A new report found that the homeownership rate for millennials was lower than for generations past. While the reasons are many and varied, here’s what the researchers recommended to tackle this challenge.
Read More »Homebuyer Demand for Air Conditioning Heats Up
Once considered a luxury feature, in-home AC systems are becoming a must amid the nation’s recent string of unseasonably hot summers, according to a report. And homebuyers are willing to pay a premium to keep their cool.
Read More »Fannie Mae Expands Mortgage Insurance Options for Lenders
Fannie Mae’s recently introduced Mortgage insurance product gives lenders another option for obtaining mortgage insurance that satisfies the GSE’s charter requirement for high-LTV loans. Here are the details.
Read More »Mortgage Apps Move Upwards
After two weeks of decline, loan applications are rising as mortgage rates remain steady. Here’s a breakdown of how various mortgage apps have performed.
Read More »Millennials vs. Credit Scores
A new report found significant difference in credit scores of millennial homebuyers across the country. Do these swings highlight the millennial perception of needing perfect credit scores to qualify for a mortgage?
Read More »What’s Worrying Mortgage Lenders in 2018?
A new survey asked mortgage industry professionals what were the headwinds that the housing market faced in 2018 and what challenges were they saw during the year. Here’s what it found.
Read More »Montgomery Talks FHA Challenges and Goals
From challenges in updating technology and filling staff vacancies, to addressing falling minority homeownership rates, FHA Commissioner Brian Montgomery spoke to press Tuesday about the goals and challenges he’s facing after returning tom the agency.
Read More »The Ebbing Appeal of Waterfront Homes
A new report shows that while people still like to live at water's edge, they're apparently rethinking whether it's worth buying a home. Here’s why.
Read More »Home Wasn’t Built in a Day
From permit stage to home sweet home, it took an average of 7.5 months to complete construction of a single-family house last year, an annual survey reveals, but some U.S. regions saw that wait time reach into the double digits.
Read More »10 Fastest Appreciating Housing Markets in the U.S.
A new report has found that home prices in five states are appreciating much faster than the rest of the country. Which are these states?
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