The ongoing inventory shortage is having an adverse effect on contract signings for homes, according to the National Association of Realtors.
Read More »Will FHA Further Cut MI Premiums?
It has been two years since the FHA lowered its mortgage insurance premiums down to 0.85 percent. Is another reduction in the cards as the Obama Administration nears its conclusion?
Read More »Castro Notes Accomplishments in Farewell Memo
As his tenure as HUD Secretary winds down, Julián Castro covered some of the achievements the Department made under the Obama Administration and also some of the work that lies ahead.
Read More »Poll: Homeownership is Low on the Priority List
The vast majority of consumers in debt have made getting out of the red as a top financial goal for 2017, with purchasing a home trailing by a long shot, according to a recent survey.
Read More »Happy New Year . . . Rates Reverse Course
Both 15- and 30-year fixed-rate mortgage interest rates retreated to open 2017 after two months of steady increases. How does this stack up with analysts' expectations?
Read More »Buying Beats Renting, but for How Long?
In many markets, buying a home is more affordable than renting, but rising mortgage rates may reverse that in the coming year.
Read More »OCC: Bank Trading is Up, Credit Risk is Down
Net current credit exposure, the metric the OCC uses to evaluate credit risk in bank derivative activities, is currently only a fraction of what it was at the start of the crisis.
Read More »Predicting the Path of Mortgage Rates in 2017
Interest rates on fixed-rate mortgages have risen by approximately 75 basis points over the last eight weeks and are at a two-year high. But how much higher are they going to get over the next 12 months?
Read More »Uncertainty Clouds Fed’s Economic Outlook
According to the Federal Open Market Committee, participants expect the economy to continue to expand at a moderate pace and for the labor market to strengthen further, but uncertainty lingers among FOMC members as to the new administration's fiscal policy.
Read More »Here are the Cities Where Newer Homes Rule
Recent reports may have indicated that new single-family home construction is below its pre-recession levels, but one analysis found no shortage of newly-built homes in several markets.
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