There was a lot of optimism surrounding household formation just two years ago. Things did not exactly pan out as hoped, however.
Read More »Housing Hits High Gear in May
The U.S. housing market accelerated to its fastest pace on record in May, as the typical home went under contract a full week faster than a year earlier.
Read More »Fed’s Indecision Causes Another Dip in Mortgage Rates
Mortgage rates and mortgage applications both dropped slightly last week, as jittery investors continued to turn to government-backed bonds in the lead-up to the Federal Reserve’s June meeting and a shaky European market.
Read More »FHLBanks Poised for Meltdown; GSEs Not
In its annual report to Congress, released Wednesday, the Federal Housing Finance Administration published the results of Dodd-Frank stress tests. The verdict? Federal Home Loan Banks came through sparkling. The GSEs, not so much.
Read More »Top 20 Hottest Housing Markets in the U.S.
Redfin measured housing markets' hotness based on the percentage of homes most likely to go under contract within 14 days. In the top three markets, more than 60 percent of homes met this criteria.
Read More »Hispanic Homeownership and Wealth in Perspective
As it turns out, last year’s encouraging trend among Hispanic homeowners belies a widening gap in wealth between Hispanics and whites, according to a new report by Hispanic Wealth Project that looks at the past few years.
Read More »The Undervalued East Meets the Overvalued West
According to a report, the most undervalued markets are between the Atlantic Ocean and Detroit, while the most overvalued begin in Texas and head toward the Pacific.
Read More »Home Purchase Sentiment Hits New High
Fannie Mae’s Home Purchase Sentiment Index (HPSI) had its best month ever in May, two months after hitting a speed bump.
Read More »Home Values Still On the Rise in April
The CoreLogic Home Price Index is still climbing, with single-family gains in April up nearly 2 percent over March numbers and 6 percent up from a year ago, according to the company’s latest HPI report.
Read More »Lenders Approve More Jumbo Loans, But Not to Minorities
Data shows that jumbo loan success and diversity lending do not necessarily go hand-in-hand. Editor's note: The inaugural Five Star Diversity Symposium will be June 16, 2016, at the Belo Mansion in Dallas, Texas. The Five Star Institute is the parent company of The MReport and TheMReport.com.
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