Home >> Author Archives: Demetria Lester (page 61)

Author Archives: Demetria Lester

Demetria C. Lester is a reporter for DS News and MReport magazines with more than eight years of writing experience. She has served as content coordinator and copy editor for the Los Angeles Daily News and the Orange County Register, in addition to 11 other Southern California publications. A former editor-in-chief at Northlake College and staff writer at her alma mater, the University of Texas at Arlington, she has covered events such as the Byron Nelson and Pac-12 Conferences, progressing into her freelance work with the Dallas Wings and D Magazine. Currently located in Dallas, Texas, Lester is an avid jazz lover and likes to read. She can be reached at [email protected].

Black Homebuyers Experience Elevated Denial Rates

A new LendingTree analysis of the 2020 Home Mortgage Disclosure Act found that the share of Black homebuyers who have their mortgage requests denied is notably higher than any other ethnicity. Click here to see the largest spread between mortgage denial rates for Black borrowers and the remainder of the borrower populace.

Read More »

Affordability Constraints Fueling Renovation Projects

While more housing inventory is becoming available, home prices and mortgage rates hikes are still limiting many homebuyers from purchasing. A new study reveals that 55% of homeowners reported renovating in the past year rather than continuing their new home search.

Read More »

Weak Growth Will Continue as Housing Slows

Despite mortgage rates pulling back over the past month, numbers are down 59 basis points from the recent peak of 5.22% according to the latest Fannie Mae survey, they continue to anticipate a slowdown in home sales activity.

Read More »

IMBs Report Profit Losses in Q2

With IMBs reporting an overall net loss of $82 on each loan they originated in Q2, one analyst notes that “the second quarter of 2022 did not yield the usual Spring seasonal pick-up in purchase activity."

Read More »

Roughly 16M Homes Remain Vacant Nationwide

Across the nation’s 50 most expensive towns, an average of 23.42% of homes currently sit vacant, despite waiting to be rented, sold or the homeowners staying in their primary residence. See what areas have the highest and lowest rates of vacancy in LendingTree's latest analysis here.

Read More »