The housing market as a whole is moving marginally deeper into buy territory, according to one analysis.
Read More »Uptick in Second Mortgages May be a Sign of Economic Stability
Given that most of the news about the homebuying market these past few years has focused on violate financial markets, up and down home sales, and fluctuating interest rates, it may seem easy to overlook a basic question—is anyone diving into the housing market for a second time and what does that mean for the economy?
Read More »Top 20 Markets Where the Spring Homebuying Season is in Full Effect
Several factors, including growing demand, inventory, and home prices, are reeling in the spring homebuying season a little early this year.
Read More »Home Prices Continue Upward Journey
Home prices are still climbing higher, even though the season change has caused things to slow down quite a bit in the housing market.
Read More »Millennial Homebuying Attitudes Mixed Due to Financial Woes
Millennials often face many obstacles when trying to purchase a home such as financial hardships and the inability to afford the down payment, a task that is much more difficult for them compared to their predecessors.
Read More »Single-Family Renters May Be More Motivated to Become Homeowners Than Those in Apartments
Fannie Mae's new research released Tuesday indicates that people living in single-family rental properties (a house, townhouse, or condo) may be more likely to buy a home than those living in apartments.
Read More »Research Finds that Student Loans Hinder Millennials From Saving for a Home
The conflicts of student loan debt surpass just actual repayment. Trulia research titled "The Debt of Wrath: Do Student Loans Affect Saving for a Home?" recently found that college degrees hinder young millennials from saving up for a 20 percent down payment on a home due to student loan repayment, but in the most expensive markets, only those with a college degree will be capable of saving up enough for a home in their lifetime.
Read More »Fannie Mae Encourages New Mortgage Borrowers to Shop Around
In the latest Fannie Mae National Housing Survey, studying the mortgage shopping experience homebuyers navigate these days, the authors found that two-thirds of buyers‒‒particularly the young and those who’ve already bought homes‒‒obtain multiple mortgage quotes, though newbies to the process typically rely on friendly advice to find a suitable lender and terms.
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