A new blog post by David Luberoff and Chris Herbert, from the Joint Center for Housing Studies at Harvard University, discusses digitalization in a changing real estate market.
Read More »Fannie & Freddie to Use New Credit Scoring Models
The Federal Housing Finance Agency approved the use of FICO 4T and VantageScore 4.0 to score applicants for government-sponsored loans. Click through to find out more about these new scoring models.
Read More »Home Prices Continue to Decelerate Nationwide
The S&P CoreLogic Case-Shiller National Home Price NSA Index for August 2022 reported home price gains continued to slip, as inflation hit a four-decade high, resulting in less money in the pockets of Americans and diminished budgets.
Read More »Banner Year for Student Housing
While rent growth begins to decelerate, the latest study from Yardi Matrix found that many universities nationwide are experiencing exceptional growth, as nearly 200 universities with four or more properties analyzed recorded double-digit annual rent growth as of September.
Read More »Mortgage Originations Slow, Home Equity Opportunities Persist
A new study from TransUnion revealed an overall decrease in the number of consumers actively seeking a mortgage, however, some consumer and lender opportunities remain.
Read More »Lower Volume, Staffing Cuts Expected in 2023
The most recent outlook from the Mortgage Bankers Association expects total origination volume to decline nearly 10% next year. Click through to find what else the MBA is forecasting.
Read More »New Listings Plummet Over 20% in September
While home prices rose nearly 10% year-over-year due to persistently scarce housing supply and rising inflation, buyers and sellers nationwide retreated in September as surging mortgage rates made moving more expensive.
Read More »Where the Grass Is Greener
Why is it getting harder to keep good mortgage loan officers? Brian Miller of Planet Home Lending discusses five keys to retaining that talent.
Read More »Limited Inventory Still Hampering Home Sales
In September 2022, existing-home sales fell for the eighth consecutive month. “The current lack of supply underscores the vast contrast with the previous major market downturn from 2008 to 2010, when inventory levels were four times higher than they are today," said Lawrence Yun, Chief Economist for NAR.
Read More »Rental Affordability Window Closing for Many
While mortgage rates are discouraging buyers' homeownership goals, quickly rising interest rates continue to hamper renters’ already limited buying power in the nation’s most expensive markets.
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