...entrenched in buyers’ psyches and more homeowners list their houses.” Leading Indicators of Homebuying Demand and Activity: The weekly average 30-year fixed mortgage rate was 6.75% as of the week...
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Preventing Home Loss & Closing the Racial Wealth Gap
...homeownership gap between white households and households of color—especially Black households. As a result of this finding, advocates have been working with policymakers by devoting considerable attention to increasing access...
Read More »Survey: Homeownership Remains Elusive for Baby Boomer Renters
...baby boomers who are long-term renters strongly agree that homeownership isn't attainable for them, compared to 45% of both Generation X and millennials. Additionally, millennials and Generation Z homeowners are...
Read More »Single American Homeowners Becoming More Prominent in 2024
While pursuing homeownership without a partner isn't the norm for all Americans, single homeowners are becoming more prominent in the home purchase market. A new PennyMac survey revealed the driving...
Read More »More Than Half of Americans Feel Homeownership Is Unattainable
...how do Americans feel about homeownership? According to a new survey from Home Bay, homeowners remain more satisfied than renters. On average, research found that homeowners rate their overall happiness...
Read More »Rethinking Portfolio Lending Strategies and Modernizing Production
...originate-to-sell or securitize activities. Rethinking the Home Equity Opportunity As expected, 2023 continues to be a banner year for home equity lending. With millions of homeowners sitting on approximately $18.1...
Read More »Buyers Willing to Purchase Tiny Homes, Fixer-Uppers to Attain Homeownership
...environment. The survey factored in responses from 1,000 U.S.-based individuals. Due to current market conditions, some 43% of prospective homebuyers have considered new and unique ways to achieve homeownership, including...
Read More »Uptick in Purchase Apps as Rates Fall to 11-Month Low
...(ARM) share of activity increased to 6.3% of total applications. “Refinance applications declined over the week and remained at low levels,” added Kan. “There is still little incentive for homeowners...
Read More »Homebuyers Adjusting Purchase Strategies in Search of Homeownership
Americans are purchasing multi-family properties and co-owning homes with friends and/or family, and prospective homebuyers are willing to adjust their homebuying strategies to become homeowners in 2024. This is according...
Read More »National Property Preservation Conference Returned to Washington, D.C.
...industry, homeowners’ ongoing exits from COVID-19-era forbearance plans, the state of REO, whether the Fed will manage its “soft landing,” and updates on property preservation allowable fees (check out November...
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