Boosting curb appeal is a benefit to homeowners’ pocketbooks and well-being. A new study breaks down the data.
Read More »FHFA Addresses New Fee Misconceptions
FHFA Director Sandra L. Thompson has issued a new statement addressing recent misconceptions about mortgage pricing. Click through to read her comments on the issue.
Read More »Composite Report Reverses Seven Months of Declines
“The National Composite, which had declined for seven consecutive months, rose a modest 0.2% in February, and now stands 4.9% below its June 2022 peak,” said Craig J. Lazzara, Managing Director at S&P Dow Jones.
Read More »Millennials: Getting Into Houses Earlier Than Their Parents
A new report from Redfin also reveals that Gen Z took advantage of ultra-low pandemic-era interest rates to make their homeownership dreams come true.
Read More »Cutting the Number of Vacant Homes Could Alleviate Housing Woes
An estimated 9% of housing—or 16 million units—are considered vacant. Click through to find out where these homes are concentrated and the effect it has on the real estate market.
Read More »Study Indicates Now Is a Great Time for Homeowner Education
"Our survey sends a crucial message to mortgage servicers about what homeowners need," says Eric Rachmel, CEO and Founder of Brace.
Read More »Nearly 3,000 New Homes Completed Per Day
Over the last decade, an average of 2,971 single-family homes were completed every day compared to the 3,513 permits issued daily.
Read More »Forecasts of Falling Home Prices Are Receding
“It appears that we have turned the corner from overall slight annual forecast depreciation one quarter ago to an overall flat forecast now,” said Eric Fox, Chief Economist at Veros.
Read More »Mortgage Rates, Rocky Economy Driving Down Homebuyer Demand
“Unsurprisingly, consumers also expressed apprehension about the direction of home prices,” said Mark Palim, Fannie Mae VP and Deputy Chief Economist.
Read More »Loan Originations by Independent Banks Breach Negative Profit Territory
Average production volume was $2.6 billion (8,371 loans) per company in 2022, down from $4.9 billion (16,590 loans) per company in 2021.
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