Just 12% of adults are considering buying a home over the next 12 months, according to a poll by the National Association of Home Builders (NAHB). The latest ...
Read More »Positive Signs for Mortgage Applications
Data from the Mortgage Bankers Association shows a 21.7% increase in mortgage applications for the week ending August 9. The Refinance Index increased 37% from the previous week ...
Read More »Dow Falls 800 Points, Recession Worries Sweep Wall Street
Editor's note: This is a breaking story. Please check back for updates. Recession fears filled Wall Street on Wednesday as the Dow Jones crashed, falling more than 800 ...
Read More »New York Fed: Housing Starts, Permits are ‘Anemic’
Merriam Webster's Dictionary defines anemic as: “lacking force, vitality, or spirit.” The Federal Reserve Bank of New York felt that is an appropriate depiction of the current housing ...
Read More »The Growing Concern of Mortgage Debt for Millennials
Experian reports that millennial (those between the ages of 23-38) are on pace to hold more average mortgage debt. Millennials currently have the second-highest average mortgage balance of ...
Read More »Measuring Home Loan Performance
Mortgage delinquencies may be at a record low, but in some parts of the country, many borrowers are still struggling to make their payments.
Read More »Education’s Role in the Homebuying Process
It’s back to school for many children in the U.S. And the quality of that school plays a large role for many prospective homebuyers, according to the National ...
Read More »Housing Inventory Takes a Hit in Q2
Redfin reports that the supply of new homes saw its largest decline in almost six years, falling 1% in Q2 2019. “When there’s a shift in the market, ...
Read More »Homeownership Levels Dropping, But Why?
Despite all signs pointing toward a growing housing sector—record-low mortgage rates, strong refinance activity, and falling interest rates—information from Axios shows homeownership rates are dropping across the ...
Read More »What Millennial Homebuyers Want
Here’s what a study revealed about the features that millennials desire in their home and those they don’t. But which features were absolutely essential in guiding their home buying decision?
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