A strong economy and positive employment numbers factor into the Federal Reserve’s decision not to raise rates.
Read More »Technology Helps Match Buyers With Their Dream Home
According to the National Association of Realtors, up to 95% of buyers now use the internet at some point during their search process.
Read More »Rising Home Prices Further Curtailed Affordability in Fall
More than half of the 20 markets reported by S&P CoreLogic Case-Shiller experienced increased price growth in November, particularly in the nation’s warmer markets.
Read More »Freddie Mac: Despite Rate Hike, Housing Market Stability Ahead?
Home purchase mortgage originations are anticipated to grow from $1.9 trillion in 2021 to $2.1 trillion in 2022, and $2.2 trillion in 2023, according to a new Freddie Mac forecast.
Read More »Fannie Mae Examines Appraisal Inequality
In breaking down 1.8 million appraisals over 2019-2020, the GSE investigates divergent appraisal values among Black and white borrowers.
Read More »The Average Home Now Costs More Than $475k
Lack of sufficient inventory combined with inflation and the threat of rising interest rates continue to put pressure on the market.
Read More »Mortgage Rates Climb for the Second Consecutive Week
After weeks of hovering just above the 3% mark, mortgage rates changed course for the second straight week, reaching highs last seen prior to the pandemic.
Read More »Mortgage Apps Rise, as Affordability Concerns Linger
A rise in rates over the last week did not stop the charge of conventional purchase applications, as prospective buyers locked in rate before even more drastic increases.
Read More »The Midwest: Where Saving for a Down Payment is Easiest
Saving for a down payment is one of the most important steps in the homebuying process. But as the average home price eclipses $380,000, the amount buyers need to save up ...
Read More »Credit Supply Increases Nationwide in December
Nationally, mortgage credit availability was on the rise to close out 2021, hitting levels last seen in May 2021, yet 30% below pre-pandemic levels.
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