansion seen in 2015?
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