...What do you think are the most critical issues facing the mortgage industry today? Stubbs // We must address the issue of affordability. Millennials are trying to enter the market...
Read More »Search Results for: Affordability
Where the Housing Market Is Headed
...means home prices are primed to rise further this year too, hindering affordability conditions for homebuyers in markets across the country.” Until then, the widespread shortage of homes for sale...
Read More »Deep Diving into Existing Home Sales
...April were on the market for less than a month. “With mortgage rates and home prices continuing to climb, an increase in housing supply is absolutely crucial to keeping affordability...
Read More »Industry Reacts to Brian Montgomery as FHA Commissioner
...the most critical periods in the history of America’s housing industry. He has shown the ability to lead and understands the essential role the FHA plays in addressing affordability and...
Read More »Predicting the Housing Market and Economic Health
...appreciation that we have seen over the past few years, a welcome respite for would-be buyers," said Aaron Terrazas, Senior Economist at Zillow. "Housing affordability is a critical issue in...
Read More »Confidence Slips Among Homeowners, Buyers
Homeowners, especially millennials looking to upgrade from their current homes, are increasingly losing confidence in the affordability of the housing market according to the latest quarterly Modern Homebuyer Survey by...
Read More »Mortgage Rates Approach 2011 Levels
...prospective buyers," Khater said. Hale said: "Mortgage rates are expected to approach 5 percent by the end of the year, but even with higher prices and rising rates, affordability of...
Read More »Fannie Weighs in on Housing and Economic Forecast
...upward grind should continue, despite a lackluster first quarter. We expect home sales to post modest gains both this year and next, as prices rise and affordability declines amid low...
Read More »Homebuying vs. Mortgage Apps
...applications are going to continue to grind down," said Brian Surgener, SVP Strategy, and Analytics at BBMC Mortgage. "One item we need to keep an eye on is affordability." The...
Read More »Is the Single-family Market Losing Steam?
...lower price point. “The change towards multi-family could be the initial signs that affordability is starting to impact the mix of construction. Multi-family units are at lower price points and...
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