New Census data has found that a spike in the cost of raw materials and continued supply chain issues has driven up the number of home construction projects that were authorized but not started.
Read More »One-Quarter of Lenders Familiar With Blockchain Technology
In a new blog post, Ryan Jackson of Fannie Mae discusses how the mortgage industry is embracing blockchain technology and what the future holds.
Read More »Gen Z’s Homebuying Impact Across Largest U.S. Metros
Representing the 18-24 age demographic, Gen Z’ers are purchasing a small sliver in the current market, but LendingTree expects a “growing splash” of buyers from this generation in the near future.
Read More »Report: Appraisal Modernization Equals Profits
The journey toward modernization began more than a decade ago with the digitization of appraisal data through the Uniform Appraisal Dataset and the Uniform Collateral Data Portal. A new report examines how this changed the way we think about collateral risk management, enabling new risk-based, data-centric approaches.
Read More »Homeownership Rate Among Millennials Picking Up
The percentage of adults who became homeowners by age 30 for millennials is under 30%, but for the first time, more than half of first-time buyers are millennials.
Read More »Rising Rates Adding up to Mountains of Extra Interest
Mortgage rates have surpassed 5% lately, due in large part to increases to the federal interest rate by the Federal Reserve who in addition to raising the rate twice ...
Read More »Refi Closing Costs Exceed $2,300 in 2021
ClosingCorp, a provider of mortgage and closing cost data and subsidiary of CoreLogic, released its most recent Refinance Closing Cost Report for 2021 finding that the average closing ...
Read More »Home Purchase Sentiment Falls to Lowest Level Since 2020
The latest iteration of Fannie Mae’s Home Purchase Sentiment Index (HPSI) for April decreased by 4.7 points to 68.5, its lowest level since May 2020, as rising mortgage rates and ...
Read More »Spring & Summer Remain Best Times to Sell Homes
ATTOM Data, a national provider of real estate and property data, has released its annual analysis of the best days of the year to sell a home and ...
Read More »In Search for Affordable Homes, Where Are Buyers Turning?
Buyers are exploring more options to find additional money in their budget due to intensifying cost pressures which is resulting in increased interest in buyers relocating to a ...
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