Financing Americans Have More Mortgage Debt but Delinquencies Are Down Mortgage balances for Americans pushed to the highest level ever, totaling $9.4 trillion during the second quarter, per the Federal Reserve...
Affordability Mortgage Rates Drop Again, But Many Buyers Can’t Take Advantage Mortgage rates dropped again this week, but many homebuyers are still unable to find homes they can afford, Realtor.com reports. The 30...
Financing What Salary Is Needed to Qualify for A Mortgage? The National Association of Realtors looked at home price appreciation in the second quarter of 2019 and calculated the salary necessary to...
Financing How Unexpected Costs Affect Housing Affordability Redfin analyzed the effect that unexpected local costs like utilities, taxes, and transportation have on housing affordability. Utility...
Financing Refinances Spike 12%, Driving Mortgage Applications CNBC reports that mortgage refinances grew 12% last week compared to the week before, making up the bulk of the 5.3% total rise in mortgage...
Financing Diminishing Mortgage-Interest Deductions Leave Housing Market Mostly Unscathed The mortgage-interest deduction, long seen as a boost to homeownership, was limited in the 2017 tax bill, but the housing market has...
Financing Mortgage Rates Hit Another Low The 30-year fixed mortgage rate hit 3.70% last week, but one-third of buyers are not doing the comparison shopping needed to take advantage...
Financing Housing Affordability Problems Move Inland From the Coasts America’s housing crunch is moving from big tech centers like San Francisco and New York into heartland metros, Bloomberg reports. What...
Financing Housing Affordability Reaches 18-Month High A combination of low mortgage rates and rising incomes have pushed housing affordability to its highest level in 18 months, according to...
Financing FHA to Limit Loan Sizes for Cash-Out Refinancing Starting Sept. 1, the Federal Housing Authority is expected to cap the loan amounts for cash-out refinancing at 80%, MarketWatch reports. ...
