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
What Salary Is Needed to Qualify for A Mortgage?
The National Association of Realtors looked at home price appreciation in the second quarter of 2019 and calculated the salary…
How Unexpected Costs Affect Housing Affordability
Redfin analyzed the effect that unexpected local costs like utilities, taxes, and transportation have on housing affordability.…
Refinances Spike 12%, Driving Mortgage Applications
CNBC reports that mortgage refinances grew 12% last week compared to the week before, making up the bulk of the 5.3% total rise…
Diminishing Mortgage-Interest Deductions Leave Housing Market Mostly Unscathed
The mortgage-interest deduction, long seen as a boost to homeownership, was limited in the 2017 tax bill, but the housing market has remained…
Mortgage Rates Hit Another Low
The 30-year fixed mortgage rate hit 3.70% last week, but one-third of buyers are not doing the comparison shopping needed to take advantage of…
Housing Affordability Problems Move Inland From the Coasts
America’s housing crunch is moving from big tech centers like San Francisco and New York into heartland metros, Bloomberg reports…
Housing Affordability Reaches 18-Month High
A combination of low mortgage rates and rising incomes have pushed housing affordability to its highest level in 18 months, according to …
FHA to Limit Loan Sizes for Cash-Out Refinancing
Starting Sept. 1, the Federal Housing Authority is expected to cap the loan amounts for cash-out refinancing at 80%, MarketWatch…
Denver’s Median Home Price is Now Five Times More Than Income
Median home prices in Denver are now five times higher than median income, well above the national average, the Denver Post…
How Much More Home Can You Get With A Lower Mortgage Rate?
Mortgage rates below 4%, compared to 4.57% a year ago, are allowing homebuyers to get more home for the same monthly payment, according to…
