Many Americans, discouraged by traditional creditworthiness assessment tools, are giving up on their homeownership dreams, according to a new report from FormFree.
Read More »Uniform Appraisal Dataset Enhanced With New Property Characteristics
The FHFA released new Uniform Appraisal District Data for the first quarter, adding new data points such as lot-size categories, property condition, the presence of an accessory dwelling unit, and local racial demographics.
Read More »Newlyweds Adding ‘A New Home’ to Their Gift Registries
In the wake of wedding season, a new report from Realtor.com revealed some 80% of recent wedding registry creators say that if they were to do it again, they'd include an option for people to gift money toward a down payment on a new home.
Read More »Most 2022 Mortgages Were Originated by Independent Institutions
The share of mortgages originated by non-depository, independent mortgage companies decreased in 2022—but still accounted for 60.2% of first-lien, one- to four-family, site-built, owner-occupied home-purchase loans (down from 63.9% in 2021).
Read More »Pending Home Sales Slipped in all U.S. Regions Except Northeast
According to a new report from the National Association of Realtors, pending home sales slipped nearly 3% in May, while contract signings jumped in the Northeast but decreased month-over-month in three major U.S. regions.
Read More »House Measure Seeks to Repeal GSEs’ Loan-Level Price Adjustment Rule
HR 3564 creates additional protections that prevent the imposition of new fee changes based on the DTI of borrowers and institutes a temporary, one-year freeze in the FHFA’s ability to enact new LLPA fee changes.
Read More »Mortgage Rates Shift Direction, Trend Upward
After a three-week slide, Freddie Mac reports the fixed-rate mortgage rose four basis points week-over-week, and despite affordability headwinds, buyers have driven new home sales to levels seen in more than 12 months.
Read More »Protecting LGBTQIA+ Homebuyers From Housing Discrimination Comes at a Cost
According to a new report from Zillow, legal protections come at a cost for LGBTQIA+ home shoppers, as typical home values in areas with explicit legal protections for the community are an estimated 46% more expensive than areas with no protections.
Read More »Median Home Prices, New Homes for Sale Slipped in June
Annually, new listings of homes for sale dropped nearly 26%, falling below their previous pandemic lows, according to Realtor.com.
Read More »Want a Higher Quality of Life? Find a Walkable Community
A new transportation survey from NAR indicates that Americans that live in walkable communities have a higher quality of life. Click through for more on this trend.
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