Mortgage rates fell for the fourth consecutive week, and with lingering concerns over less-than-stellar economic growth, overall homebuyer sentiment continues to lag.
Read More »Mortgage Credit Availability on the Rise in November
For the first time in nine months, the MBA reports that mortgage credit availability increased in November, driven by a spike in the interest of ARM loans amid a declining rate environment.
Read More »Homebuyer Optimism Up, Yet Sits Historically Low
Despite a minuscule rise in home-purchase sentiment for the month of November, Fannie Mae’s survey finds near-record pessimism and predicts slow sales heading into 2023.
Read More »Finance of America to Acquire AAG
Acquisition of nationwide reverse lender by Finance of America marks the company’s expansion into the direct-to-consumer retail channel.
Read More »Potential Homebuyers Consider Renting vs. Owning
New research from LendingTree reveals the U.S. cities where a mortgage is almost as affordable as renting.
Read More »A Call to ARMs?
An Urban Institute report claims recent fears about adjustable-rate mortgages are unfounded, suggesting that the lending tool should be utilized more often.
Read More »Monthly Home Prices Drop in October
“Following the recent mortgage rate surge above 7%, real estate activity and consumer sentiment regarding the housing market took a nosedive,” said Selma Hepp, Interim Lead of the Office of the Chief Economist at CoreLogic.
Read More »Could Offsite Construction Lower Home Costs?
Two studies claim artificial intelligence and machine learning are a step in the right direction but not the absolute answer to cutting costs in home construction.
Read More »Affordability Easing in Some U.S. Metros
Are rising mortgage rates still holding back prospective buyers? Click through to find out more on the latest in the buyer’s market.
Read More »Survey: Housing Market Collapse Imminent?
A majority of Americans fear rising mortgage rates and a lack of affordable housing could spark a market crash that could equal the 2008 downturn.
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