The mortgage industry is now anticipating where new single-family home sales will fall, following existing-home sales major feat against supply challenges last week.
Read More »Housing to Stay the Course Despite Straying Economy
While the outlook for overall economic growth is darkening, the housing market is expected to keep up its momentum in 2016, according to Freddie Mac’s April 2016 Economic ...
Read More »Market Conditions Trouble Buyers
First-time homebuyers are faced with two major challenges in the housing market that are keeping them from purchasing a home: scarce inventory and higher home prices.
Read More »Mortgage Roundup: Rates Hover Near 3-Year Lows, Applications Rise
Interest rates for home loans remained near 3-year lows this week, while coincidentally, mortgage applications experienced a jump. Are consumers finally taking advantage of historically low rates?
Read More »Home Price Gains Slow to a Crawl
Although home prices continued their upward trek all over the country, they are doing so at a much slower pace, according to data on the recent U.S. House Price Index (HPI) released by the Federal Housing Finance Agency (FHFA).
Read More »U.S. Bancorp Escapes Most Banks’ Q1 Fate
Most banks and other financial firms reported dismal first quarters compared to a year ago. U.S. Bancorp was different, however.
Read More »Mortgage Insomnia—Homeowners Stressed With Payments
Financial hardships are keeping Americans tossing and turning at night, and mortgages are one the top concerns causing sleeplessness, according to a new CreditCards.com poll.
Read More »3 Things to Know About the Home Building Dilemma
Robert Dietz, Ph.D., Chief Economist and SVP for Economics and Housing Policy for the National Association of Home Builders sat down with MReport to provide a complete view of some of the pros and cons within the home building picture.
Read More »Financial Institutions Grapple With Compliance Costs
A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.
Read More »Where are the Most Overleveraged Mortgage Debtors?
Homebuyers often bite off more than they can chew when purchasing a home which can place them into mortgage debt due because they can no longer afford the home. See which cities host the most overleveraged borrowers.
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