While about a third of Americans believe they’ll never be able to afford their dream home, a new survey from Bankrate revealed that almost 50% of respondents suggest that now isn't the best time to buy a home based on current market conditions. Click through to explore the latest on homebuyer sentiment.
Read More »What a Debt Ceiling Default Could Mean for the Mortgage Industry
Although a national debt default is unlikely, new scenario projections from Zillow reveal home sales would decrease sharply. While home values would not lose much ground, a surge in mortgage rates would do further damage to nationwide housing affordability.
Read More »Seasonal Cooling Cures Some Affordability Problems
The share of homes that sold above their list price also fell to levels last seen in June 2020.
Read More »Homebuyer Affordability Drops Even Further in September
Homebuyer affordability plummeted again in September according to the latest MBA analysis, with scarce supply, affordability constraints, and economic uncertainty continuing to hinder potential homebuyers.
Read More »National Median Mortgage Payment Rises Month-Over-Month
The Mortgage Bankers Association (MBA) has launched a new affordability index aiming to measure how new mortgage payments vary across time relative to their income. The new monthly ...
Read More »Sunshine State Migration Forces Rise in Home, Rental Rates
Three Florida metros saw a 36% gain in rent prices, as more continue to escape expensive northeast metros in favor of southern markets.
Read More »Homeowners Struggling to Make Mortgage Payments
Although a new survey found low-income households are most vulnerable, there seems to be a growing sense of confidence. Click through to read more.
Read More »How Many Homeowners Could Miss Mortgage Payments?
Click through to find out why many Americans feel a one-time stimulus check will not be enough to keep them in their homes.
Read More »Average Mortgage Payments Fell Nearly 7% at Years’ End
Despite the positive data, the report says servicers are struggling to retain borrowers who sought “greener pastures.”
Read More »Rising Home Prices, Falling Mortgage Payments
After years of annual increase in mortgage payments, a new report shows that homeowners are finally getting some relief.
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