Despite the rising cost of building materials and poor February weather, housing starts took off in March reaching new 15-year highs.
Read More »Bill Proposed to Accelerate Affordable Housing Development
Bipartisan legislation geared toward raising the housing credit, the Affordable Housing Credit Improvement Act (AHCIA) of 2021, has been introduced with co-sponsors in both chambers of Congress. The ...
Read More »What is Disrupting the Steady Climb of Mortgage Rates?
The 30-year fixed-rate mortgage (FRM) averaged 3.04%, another decrease this past week, according to Freddie Mac, which Thursday released the results of its Primary Mortgage Market Survey (PMMS). ...
Read More »Optimal Days to List a Home are Fast Approaching
In a market that belongs decidedly to the seller, there's no bad time to list a home, however, the data researchers at Realtor.com say there is an optimal ...
Read More »Home Sale Prices Jump to New Highs
Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high ...
Read More »Analyzing the Swift ‘Shift in the Mortgage Originations Landscape’
An inaugural monthly market report reveals trends that analysts say are direct results of interest-rate increases.
Read More »Telework Fuels the Need for Increased Housing Inventory
A steady rise in the economy will bring more buyers to the market, as sellers are cashing in on buyers seeking larger spaces to accommodate their work from home situations in the new norm.
Read More »How Weather Changes Could Impact Home Values
Many homeowners believe an increase in storms, extreme temperatures, wildfires, and rising sea levels warrant serious concern, and economists say that is valid.
Read More »Sprout Mortgage Taps Santos as New EVP/CIO
Henry Santos brings a strong background in the enterprise technology ecosystem to his new role with the non-QM lender.
Read More »Weekly Report Shows Dip in Purchase and Refi Applications
Elevated mortgage rates early in the week contributed to the decline in applications, economists say.
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