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Lending and Originations

Priced-Out Homebuyers Snapping Up Rental Units, Recruiting Roommates

"With a record number of new units coming onto the market driving rent prices down, those who may have given up hope of homeownership may be able to leverage more affordable rental options—including downsizing to a smaller unit or considering a roommate for the near term—to help build savings for a future home," said Jiayi Xu, Economist at Realtor.com.

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New Home Listings on the Rise

Redfin found that new home listings in September ticked upward, marking the largest increase recorded since February 2022. Click through to find how the overall market has been impacted.

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I Do! (Want a Home)

A new report from Zillow has found that more couples are turning to wedding registries for assistance in buying their first home in lieu of traditional wedding gifts. Read on for details on how many newlyweds are getting creative in their pursuit of homeownership funds.

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Mortgage Rates Push Closer to the 8% Mark

“Incoming data shows that the construction of new homes rebounded in September, but as rates keep rising, home builders appear to be losing confidence,” said Freddie Mac Chief Economist Sam Khater. Check out the data and further insights after the link.

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