In a volatile mortgage rate environment, Carrington is offering assumable mortgages as another loan option in today’s real estate market.
Read More »Fannie Mae Index Inches Up, Yet Remains Historically Subdued
“January’s HPSI results showed that consumer sentiment toward the housing market remains subdued by historical standards,” said Doug Duncan, Fannie Mae’s SVP and Chief Economist.
Read More »Single-Family Home Price Appreciation Dipped to 6.9% YoY
According to a new CoreLogic report, year-over-year single-family home price appreciation declined to nearly 7% in the final month of 2022, marking the lowest rate recorded since the late summer of 2020.
Read More »Communities of Color Experiencing Renter Financial Stress
According to a new study from the Joint Center for Housing Studies, many renters living in high-poverty, lower-income, and lower-rent neighborhoods are more likely to experience financial distress, as data revealed some 61% of households behind on their rent live in communities of color.
Read More »Andrew Hubacker Named UWM’s CFO
UWM promotes 25-plus-year experienced accounting/finance professional to CFO role after time spent at AOL and the SEC.
Read More »List-to-Sale-Price Ratio Returns to Pre-Pandemic Levels
Currently standing at 96.8%, the number of homes listed versus those for sale was the lowest reported since Q1 of 2019.
Read More »Examining 2022 Migration Trends
More Americans moved in 2022 than in any year since 2012, according to a new study from HireAHelper, as an estimated 27.3 million people migrated throughout the U.S last year.
Read More »Minimum Wage Earners Face the Affordability Hammer
A new study from Zillow has found that workers making minimum wage need three roommates or four jobs to afford the average two-bedroom rental.
Read More »Borrowers Utilizing Rate Buydowns Trends Upward
According to new data from Optimal Blue, rate lock data showed moderate signs of an early-January rebound in purchase locks, while refis remain constrained despite a full percentage point rate decline since its October 2022 peak.
Read More »The Week Ahead: Senate Examines the Housing Space
An upcoming Senate Banking Committee hearing will examine the nation’s housing space, as rates continue to drop and buyers are re-entering the fray.
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