Nationally, mortgage credit availability was on the rise to close out 2021, hitting levels last seen in May 2021, yet 30% below pre-pandemic levels.
Read More »Homeowners Gain Nearly $225K in Equity Over the Past Decade
Homeowners in metro areas are likely to have accumulated enough equity in the past 10 years to purchase a single-family home.
Read More »Poll Indicates Buyers Overwhelmingly Stressed About Their Purchase
Searching for the perfect home requires a little give and take; you have to balance location, price, and style among other things. And in the current market, where the average home is now going for $380,000 and are selling in ...
Read More »On Average, Millennials Are Paying More for Starter Homes
Homeowners spent an average of five years in their first home, with millennials spending four, and paying higher prices for their first home.
Read More »Home Sales Saw Largest Monthly Decline Since Pandemic Onset
Housing supply fell to a new low in December 2021, fueling a 3.6% month-over-month drop in home sales, severely affecting housing demands.
Read More »Exclusive Bidding Rights on HUD Homes Extended
As part of the Department of Housing and Urban Development’s mission to increase homeownership among credit-worthy low- to moderate-income people, the agency has announced that it is extending the Exclusive Listing Period for HUD ...
Read More »What Factors Are Holding Back Black Homeownership?
Applying for a mortgage is one of the most important applications most will ever fill out in their lifetimes; getting denied because of simple omission can set the ...
Read More »Refinances, Renovations Expected to Increase in 2022
Some 72% of homeowners are considering renovations or upgrades to their home, and 37% are seeking to apply for home refinance. A new report digs into what generational cohorts are planning and prioritizing when it comes to housing.
Read More »Mortgage Rates Shift to Kick Off New Year
Inflationary concerns, spurred by continued labor and supply chain issues, forced mortgage rates to jump by 0.23% this week, as rates rose across all mortgage loan types.
Read More »Fannie Mae Launches Online Tool for Homebuyers
Preparing consumers for all stages of the mortgage and buying process, Fannie Mae announced the launch of HomeView, the company's new online homeownership education course. Available free of ...
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