A coalition of housing industry trade groups have requested that the White House’s National Economic Council push the FHA to slash its mortgage insurance premium to put more money into the pockets of home buyers.
Read More »Higher Mortgage Rates Push Refis Down More Than 80% YoY
Overall mortgage application volume dipped yet again this week, falling 1.2% week-over-week according to the MBA, with rates edging near the 6%-mark and forcing more homebuyers to the sidelines.
Read More »Report: Market Downturn Won’t Yield 2008 Market Crash Results
Brace has observed in its latest Mortgage Servicing Pulse that changes in Servicing regulations following the Great Recession, coupled with accelerated digital adoption during the Covid pandemic, have ...
Read More »15-Year Mortgages Remain Bargain Compared to Other Options
Mortgages rates, topping 5.6% for the first time in over a decade, have fluctuated significantly over the past few months but are now significantly higher than they were ...
Read More »All Regions Report Home Price Appreciation, But Is It Sustainable?
According to the latest Home Data Index Market Report from Clear Capital, home price appreciation cooled markedly in August as it’s proprietary Clear Capital Home Data Index for ...
Read More »Home Affordability Hits Another Low in Q2
While many in the housing market are predicting a shift in power to buyers' favor, that switch may not be coming anytime soon to according to a recent ...
Read More »Lock Volume Plummets Nationwide on Rising Rates
Black Knight, Inc. has announced the release of its latest Originations Market Monitor report, looking at mortgage origination data through August month-end. Leveraging daily rate lock data from the Black Knight Optimal ...
Read More »Recession Perception Increasingly Affecting Homebuyers
In order to better understand the sentiment and experiences of buyers, sellers, and renters currently on the market for homes, the Realtor.com Economics team has conducted a randomized ...
Read More »The Average Homeowner Gained $60k in Equity YoY
Home equity hit a new high in the second quarter according to CoreLogic, as homeowners with mortgages gained a collective $3.6 billion year-over-year over the course of a ...
Read More »Market Trends: Where’s the Best State to Retire?
Retirement often brings a slower pace of life, and choosing where to settle down can be a great decision. For this study, Bankrate considered some of soon-to-be retirees ...
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