To celebrate Hispanic Heritage Month, which occurs every October, Realtor.com has published three new surveys outlining how Hispanic buyers affect real-estate market over the last year. The nationwide surveys included the Hispanic Homebuyer Profile, the Hispanic New Homeowner Profile, ...
Read More »New Residential Acquires Genesis Capital
New Residential intends to finance the transaction with existing cash and asset-based financing from Goldman Sachs, with the deal expected to close in Q4.
Read More »Closing Costs Kept in Check
Although the average home price increased by nearly $45,000, closing costs, excluding taxes, have been found to have only increased by $400.
Read More »Starting a Family? Check These Cities First.
One of the biggest factors people with families consider when choosing a new home is what the environment will be like for their children as they grow; a new report covers the top 50 metro areas nationwide.
Read More »Rate Lock Volume Falls 10% in September
Climbing interest rates drove down rate lock volumes across the board in September, but the largest decline was seen—once again—in locks on rate/term refinance loans.
Read More »Insurance Rates Can Jump 21% After a Claim
North Carolina is the most expensive state to be sued in, with insurance rates increasing 38% or $529 more a year. This is followed by Alaska and Maine, where rates increased by 33%.
Read More »Where Are the Affordable Homes?
Those in the market seeking an affordable house will be hard-pressed to find anything in their budget as low inventory continues to push prices skyward.
Read More »The Housing Market Pushing Up Mortgage Costs?
Amid rising home prices, the average mortgage payment has increased by $50 over the last six weeks as sellers’ median asking price increased 12% year over year to a ...
Read More »UniversalCIS & Credit Plus Announce Merger
Credit Plus, a provider of mortgage verifications and business credit reports, has issued a joint statement that it is merging with UniversalCIS, a technology-enabled provider of credit data and origination services. As a result, the new company ...
Read More »Addressing Discrimination in the Housing and Wealth-Building Space
To address and reduce the racial gap between in home ownership and wealth-building, the Urban Institute and the Federal Home Loan Bank of San Francisco (FHLBank) have committed $1.5 million to a new program called “Racial Equity Accelerator for Homeownership” which will “develop ...
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