According to Urban Institute authors Michael Neal and Daniel Pang, the current environment of rising interest rates has important implications for the wealth gap between white and Black ...
Read More »Examining the Nation’s Most Vulnerable Housing Markets
ATTOM has released a Special Housing Risk Report spotlighting county-level housing markets around the United States that are more or less vulnerable to declines, based on home affordability, ...
Read More »Op-Ed: How Mortgage Lenders Can Assist Buyers Through a Challenging Marketplace
Despite the negativity surrounding the housing space, mortgage lenders can lead the way. Abby Waltz of Homes for Heroes explains how to show clients ways to uncover opportunities in today’s marketplace.
Read More »House Passes Bill to Modernize VA Loan Appraisals
House measure seeks to level the playing field for U.S. veterans in pursuit of homeownership through adoption of a modern, digital appraisal process for VA loans.
Read More »Mortgage Rates Eclipse the 6% Mark
Freddie Mac reports the fixed-rate mortgage hit an average of 6.02% this week, a high point not seen since 2008 as affordability conditions continue to worsen for many potential buyers.
Read More »Homebuyers Find More Options in Fall
Since the start of the pandemic, homes have been in high demand leading to fierce competition, rapidly depleting inventory, soaring prices, and a swift market pace. Realtor.com recently ...
Read More »New Mortgage Payments Up $800 YoY
It’s no secret that the combination of rising home prices along with a trend of increasing interest rates have made buying the typical single-family home much more expensive, if ...
Read More »Building Generational Wealth by Lowering the FHA’s MIP
A coalition of housing industry trade groups have requested that the White House’s National Economic Council push the FHA to slash its mortgage insurance premium to put more money into the pockets of home buyers.
Read More »Higher Mortgage Rates Push Refis Down More Than 80% YoY
Overall mortgage application volume dipped yet again this week, falling 1.2% week-over-week according to the MBA, with rates edging near the 6%-mark and forcing more homebuyers to the sidelines.
Read More »Report: Market Downturn Won’t Yield 2008 Market Crash Results
Brace has observed in its latest Mortgage Servicing Pulse that changes in Servicing regulations following the Great Recession, coupled with accelerated digital adoption during the Covid pandemic, have ...
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