With mortgage rates hitting a 23-year high and worsening affordability continuing to hamper potential homebuyers and renters nationwide, multigenerational households are becoming much more common, according to a new RentCafe report. Here’s what else the report reveals.
Read More »Examining Homeownership Rates Nationwide
As the nationwide homeownership rate sits at nearly 70%, a new study from PropertyShark revealed which economic factors continue to impact U.S. rates. Percentages in coastal and southern states have seen a sharper decline compared to states like New York or California.
Read More »Mortgage Rates Fall for Fifth Straight Week
A deceleration in inflation has sent mortgage rates tumbling for the fifth consecutive week, pushing mortgage apps upward to launch the spring homebuying season.
Read More »Refi Activity Drops to 22-Year Low
As mortgage rates remain in the 7% range, app volume fell slightly this week, with the refinance share of volume hitting a low last seen in August of 2000.
Read More »Refi Volume Falls to Three-Year Low
With mortgage rates jumping for four consecutive weeks, overall mortgage application volume continues to suffer, dropping 6.3% over the previous week.
Read More »Freddie Mac: Despite Rate Hike, Housing Market Stability Ahead?
Home purchase mortgage originations are anticipated to grow from $1.9 trillion in 2021 to $2.1 trillion in 2022, and $2.2 trillion in 2023, according to a new Freddie Mac forecast.
Read More »When It’s Time to Take the Next Step, Step Carefully
For mortgage professionals, the decision to switch companies must be accompanied by an understanding of what you’re looking for.
Read More »The Building Blocks of Success
Representatives of Churchill Mortgage, Embrace Home Loans, Homespire Mortgage, Inlanta Mortgage, SitusAMC, and more discuss with MReport the best practices for finding, recruiting, and retaining the right talent.
Read More »The Employment Situation’s Long-Term Housing Impact
After unemployment claims dropped week over week, housing experts weigh in on the new data.
Read More »Employment’s Relation to Housing
With employment on the upswing, here's why one expert says a housing crisis is unlikely.
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