Freddie Mac on Thursday will release its weekly Primary Mortgage Market Survey. The PMMS is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down ...
Read More »Competition Remains Fierce Among Buyers
Agents say anything on sale for less than $600,000 has multiple offers. Experts explore what is causing such conditions.
Read More »Study Shows Black Homebuyers Paying More
Not everyone is able to take advantage of record-low mortgage rates. A new study reveals why Black borrowers are more likely to have higher-rate loans.
Read More »Jobs Report Reveals Improvement
This morning’s jobs report from the Bureau of Labor Statistics (BLS) showed ongoing recovery in the labor market, though what it all means is up for analysis. Doug Duncan, Chief Economist ...
Read More »More Millennials Buying Homes Despite Short Supply
To keep them interested, researcher analysts said, it is imperative lenders educate millennial borrowers on all loan types, including affordable options with less stringent credit requirements such as FHA loans.
Read More »Mortgage Rates Near Record Lows
There was a boost in the 30-year-fixed-rate-mortgage, which averaged 2.93% with an average 0.8 point for the week ending September 3, according to FreddleMac. It’s an uptick from last week, when it ...
Read More »HMBS Issuance in August Hits $859 Million
Year-to-date, there has been $6.7 billion in HMBS issuance, which puts the sector within range of surpassing not only the 2019 total of $8.3 billion but also 2018’s $9.6 billion total and 2017’s $10.5 billion total, according to new data.
Read More »Housing Shortage Reaches More Affordable Cities
Some of the more densely populated and pricier areas reportedly are seeing more homes on the market. new data revealed, but, nationwide, fierce competition among buyers has driven up home prices.
Read More »Many Regret Taking on a Mortgage During Pandemic
A new study revealed that more than half of those who took out a mortgage during the pandemic regret it; a quarter have refinanced; and about half have entered forbearance agreements. Here is what else researchers discovered.
Read More »Opportunity Zones That Are Ripe for Investment
Researchers have created a standardized score to compare every opportunity zone in the U.S. to determine which areas would yield the highest average return on investment.
Read More »