The headline numbers were lower than expected for the latest Employment Situation from the Bureau of Labor Statistics. The report contained a bright spot, however, in hourly wage gains. How will wage growth affect housing going forward?
Read More »Pending Home Sales at Lowest Level in a Year
The ongoing inventory shortage is having an adverse effect on contract signings for homes, according to the National Association of Realtors.
Read More »Will FHA Further Cut MI Premiums?
It has been two years since the FHA lowered its mortgage insurance premiums down to 0.85 percent. Is another reduction in the cards as the Obama Administration nears its conclusion?
Read More »Castro Notes Accomplishments in Farewell Memo
As his tenure as HUD Secretary winds down, Julián Castro covered some of the achievements the Department made under the Obama Administration and also some of the work that lies ahead.
Read More »Happy New Year . . . Rates Reverse Course
Both 15- and 30-year fixed-rate mortgage interest rates retreated to open 2017 after two months of steady increases. How does this stack up with analysts' expectations?
Read More »Buying Beats Renting, but for How Long?
In many markets, buying a home is more affordable than renting, but rising mortgage rates may reverse that in the coming year.
Read More »OCC: Bank Trading is Up, Credit Risk is Down
Net current credit exposure, the metric the OCC uses to evaluate credit risk in bank derivative activities, is currently only a fraction of what it was at the start of the crisis.
Read More »Uncertainty Clouds Fed’s Economic Outlook
According to the Federal Open Market Committee, participants expect the economy to continue to expand at a moderate pace and for the labor market to strengthen further, but uncertainty lingers among FOMC members as to the new administration's fiscal policy.
Read More »Here are the Cities Where Newer Homes Rule
Recent reports may have indicated that new single-family home construction is below its pre-recession levels, but one analysis found no shortage of newly-built homes in several markets.
Read More »Millennials Desire Homeownership, But …
The data shows that adults ages 18 to 34 have a strong desire to own a home. What factors are keeping it from happening?
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