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Why Don’t More Millennials Own Homes?

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.

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Homebuyer Demand for Air Conditioning Heats Up

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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.

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Mortgage Apps Move Upwards

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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.

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Millennials vs. Credit Scores

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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?

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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.

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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.

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