The Urban Institute will partner with the National Housing Conference to present an in-person conference in D.C. exploring the racial homeownership gap, including the lack of affordable housing, and fair access to quality credit.
Read More »Examining Factors Driving the Current and Future Rental Market
TransUnion's latest migration patterns show more people leaving the Rust Belt and Northeast in favor of warmer, Southern Atlantic and Mountain states, like Arizona and Texas.
Read More »Median Home Payments Feeling Impact of Economic Forces
“The ongoing affordability hit of higher home prices and fast-rising mortgage rates led to a slowdown in purchase applications in May,” said Edward Seiler, the MBA's Associate VP.
Read More »Will 2022 Break as Many Housing Records as 2021?
The record-breaking year that was 2021 seems to be a one-off performance, as the 2022 market is experiencing the upward creep of mortgage rates compounded with record-high prices, which is only adding to affordability issues.
Read More »Mortgage Rates Continue Upward Climb, Hit 14-Year High Point
After a few weeks of decline, Freddie Mac reports mortgage rates hit a mark last seen in November 2008, having increased by more than two full percentage points since the beginning of 2022.
Read More »Median Sales Price Surpass Record $400k
While existing-home sales fell 3.4% in May, median sale prices exceeded $400,000 for the first time, representing a nearly 15% increase from 2021.
Read More »National Rents Maintain Double-Digit Growth, Surpassing Pre-COVID Levels
The U.S. median rental price hit its latest new high of $1,849 per month in May, representing a 26.6% increase since 2019 before the pandemic began, according to ...
Read More »Mortgage Apps Jump for Second Consecutive Week
The MBA reports that purchase activity was down 10% year-over-year, as inventory shortages and higher mortgage rates are dampening demand.
Read More »Navigating the Mortgage Market
As June recognizes National Homeownership Month, Chris Garagusi of Enact details ways that lenders can help borrowers find their way in a challenging and confusing housing market.
Read More »Mortgage Payments Outpace Rent in Majority of U.S. Metros
As housing costs rise and demand begins to slow, inventory continues to recover from February lows, as new data reveals mortgage payments have surpassed rents in 45 of the 50 largest U.S. metros.
Read More »