Mortgage rates are up and so is the volume of mortgage applications, which increased 4.8 percent from a week earlier according to the latest data from the MBA ...
Read More »Smaller Banks Better at Reinvesting in Communities, Says Survey
The Community Reinvestment Act (CRA) is headed for changes by The Treasury and will relook at reinvestments of banks towards supporting community needs through initiatives such as fair ...
Read More »Pending Home Sales Increase Ahead of the Homebuying Season
February saw a growth in the number of sales contracts signed for homes with the Pending Home Sales Index data released by the National Association of Realtors (NAR) ...
Read More »Inventory Shortage Cramps Demand for Homes
Demand for housing took a hit in February as a shortage in supply of homes resulted in a lesser number of buyers making an offer according to the ...
Read More »Mortgage Rates Surge
Mortgage interest rates on conventional purchase-money mortgages increased in February from the month prior according to data from the Monthly Interest Survey released by the Federal Housing Finance ...
Read More »High Home Prices Are Here to Stay
Home prices continued to rise in January reporting an annual growth of 6.2 percent according to the latest S&P CoreLogic Case-Shiller Home Price Index that was released by ...
Read More »Up Your Commute Time for a Dramatic Decrease in Home Prices
For Seattle residents, 15 minutes and 40 minutes in the rush hour traffic could mean the difference between owning a home that costs over $900,000 and one that ...
Read More »Study Says: Home Sales to Remain Flat
As we get into the homebuying season, it’s time to look at some of the trends that began last year and are still defining 2018. The National Housing ...
Read More »How Language Impacts Homeownership
Can a person’s language preference keep them from achieving the American Dream of owning a home? According to a study by the Urban Institute, the answer is yes. ...
Read More »NYC’s Luxury Housing Market Feels the Nor’easter Chill
Luxury housing sales in the tony Manhattan area of New York are declining and it’s not just the winter chills of the fourth Nor’easter the city experienced in ...
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