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Examining Homeownership Rates Nationwide

As the nationwide homeownership rate sits at nearly 70%, a new study from PropertyShark revealed which economic factors continue to impact U.S. rates. Percentages in coastal and southern states have seen a sharper decline compared to states like New York or California.

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Cracks in the Foundation?

MortgagePoint examines the impact of the recent bank failures on the mortgage space, with a cross-section of experts imparting their perspectives on how to avoid similar issues in the future.

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30-Year Mortgage Stands at 6.39%

According to new research from Redfin, the historic drop in active listings due to the “lock-in” effect is bringing back the pandemic trend of bidding wars as homeseekers compete for a shrinking share of homes.

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Fannie Mae and Freddie Mac Show Strong Q1

Both GSEs helped promote sustainable homeownership and rental opportunities nationwide in Q1 of 2023, amid an uncertain economic quarter highlighted by continued Fed rate hikes and several bank failures.

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