Foreclosure Activity Sees Decline in November
A total of 32,120 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in November, down 7% from a month ...
Tag: Housing Affordability
Mortgage Applications Surge Following Steady Rate Decreases
In the wake of a six-week stretch of mortgage rate decreases, Mortgage applications surged 7.4% this week, also marking their ...
OP-ED: Student Debt Leaves the Next Generation of Homebuyers Hopeless
My generation—halfway between millennials and Gen Z—has a penchant for grim humor about our shared future. An internet meme I’ve ...
FHFA Announces Conforming Loan Limit Values for 2024
The baseline conforming loan limit (CLL) for most U.S. mortgages backed by Freddie Mac and Fannie Mae in 2024 has ...
‘Golden Handcuffs’ Likely to Shatter in 2024, Bright MLS Says
“Life happens.” While economists have struggled during the past year or so to draw conclusions from the post-pandemic macro environment, ...
Housing Affordability Said to Be Headed for Turnaround in 2024
2024 is nearly upon us, and realtor.com® has published their forecast for what the year has in store for real ...
Mortgage Applications Increase for Fourth Straight Week
Mortgage applications increased for the fourth straight week, with an uptick of 0.3% from one week earlier, according to the ...
Home Prices Continue to Rally, Growing 3.3% Year Over Year
Home prices grew 3.9% year-over-year in September, and 15 of the 20 major metro markets reported month-over-month price increases, according ...
Mortgage Rates Continued to Slide Down Last Week
Seeing their fourth week of declines, the 30-year fixed-rate mortgage (FRM) averaged 7.29% last week, down from the week previous' ...
Workforce Housing Focus of NAR Symposium in Columbus, Ohio
Communities across the country are struggling to meet the demands of affordable housing. This is becoming increasingly relevant in places ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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