Souren Sarkar of mortgage automation provider Nexval shares his thoughts on the future of the industry and feels that politically driven policies will increase housing affordability and reduce rates.
Read More »Number of Homes for Sale Dipped YoY
According to the latest RE/MAX National Housing Report, both home sales and the number of homes available slid month-over-month, leaving potential buyers with little to choose from.
Read More »FHFA Increases the LIHTC Cap for GSEs
Under new deal, Fannie Mae and Freddie Mac will be allowed to invest up to $1 billion annually in the Low-Income Housing Tax Credit market as equity investors.
Read More »Affordability Expected to Improve in 2024
An anticipated rise in inventory and decline in mortgage rates are expected to ease affordability concerns for many as we enter 2024.
Read More »Planet Home Lending Adds New VP, Construction Loan Manager
Mortgage lender seeks to expand it construction loan volume in 2024 with the addition of 20-plus year industry veteran Melony Harpe.
Read More »Online Housing Searches: A Year in Review
Zillow has analyzed the 250 billion searches conducted on its platform in 2023. What did this deep dive reveal?
Read More »Monthly Mortgage Payments Moderate as Rates Decline
The latest data from the Mortgage Bankers Association found that the new median mortgage payment decreased slightly from October.
Read More »Starter Home Price Appreciation Ending the Year Strong
Home prices reached a new peak for the eighth consecutive month in November, according to First American's latest Home Price Index report, which revealed that price appreciation for small, affordable homes for first-time buyers remained strong, with starter home prices growing the fastest in many U.S. markets.
Read More »More and More Millennials, Gen Zers Staying Close to Home
“Making ends meet in today’s economy can be tough for anyone, but it’s often especially challenging for young people,” said Jacob Channel, LendingTree Senior Economist. In a new report, he revealed that nearly half of all young Americans are living in their hometowns, as two-thirds of young adults who moved back home during the pandemic still live with their parents.
Read More »Which Generation Moved Most in 2023?
According to a new report, Gen Z moved at rates far above national averages in 2023.
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