According to the Federal Reserve, Americans saw a $17 billion increase in nonrevolving debt. Here's why the National Association of Homebuilders called this increase good news for potential homebuyers.
Read More »Can Technology Solve the Affordable Housing Crisis?
One of the major issues surrounding the housing market currently is the struggle to find affordable housing. The National Association of Home Builders (NAHB) reported in May that ...
Read More »Newest Primary Mortgage Market Survey Released
The average rate for a 30-year fixed-rate mortgage was unchanged for the week ending July 11, remaining at 3.75%, according to Freddie Mac’s latest Primary Mortgage Market Survey. ...
Read More »Amazon’s Impact on the Housing Market
Amazon’s heralded HQ2 has yet to break ground in northern Virginia, but a report by the The New York Times states its pending opening has wreaked havoc on ...
Read More »Hurricane Barry to Hit the Gulf Coast
What will be the impact of storm surges caused by the hurricane on homeowners and properties in its path? MReport looks at how such storms and other natural disasters impact the mortgage industry.
Read More »Connecting Education to Affordable Housing
Although home values have risen in recent years, Zillow reports that the average home in 36 of the nation’s 50 largest metros are affordable to households that an ...
Read More »Analyzing the Impact of Wildfires on Housing
Hurricane season in the Atlantic Ocean is underway and the star of another summer in the west is a cause for concern for CoreLogic, as it revealed more ...
Read More »Access to Housing Focus of Proposed Bill
Senator Kamala Harris (D-California) and Rep. Alexandrea Ocasio-Cortez (D-New York) collaborated to introduce the Fair Chance at Housing Act of 2019, according to CBS News. The bill is ...
Read More »Competition for Homes Dwindling Across the Nation
Redfin reports that just 12% of offers faced a bidding war in June 2019, which is a 52% decrease year-over-year. The report added that despite the cooling, San ...
Read More »Housing Investment Weakening, Says Powell
Learn more about what Fed Chair Jerome Powell had to say about the Fed’s monetary policy, economic outlook, and President Trump’s recent remarks during his semi-annual testimony to the House Financial Services Committee.
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