As rents continue to hit new highs and mortgage rates remain low, buying a starter home now costs less per month than renting a
Finance
Mortgage lending slows
ATTOM, curator of the nation’s premier property database, today released its second-quarter 2021 U.S. Residential Property Mortgage Origination Report, which shows that 3.78 million
Fannie Mae adds rent to underwriting
Fannie Mae (OTCQB: FNMA) today announced the company will launch a new feature in its automated underwriting system to incorporate consumers’ rent payments in the mortgage
Home affordability crisis worsens
Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are quickly evaporating as housing costs rise faster than incomes.
Homeowner equity surges
ATTOM, curator of the nation’s premier property database, today released its second-quarter 2021 U.S. Home Equity & Underwater Report, which shows that 34.4 percent of
Mortgage rates likely to rise — NAR
“Mortgage rates are more likely to rise in the following months. Nevertheless, don’t expect any sharp spikes in August,” Nadia Evangelou, senior economist and
Rents surge nationwide
The shortage of affordable housing inventory forced more prospective homebuyers into the rental market in June, driving the U.S. median rent price to a
Gen Z planning to buy homes
Nearly three-quarters of Gen Z prefers home buying over renting long-term, with a significant number of these aspiring homeowners planning to enter the housing
Fannie Mae sells reperforming loans
Fannie Mae (OTCQB: FNMA)recently announced the start of its twenty-first sale of reperforming loans as part of the company’s ongoing effort to reduce the size
Home refinancing up 12 percent
ATTOM Data Solutions, curator of the nation’s premier property database, today released its first-quarter 2021 U.S. Residential Property Mortgage Origination Report, which shows that