The Federal Reserve Bank of Atlanta has found that affordability has declined for five consecutive months, with the supply of available homes nationwide plummeting to just one month amid continued high demand.
Read More »Mortgage Rates Trend Upward After Six-Week Decline
Rates remained below 3% but leapt this week following a strong U.S. jobs report and strong growth in the economic sector.
Read More »Angel Oak Exceeds $10 Billion in Lifetime Non-QM Production
Lender hits milestone achievement via non-traditional lending offerings catering to freelance and non-traditional employees.
Read More »Housing Payments Cutting Deeper Into Monthly Income
With housing prices on the rise, an increasing amount of monthly income is being dedicated toward housing, with rent paid as a share of income forecast to exceed 30% by December.
Read More »Chase Makes $3 Million Investment in Appraiser D&I
Through a three-year financial pledge, Chase intends to boost diversity and inclusion efforts, and facilitate entry into the appraisal profession.
Read More »Fannie Mae Opens the Door for Renters to Become Homeowners
New underwriting changes will allow the GSE to incorporate consistent rent payment history in evaluating credit to qualify more borrowers for mortgages.
Read More »Rocket Homes Launches Single-Platform for Buyers and Sellers
By combining all aspects of the homebuying and selling process into one platform, users can create their own homebuying/selling experience.
Read More »Examining the Importance of Real Estate’s Emerging Technologies
A new poll has found that cybersecurity and the use of drones top real estate agents’ most sought-after and used tech tools.
Read More »Housing Inventory Gets Boost From Smaller Homes
More smaller homes are being listed, injecting some much-needed supply into the nation’s housing market as new listings rose 6.5% in July.
Read More »Home Purchases Begin to Eclipse Refis
For the first time in 18 months, the share of refis has dipped below the share of home purchases with the summer home sales market heating up.
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