Economics Election Drops Mortgage Rates to 12th New Low This Year CNBC says the presidential election pushed mortgage rates even lower this week, breaking the 12th record this year. For the week ending...
Financing Refinancing Boosts Mortgage Demand The Mortgage Bankers Association’s seasonally adjusted index found an increase in mortgage demand last week, fueled by record low rates for...
Demographics Banks Step in to Shrink Black Homeownership Gap More banks are rolling out initiatives in order to bolster historically low homeownership rates for minorities. In Washington, DC, one...
Housing Markets 10 Cities at Greatest Risk for Possible Housing Crisis Realtor.com warns of a housing crisis on the horizon for 10 US cities with the highest number of delinquent FHA loans. In August, nearly 17...
Affordability Current Home Prices Are Too Costly for Average Homeowner In the majority of US counties, the current median price of a home or condo is far too expensive for an average homeowner. CNBC reports that...
Financing Should Buyers Wait for Lower Mortgage Rates? With mortgage rates fluctuating over the past six months, dipping down to record lows, it makes sense why some buyers would be unsure of...
Market Data + Trends The Best Suburbs for Rentals With Maximum Space at Lowest Price It’s not just homebuyers who are interested in more space, renters need accommodations for their life changes as well, and many still need...
Affordability Home Affordability Dropped Slightly in July The National Association of Realtors reports that the median household income increased in July, but median home prices advanced at a higher...
Financing New Record Low Mortgage Rates Bring Buyers Relief Mortgage rates hit another new low this week, according to Freddie Mac. For 30-year fixed-rate mortgages, the most common type of loan,...
Financing Mortgage Demand Sees Atypical Year-Over-Year Surge of 40% At this time of year, the housing market typically begins slowing with mortgage applications to purchase a home at single digit year-over...
