For Some Millennials, A Starter Home Is Hard To Find
The shortage of available starter homes feels like yet another hurdle blocking some millennials’ path to traditional money milestones....
Posted by Mark Ross on February 23, 2022
Is The Housing Market Safe From The Wild Turbulence In The Financial Markets?
The volatility over the past few days in the stock and cryptocurrency markets has left many on edge—especially as it comes on the heels of a ...
Posted by Mark Ross on February 1, 2022
What To Expect From The Housing Market In 2022
With an ever-growing number of households throughout the U.S., homebuyer activity has highlighted the housing shortage across the U.S. in 2021 ...
Posted by Mark Ross on January 1, 2022
Homebuilders Are Growing Concerned About Affordability
Homebuilder confidence continued to rise in October despite increasing affordability issues due to rising material prices and ongoing shortages, ...
Posted by Mark Ross on November 3, 2021
5 Supply Chain Shortages Homeowners Need To Prepare For Now
As the crisp air settles in, you might be planning a fall renovation. Maybe you’ll finally replace that horribly lumpy sofa or get around to ...
Posted by Mark Ross on November 2, 2021
FHFA To Make Desktop Appraisals Permanent
Desktop appraisals, a temporary flexibility implemented in March 2020 to keep the mortgage industry afloat amid lockdowns and social distancing, will ...
Posted by Mark Ross on October 26, 2021
Mass Evictions Didnt Result After US Ban Ended Despite Fears
When the federal moratorium on evictions ended in August, many feared that hundreds of thousands of tenants would soon be out on the streets. More ...
Posted by Mark Ross on October 21, 2021
There Is No Sign Of The Typical Fall Slowdown In Home Buying
One-third of homes that went under contract had an accepted offer within one week of hitting the market, a new report from Redfin found. This is up ...
Posted by Mark Ross on October 20, 2021
Mortgage Rates And Home Prices Will Rise In 2022
Economists at Fannie Mae expect an increase in mortgage rates and home prices in 2022 due to higher inflation, a tightening of monetary policy, and ...
Posted by Mark Ross on October 18, 2021
Fannie Mae Cuts Origination Forecast For 2022
Limited inventory, supply chain disruptions and concerns about inflation have led economists at Fannie Mae to lower their mortgage origination ...
Posted by Mark Ross on October 15, 2021
Home Equity Wont Be Enough To Prevent Foreclosure For Some
Despite record-high home prices, home equity may not save some borrowers in forbearance from foreclosure, according to a Black Knight’s report ...
Posted by Mark Ross on October 4, 2021
Forbearance Rate Finally Hits Pre Pandemic Levels
Servicers’ forbearance portfolio volume dropped last week to a level below 3.00% for the first time in 18 months. The total number of loans in ...
Posted by Mark Ross on September 30, 2021
Forbearance Numbers Fall As Borrower Exits Remain High
Servicers’ forbearance portfolio volume fell once again last week, as exits remained elevated compared to requests or re-entries. The total ...
Posted by Mark Ross on September 20, 2021
US Average Mortgage Rates Rise Slightly
Average long-term mortgage rates were marginally higher this week as the recovering economy appeared stalled against the backdrop of a wave of new ...
Posted by Mark Ross on September 15, 2021
US Home Prices Rise For Third Straight Month With 6 Cities Leading The Hot Housing Market
The numbers: Home prices continued to grow at a record pace in June, according to a leading barometer.
The latest edition of the S&P CoreLogic ...
Posted by Mark Ross on August 31, 2021
Jumbo Mortgages Were Easier To Get In July
Mortgage credit availability increased marginally in July following a big downturn in June, according to a report released by the Mortgage Bankers ...
Posted by Mark Ross on August 16, 2021
Mortgage Rates Rise After Jobs Report
The average 30-year fixed-rate mortgage rose to 2.87% for the week ending in August 12, according to mortgage rates data released Thursday by ...
Posted by Mark Ross on August 13, 2021
Skyrocketing Home Prices Mark Biggest Gain In 40 Years
Home prices notched their biggest annual growth since 1979 in June, during an extra-hot summer for real estate, fueled by the ongoing COVID-19 ...
Posted by Mark Ross on August 2, 2021