As housing affordability remains a concern for many Americans, a new Point2 study revealed the biggest U.S. cities where it's easiest for Gen Zers to become homeowners—and locations where it's nearly impossible.
Read More »The Week Ahead: Senate Examines Reauthorization of the National Flood Insurance Program
As the deadline nears for the renewal of funding for the National Flood Insurance Program, the Senate Banking Committee will spotlight the importance of the program, and how a lapse in the program could threaten 1,300 property sales each day.
Read More »Ally Financial to Appoint New Interim CEO
With his career spanning more than three decades, Ally Financial has announced that industry veteran Douglas Timmerman, President of Dealer Financial Services, will be appointed as the company's interim CEO on February 1, following the departure of sitting CEO Jeffrey J. Brown.
Read More »New Home Purchase Mortgage Apps Post YoY Gain
According to Joel Kan, MBA’s VP and Deputy Chief Economist, “Mortgage applications for new homes showed a 22% annual gain in December—the 11th consecutive year-over-year increase in applications.”
Read More »Rents Outpacing Home Prices in More Than Half the Nation
Rents are elevating, growing at a much faster pace than home prices in most local U.S. markets. According to new data, however, renting remains more affordable than homeownership for many.
Read More »Here or There? Study Spotlights the Best States to Relocate to in 2024
Analyzing data on the quality of healthcare, job openings, the quality of education, the average price of a home, and salaries, a new study has found the nation’s top 10 states to emigrate to in 2024. Click through to see who leads the pack.
Read More »Single Women Outpace Their Male Counterparts in Homeownership
While Beyoncé's smash hit "Single Ladies" highlighted the importance of women's independence, a new LendingTree study revealed that, although they make less in earnings, single women now own more homes than single men throughout the U.S.
Read More »Industry Mourns David H. Stevens, Former FHA Commissioner
The Mortgage Bankers Association (MBA) has announced the unexpected passing of former President and CEO David H. Stevens, CMB. Bob Broeksmit, MBA sitting President and CEO said the industry veteran "is remembered as a great mentor, boss, and friend."
Read More »Where Can the Average American Afford a Studio Apartment?
A new Joybird study revealed the top U.S. cities where and for how much renters can find a studio apartment to call home.
Read More »Empty-Nest Baby Boomers Own the Largest Share of Big Homes
While millennials outpace baby boomers in population, the older generation owns a bigger share of large homes throughout the U.S., according to a new Redfin report. Here are the factors keeping empty nesters in those larger homes—and those homes off the market.
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