Redfin measured housing markets' hotness based on the percentage of homes most likely to go under contract within 14 days. In the top three markets, more than 60 percent of homes met this criteria.
Read More »Homebuyers Break Even Fastest in These Cities
Zillow's Breakeven Horizon for the first quarter of 2016 was about one year and eight months, approximately three months shorter than it was at the end of 2015. See which cities homebuyers can break even on a home purchase fastest.
Read More »Low Mortgage Rates Spur Refinances
Total refinance volume between Fannie Mae and Freddie Mac increased in April due to falling mortgage rates, according to the Federal Housing Finance Agency (FHFA).
Read More »America’s Views on Owning a Home
As for the growing sentiment in the mortgage industry that millennials are not interested in homeownership, the survey results seem to indicate the contrary.
Read More »Hispanic Homeownership and Wealth in Perspective
As it turns out, last year’s encouraging trend among Hispanic homeowners belies a widening gap in wealth between Hispanics and whites, according to a new report by Hispanic Wealth Project that looks at the past few years.
Read More »Western Region Goes Against Homeowner, Appraiser Trend
Western homeowners went against the nationwide trend of homeowners overvaluing their homes. Instead, their estimates came in much lower than appraised values
Read More »Lender Sentiment Leans Toward Purchase Mortgages
Mortgage lenders reported demand growth for GSE eligible purchase mortgages over the past three months rebounded significantly in the second quarter this year.
Read More »Investors: 10 States With the Best Economies
WalletHub identified that states that embody these conditions, finding that Utah, Washington, and California, by far, have the best economies.
Read More »Is Student Debt Holding Back Homeownership?
A recent survey from the National Association of Realtors and SALT found that 71 percent of non-homeowners repaying their student loans on time believe their debt is preventing them from purchasing a home.
Read More »A Look Inside HMDA
Today’s lenders are learning how to navigate the rules’ changes, as cost and compliance issues arise. Editor's note: This select print feature appears in the June 2016 edition of MReport magazine.
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