Median Homebuyer Household Income Jumps to $107K
NAR reports that homebuyer income has seen an annual increase of 22% in 2023, as down payments have jumped to the highest percentage in over two decades. Source: DS [...]
NAR reports that homebuyer income has seen an annual increase of 22% in 2023, as down payments have jumped to the highest percentage in over two decades. Source: DS [...]
“I am pleased to announce this final milestone of the SFPDM transition as part of our ongoing modernization and business transformation initiative,” said Ginnie Mae President Alanna McCargo. “The [...]
New proposal seeks stakeholder feedback to ensure long-term viability for the HECM program and expanded availability for senior homeowners. Source: DS News
A new study from Point showed that U.S. homeowners have an estimated $29.3 trillion available in home equity, but nearly half of those Americans are unable to access it. [...]
As hedge funds are invested more within the REO market, a growing demand for skilled agents is necessary, and an upcoming course presented by Five Star’s FORCE group will [...]
With mortgage rates plummeting 26 basis points week-over-week, Redfin reports that buyers may have a limited amount of time to take advantage as the average rate sits at its [...]
“FHFA’s comprehensive review of the Federal Home Loan Bank System has highlighted its long-term importance in both providing liquidity in the housing finance market and promoting housing affordability and [...]
A new Redfin report revealed the share of rental vacancies has increased as more inventory enters the market, causing median asking rents to flatten nationwide from their record high [...]
As rising unaffordability plagues the nation, the U.S. Department of Housing and Urban Development has granted millions in funding for new resources to help communities transition people from homelessness [...]
The MBA reports mortgage delinquencies tracked closely with the nationwide unemployment rate in Q3, with an uptick in delinquencies across all loan types–conventional, FHA, and VA. Source: DS News