Home price appreciation in the second quarter largely negated a modest reduction in interest rates, driving housing affordability down.
Read More »What’s in a Credit Score? Many Consumers Don’t Know
A borrower’s credit score can make or break a lender’s decision on whether or not to approve a mortgage loan. Yet studies show many consumers hold mistaken beliefs about factors that affect their scores.
Read More »Meeting in the Middle: Economics Push Residents Inland
The last decade has seen many residents relocate to the East and West Coasts due to the strong job markets in those locations as well as employment and income growth. But a recent survey found that trend is likely about to change.
Read More »Single-Family Rentals Boom in Markets Hit Hardest by Crisis
Markets that were most affected by the housing crisis have seen the largest increases in single-family rental homes.
Read More »Mortgage Debt Declines in Consumer Debt Picture
While household debt increased in Q2, the mortgage sector’s share of that debt declined from a huge spike in the first quarter, according to the New York Fed.
Read More »Homeowners’ Estimates Rising Along With Appraisals
The gap between what homeowners perceive their homes to be worth and the average appraisal shrank in July after expanding in June, according to analysis released Tuesday.
Read More »Consumer Confidence in Housing Hits All-Time High
Consumers' confidence in the U.S. housing market is now at an all-time high as two-thirds of consumers who intend to move said they plan to buy a home, according to Fannie Mae.
Read More »The Best Markets for Recent Grads to Settle
The younger millennial generation has a seemingly endless checklist of qualifications for where they want to live once they get college out of the way. Where are the best places for them to live based on their checklist?
Read More »Housing Markets Look a Lot Like Their Pre-Recession Selves
Based on current permit, price and employment data, the nationwide average is running extremely close to its last normal level of housing and economic activity.
Read More »It’s All Good: July’s Jobs Report Makes the Grade
Economists and analysts widely praised July’s Employment Situation from the Bureau of Labor Statistics released Friday, not just for the headline number, but also for the majority of the data contained within.
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