With housing prices on the rise, an increasing amount of monthly income is being dedicated toward housing, with rent paid as a share of income forecast to exceed 30% by December.
Read More »Mortgage Rates Continue a Downward Spiral
As rates continue to drop, many homeowners are finding themselves unable to take advantage in the purchase market as low inventory continues to outpace demand.
Read More »Mortgage Apps Continue to See-Saw
The up again/down again world of mortgage applications continued this week, dropping after a week of upticks.
Read More »Housing Inventory Experiences Significant Recovery in June
The demand for homes remains strong and the competition is still intense nationwide, as appreciation reaches new highs in June.
Read More »New Homeowners Surprised by Unexpected Costs
If the sticker shock of a new home isn’t jarring alone, an analysis of home projects has found that a typical home can require an additional $30K on top of the sale.
Read More »New Opportunities in the Age of the Great Reshuffle
Although affordability hang-ups remain, changes in the housing market over the past year have opened new doors for first-time homebuyers to save for non-traditional down payments.
Read More »Factors Influencing Young Adults’ Saving and Buying Behaviors
Researchers say purchasing a home is a priority for many millennials and generation Zers–here are some of the things driving their decisions.
Read More »An Uphill Journey
Halfway into 2021, lenders face new regulations, a new administration, and other major changes.
Read More »Mortgage Rates Shift Gears
For the first time in 10 weeks, mortgage rates have risen above the 3% mark, with forecasters projecting a gradual rise in rates to close out 2021.
Read More »Remote Work Drives Interest in Second Homes
The demand for vacation and second home sales is outpacing the overall growth in existing-home sales, according to a new survey.
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