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Using newly released data from the Census Bureau, a new blog post outlines how affordability declined during the pandemic, increasing the number of households that are “cost-burdened”—those that pay more than 30% of their income on housing.

“With 1.3 million loans still in active forbearance along with the renewed focus on servicing from the CFPB and other regulators, servicers and lenders alike must be diligent in their compliance practices,” said Nick Volpe, ACES EVP.

Paul Buege, President/CEO of Inlanta Mortgage, explains that through education and knowledge, homeownership can become a reality despite the forces of affordability and other factors that stand in the path of today’s buyers.

The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 3.4 points in June to 64.8, its second-lowest reading in a decade, according to their latest report. Surveyed consumers ...

Updated FHA guidance to provide flexibility for lenders when calculating “effective income” for borrowers with previous COVID-related employment gaps or loss of income.

As older generations of homeowners age out of their homes at higher-than-normal rates over the next decade, it could free up 4 million units of inventory. But will that be enough to offset factors keeping homeownership out of reach for many?

Fixed-rate mortgages took a 0.40% dip this week on the heels of recent volatility of the 10-year Treasury yield.

The median monthly asking rent in the U.S. surpassed a whopping $2,000 for the first time in May rising 15% year-over-year to a record high of $2,002—according to ...

Ongoing affordability challenges and low inventory are pushing mortgage application volume back down, after a near-month-long stretch of trending upward, according to the MBA.

A new study from USMI has found a nine-year reduction in wait time in achieving homeownership to just five years with a 5% down payment insured mortgage.