Tag Archives: FHA

The MBA reports that the downturn in mortgage rates has triggered homebuyer interest, as overall app volume has increased for the second consecutive week, and refinance activity rose 6% week-over-week.

San Diego-based lender increases its market share in the Midwest by agreeing to acquire Wisconsin-based Inlanta Mortgage, a lender currently operating in 27 states.

Hispanic homeownership has steadily grown for seven consecutive years, and it is predicted that Hispanic households will account for 70% of homeownership growth over the next 20 years. ...

Despite mortgage rates pulling back over the past month, numbers are down 59 basis points from the recent peak of 5.22% according to the latest Fannie Mae survey, they continue to anticipate a slowdown in home sales activity.

Approximately $113 million will be invested to help HUD-assisted families increase earned income and improve financial stability, as the Bridging the Wealth Gap agenda will expand HUD’s work to help renters achieve financial well-being and homeownership.

The MBA reported mortgage application volume rose 1.2% this week, reversing course after the Fed rate hike announcement, and rising after a month-long decline.

ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record ...

New data from Redfin recently revealed that buyers are seeking out less expensive areas like Tampa and San Antonio due to the surging cost of housing and other goods, limiting their ability to purchase homes in many U.S. cities.

Rising rates and a dwindling demand for refis has pushed mortgage applications down for a third consecutive week, falling to lows last seen in 2000.

Abby Waltz, National Director for Homes for Heroes, explains how Florida’s new Hometown Heroes Housing Program is a small step in the right direction to assist frontline workers achieve the American dream of homeownership.