The National Association of Realtors (NAR) reported that existing home sales rose 2.5% in July and are up 0.6% from last year. “Falling mortgage rates are improving housing ...
Read More »Another Month, Another Decrease in Mortgage Rates
Ellie Mae’s July Origination Insight Report found that the 30-year mortgage dropped for the seventh-consecutive month to 4.18% The drop from the prior month’s 4.40% also led an ...
Read More »What do Millennial Homebuyers Know?
According to a new report, some potential homebuyers, particularly younger buyers, may be frightened away from buying a home by a lack of knowledge about the process.
Read More »Linking Mortgage Debt to Life Expectancy
Is having debt a good thing? A new study by LendingTree found a correlation between mortgage debt and life expectancy, as higher debt relative to income is linked ...
Read More »Tenure Length Increasing for Homeowners
First American Financial Corporation is reporting that tenure length has increased year-over-year by 11% in July and has caused the loss of nearly 450,000 potential home sales—a monthly ...
Read More »The Continual Shrinking of Single-Family Home Sizes
The National Association of Home Builders (NAHB) reports that the size of single-family homes during Q2 2019 declined. The NAHB, with data from the Census Bureau’s Quarterly Starts ...
Read More »Midwest is the King of Affordability
Metros in Michigan, Ohio and Pennsylvania are among the most affordable. How much do you need to make, though, to live on the West Coast?
Read More »Predicting the Next Recession
A survey by the National Association of Business Economics (NABE) revealed that most of the surveyed economists believe a recession will begin by 2020 or 2021. “Survey respondents ...
Read More »Gauging the Home Price Slowdown Risks
In this Video Spotlight, find out why CoreLogic Deputy Chief Economist Ralph McLaughlin says housing market observers should ease some of their concerns.
Read More »The Key to High-Performance Mortgage Lending
Here’s what a new survey, analyzing mortgage lending, revealed about the market and the recommendations it made for the way ahead for lenders.
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