Mortgage Rate Declines Could Boost Home Sales Following Months of Low Activity
Encouraging economic news bumped mortgage applications up by 2.6% for the week ending May 3
American Families Are Spending a Quarter of Their Income on Mortgage Payments
The average monthly mortgage payment is up more than 9% year-over-year
Is Fractional Homeownership Any Kind of Solution for Housing Attainability?
The imbalance between housing supply and demand is spurring some innovative options within the real estate industry
States Seek Long-Term Solutions to Reform Property Taxes
Rising home prices typically lead to higher property tax assessments, which has been the case in many Mountain West states, prompting lawmakers to grapple with property tax relief
Metros Where Housing Prices Have Doubled in Less Than 10 Years
Historical data show it's taken less than 10 years for home prices to double in 68 of the country’s 100 largest cities
Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
Planning + Development
How Just-in-Time Land Deals Help Manage Cash Flow
Why putting too many financial eggs in a long-term land basket may not be the most nimble move for home builders right now
Homebuyers Hungry for Mortgages Despite Rising Rates
Mortgage demand from homebuyers crushed expectations after a less-than-stellar performance at the beginning of the week. CNBC reports applications…
Government’s Mortgage Bailout Count Shrinks for First Time Since Pandemic Began
For the first time since the pandemic started, the number of borrowers in both government and private-label mortgage forbearance programs dropped…
Mortgage Demand for Purchase Spikes 18% as Interest Rates Set Record Low
If you’ve ever opened a shaken soda can before, you have an idea how pent-up housing demand is affecting the market right now. The mortgage…
Financing
Financing for Affordable Housing Is Increasingly Harder to Secure
Developers of affordable housing are having a tougher time lining up financing. Amid the COVID-19 pandemic, there is significant uncertainty that…
Mortgage Demand Spikes in April, Signaling Unexpectedly Quick Recovery
There is a heat wave coming, but we’re not talking about the upcoming weather. The housing market is heating up as strong mortgage demand…
Low Mortgage Rates Heat Up Market, Raise Future Mobility Concerns
On May 21st, the interest rate on a 30-year home loan was 3.24 percent—a full percentage point lower than the same time in 2019, according to…
How Low Will Mortgage Rates Go?
Right before the country was immersed in a pandemic, low interest rates dominated the real estate conversation. Buried under all the breaking news…
Climbing Weekly Mortgage Applications Hint at Housing Recovery
Six weeks ago, mortgage applications for home purchases were down 35 percent annually, but demand is roaring back. Purchase volume jumped 6…
Coronavirus Blamed for Tighter Credit on Loans for Builders
In case the suppressed demand and supply chain disruptions were not enough, builders are now reporting tighter credit conditions on loans for land…
