Continued Demand Drives Prices to Record Levels
Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high rate of [...]
Cash-Strapped Consumers Putting Mortgages First
A new analysis of credit has found that while Americans may have been financially hampered by the pandemic, consumers are pushing mortgages to the top of the list of financial [...]
Housing Supply to Rise in Second Half of 2021
With the share of remote workers on the rise, a call for larger living spaces is being voiced by home seekers on the road to economic recovery. The post Housing [...]
To What Extent Have Homeowners Prepared for Disaster?
Many American homeowners believe that an increase in natural disasters including wildfires, storms, extreme temperatures, and/or rising sea levels—warrant serious concern related to home values. Economists say such concern is [...]
Caliber Sold to New Residential for $1.7 Billion
New Residential Investment Corporation has entered into an agreement with an affiliate of Lone Star Funds to acquire Caliber Home Loans Inc., bringing together the platforms of Caliber and NewRez [...]
Profit-Per-Loan Hits Record High in 2020
A record year in the housing market earned independent mortgage bankers record profits in 2020, a near $1,500 annual year-over-year rise in profits. The post Profit-Per-Loan Hits Record High in [...]
Affordable Housing-Related Reforms Worth Considering
How can the federal government help all neighborhoods become places of opportunity and inclusion? Researchers examine the possibilities. The post Affordable Housing-Related Reforms Worth Considering appeared first on DSNews. Source: [...]
Delinquencies at Lowest Levels Since Pandemic Start
The national delinquency rate continues to slide, as the U.S. economic picture continues to improve across the board. The post Delinquencies at Lowest Levels Since Pandemic Start appeared first on [...]
How Alternative Data Could Improve Access to Mortgage Credit
Incorporating additional information into the credit evaluation process "can open doors for many deserving borrowers and boost minority homeownership rates," experts determined in a new study. The post How Alternative [...]