The good news is that purchase loans are closing in record time. The bad news is that FICO scores are going down as interest rates go up.
Read More »HOA Fees Outpace Home Prices
The average monthly Homeowners Association fee was $250 in 2005, but by 2015, that number grew to $331.
Read More »Good Time to Buy a Home, NAR Survey Reveals
The majority of respondents to a recent survey by the National Association of Realtors said they believe this is a good time to buy or sell a home, that the economy is improving, and that housing prices will continue to escalate.
Read More »Fannie Mae Stays Bullish Looking at 2017
GSE says slow consumer spending in January should not dampen the national economy. Jobs and residential construction key to GDP growth.
Read More »Federal Reserve Confirms Rate Hikes, What’s Next?
Looking forward, experts discuss what effects the rate hike may have.
Read More »Equifax’s Data and Analytic Services Receive Upgrade
A new data and analytics portfolio will boost Equifax's risk and marketing programs while enhancing the delivery of their services.
Read More »Brisk Spring Market Predicted Despite Rising Interest Rates
Millennials and first-time home buyers are expected to continue buying homes regardless of a mortgage rate increase, according to real estate and title professionals.
Read More »High Rent and More Homeownership in Major Financial Centers
The rising rent costs could mean now is a good time to buy a home in the U.S., especially in high-rent financial centers like New York and San Francisco, as high rents in these areas may cause some consumers to switch from renting to homeownership.
Read More »New Home Purchases Jump 16 Percent Annually
Mortgage applications for new homes are up nearly 16 percent over the year and 2 percent since January 2017, according to recent data.
Read More »Appraisers and Homeowners Disagree
Home appraisals were an average of 1.69 percent lower than what homeowners expected, a gap that has widened for the third month in a row.
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