For the third consecutive month in April, pending home sales rose to reach their highest level since February 2006, showing strong promise of more buyers entering the market.
Read More »Which States Saw Home Price Declines?
Home prices have been on an upward path for the last few years, but 12 states broke the trend and experienced home price depreciation in the first quarter.
Read More »Mortgage Balances Lead Overall Household Debt
Mortgages, the largest component of household debt, increased in the first quarter due to the year-over-year uptick in originations.
Read More »A Contrasting Financial Picture 7 Years Post-Crisis
The Federal Reserve Board found that American families experienced continued mild improvement in their financial well-being in 2015, but many families were struggling financially and felt excluded from economic advancement.
Read More »New Home Sales Skyrocket to an 8-Year High
New single-family home sales did something remarkable this month. Sales in this sector rose significantly month-over-month and year-over-year to reach the highest level since 2008 despite falling inventory levels.
Read More »What is Driving Risk Higher on First-Time Buyer Loans?
What led to risk of default on agency first-time buyer mortgages reaching a series high in April?
Read More »Present and Future Look Bright for Jumbo RMBS
What factors have led to improved credit performance of jumbo residential mortgage-backed securities?
Read More »Refinancing Takes a Tumble
Despite the current, historically low-interest rate environment, homeowners are still stalling on refinancing their home.
Read More »House Grants MLOs Transitional Licensing
The U.S. House of Representatives unanimously passed the SAFE Transitional Licensing Act by voice vote. The bill could alter the way that mortgage loan officers at a federally-insured institution move to nonbank lenders.
Read More »Is Homeownership Out of Reach for Millennials?
New research shows that millennial renters want to purchase a home, but based on current savings rates, they may need to save up for a decade or longer before they are able to come up with a 20 percent down payment.
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