While JPMorgan Chase’s net income for the second quarter stayed relatively flat from a year ago, mortgage banking income took an upward turn.
Read More »Fed: ‘Modest’ Economic Growth Not Slowing Housing
While economic growth may have been modest across Fed districts, the central bank reported that residential real estate activity is strengthening.
Read More »Foreign Troubles Create Robust Buyers’ Market In U.S.
Recent international market blockbusters like China’s slowing economy and the U.K.’s decision to leave the European Union were significant enough for Freddie Mac to revise what it had expected to happen in the U.S. economy.
Read More »Share of Student Loan Debt-Laden Borrowers Rising
Recent reports saying that borrowers burdened with student loan debt are having a hard time attaining homeownership. Those reports may be exaggerated, however.
Read More »Will Increased Earnings Mean Good News for Housing?
The New York Fed showed that consumers’ earnings and income growth expectations rebounded while medium-term inflation expectations rose in June. What could this potentially mean for housing?
Read More »Lower-Wage Earners Spend Larger Share on Mortgages
Low mortgage rates may be enticing new homebuyers, but according to one report, not everyone is able to easily keep up with their payments.
Read More »Jobs Report Dazzles, But Will Housing Benefit?
June’s employment situation from the Bureau of Labor Statistics fared substantially better than May's. But it may not have any positive effects on the housing market, one economist cautioned.
Read More »Proximity to Live Music Venues May Affect Home Prices
According to an analysis from Realtor.com, home prices tended to higher where the homes were in walking distance from outdoor concert venues.
Read More »Already Low Mortgage Rates Drop Even Lower
The current 30-year FRM average rate is only 10 basis points higher than its all-time low; Freddie Mac attributed this to continued fallout from the U.K.’s Brexit vote two weeks ago.
Read More »Which Presidential Candidate Will Best Serve Housing?
Where will the housing market stand post-election? Consumers have contrasting opinions on how they foresee the evolution of the housing market after the new president takes office.
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