Of all the major purchases in life, a home purchase in probably the biggest investment a consumer will make. So, it's surprising to find that homebuyers spend more time researching a car than their home loan.
Read More »Another Non-Bank Servicer Counts its Losses
Nationstar was the only one of the three largest non-bank servicers rated by Moody's to turn a profit in 2015, but the Dallas-based servicer couldn't keep it up in the first quarter of 2016. What caused the net loss for Nationstar, and which segments of the company performed well in Q1?
Read More »Home Prices Nearly Halfway Recovered From Bottom
Home prices continued to keep their rising pace in March 2016 and are up 40 percent from the bottom hit five years ago, CoreLogic reported in its Home Price Index and HPI Forecast.
Read More »Is a Bubble Forming in Real Estate?
As home prices continue to surge upward, many in the industry are beginning to wonder if a housing bubble is imminent, or worse, if yet another financial crisis is in the making.
Read More »Construction One Step Closer to Resolving Supply Issues
After experiencing the largest decline in three months and raising unexpected concerns among market watchers in the industry, U.S. construction spending bounced back in March, the U.S. Census Bureau of the Department of Commerce announced Monday.
Read More »Existing Sales Rise Above Market Volatility
Global market turmoil coupled with supply and demand troubles have not been enough to restrain home sales, which continue remain on a strong path supported by positive labor gains.
Read More »Affordability Muted by Rapid Home Price Growth
Although mortgage interest rates continue to remain at historical lows, the benefits of this current environment are not being taken advantage of by borrowers due to one pressing factor in the market: surging home price increases.
Read More »Homeownership Rate Drops, But Not For Everyone
The nationwide homeownership rate in Q1 fell back to near the five-decade low from last year. But for one particular demographic, the rate is on the way up.
Read More »Is Another Recession on the Horizon?
While nearly everyone was expecting weak GDP growth for the first quarter, the advance estimate reported weaker growth than what was expected.
Read More »Mortgage Roundup: What is the Deal With Rates, Applications?
Mortgage rates and applications had been on a continuous trend of low rates and high applications, but they have now changed course and are heading in an opposite direction.
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