Consumer confidence in the housing market declined slightly in October, while wages and salaries struggled and kept many from purchasing a home, according to Fannie Mae's Home Purchase Sentiment Index.
Read More »Builder Confidence in Senior Housing Market Remains Strong in Q3
Homebuilders in the single-family 55+ housing market showed strong confidence in the third quarter of 2015, according to the National Association of Home Builders' Housing Market Index.
Read More »October Jobs Report Exceeds Expectations & May Nudge Fed to Raise Rates
October’s healthy job gains of 271,000 reported in the Bureau of Labor Statistics’ (BLS) October 2015 Employment Summary released Friday make a December liftoff by the Fed an extremely likely possibility.
Read More »Fed Mortgage Lending Survey Deemed Flawed
Earlier this week, the Federal Reserve released their Senior Loan Officer Opinion Survey on Bank Lending Practices, which found that banks lowered mortgage lending standards in the third quarter of 2015. However, new housing risk research shows that the survey is "flawed."
Read More »Mortgage Access Becoming More Prevalent Among Blacks & Hispanics
Eased credit access is allowing more people to be eligible for mortgage loans, especially among middle-income blacks and Hispanics, but despite the uptick, they still lag behind in the housing market recovery.
Read More »Fannie Mae’s Net Income Reaches $2 Billion in Q3
Two days after fellow GSE Freddie Mac reported a net loss of $475 million for Q3, Fannie Mae reported a net income of $2 billion for the third quarter and a comprehensive income of $2.2 billion.
Read More »Millennial Homebuyers Constrained By Rising Home Prices & Tight Lending Standards
Homeownership is an important aspect of the American way of life, and while many desire to own a home, the Millennial generation often struggles to break into the housing market due to soaring home prices and tight lending standards.
Read More »Mortgage Originations Uptick Not Reflected in Bank Portfolios
Mortgage originations are soaring but bank's are not reflecting this rise in their portfolios, which are suffering from new tax policies, fluctuating interest rates, and regulatory changes in mortgage lending.
Read More »Buy New or Buy Used? New Home Construction Costs Outweigh Existing-Home Costs
The cost of building a new single-family home far surpasses the average price tag on an existing home, but aside from mortgage payment differences, there are pros and cons to both options.
Read More »Housing Markets’ Demand & Inventory See Seasonal Decline
With the fall season well underway, the housing market is showing signs of slowing down with declines in demand and inventory.
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