Home >> Tag Archives: First American (page 7)

Tag Archives: First American

House-buying Power Up—But Not for Long

Real house prices—which account for “house-buying power” and affordability—dropped 1.3 percent in June, but are still up nearly 10 percent since this time last year. What will the rest of the year look like for the market?

Read More »

What’s in Future Homebuyers’ Minds?

Although society continues to progress towards non-traditional lifestyle changes, homeownership remains an important component of the American Dream. However, the homeownership rate continues to decline. So what’s in ...

Read More »

Risky Business

loan applications

Loan defects are on the rise—and have been for seven months running. Can you guess which state comes with the highest risk?

Read More »

Prices are Up, But So is Affordability

Home prices may be up across the nation—and setting record highs, at that—but affordability is actually up at the moment. What’s causing this increase in homebuying power? An Index released today may have the answers we’re looking for.

Read More »

Rising Rates and Finance Costs Leaving Homeowners Chained to Their Properties

A potential sales report released Tuesday showed an increase in existing-home sales for the Month of May despite the many issues facing home inventory. Industry professionals predict with the growing age of millennials and eventual starting of families, demand for housing will remain healthy. Rising rates and financing costs could be leaving existing homeowners as prisoners to their own homes. Keeping in mind the state of the market when looking at home sales at a particular time will give incite on whether it is a good time to buy or sell.

Read More »

Labor, Lot Shortages Cause Builder Confidence to Falter

Lot and labor shortages are causing home builder confidence to falter—particularly in the single-family market. Builder confidence dropped two points in June, while overall construction starts fell 5.5 percent across the nation. Single-family production fell 3.9 percent in May, and multifamily declined 9.7 percent—nearly three times as much.

Read More »

Defects Up Over the Year; North Dakota Sees Most

New data shows defects on loan applications are up across the country—both for the month and over the year. The culprit? Riskier lending practices on both purchase loans and refinances. North Dakota, Montana, and Vermont had the highest defect frequency at the state level, while McAllen, Texas, and Knoxville, Tennessee, took the cake in terms of metro markets.

Read More »

Tight Supply Sends Prices Up 12 Percent

New data shows that real home prices have risen almost 12 percent over the year. Though wages have risen, increasing mortgage rates and tight supply continue to hurt overall affordability. Jacksonville, Florida, came in as the least affordable metro in the nation.

Read More »


With daily content from MReport, you’ll never miss another important headline in originations, lending, or servicing. Subscribe to MDaily to begin receiving a complimentary daily email containing the top mortgage news and market information.