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HUD and FHFA Update Credit Scoring Models
The Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) have announced the first major update to their respective credit scoring models in decades. HUD is now enabling the Federal Housing Administration (FHA) to use of...
HUD and FHFA Update Credit Scoring Models
Mortgage Bankers Association President and CEO Bob Broeksmit said this was “an important next step in modernizing the credit scoring framework.” Continue Reading HUD and FHFA Update Credit Scoring Models
New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing
The number crunchers at WalletHub are back with a new data report: “States Where People Spend the Most & Least on Housing.” Studying the costs of rent, mortgage and home energy across the 50 states and then comparing the data with each state’s median household...
New York State Home Sales Slowed While Prices Increased
New York State recorded 6,574 closed home sales in March, a 5.7% decline from the 9,971 transactions from one year earlier. According to data from the New York State Association of Realtors, pending home sales were down 3.3% from 8,574 homes under contract in March...
Retail Rent Growth Slowed During Q1
Retail asking rent growth slowed to 1.9% year-over-year during the first quarter, extending a downward trend that started in 2024. According to a data analysis from CoStar Group (NASDAQ: CSGP), several Sun Belt markets that led rent growth earlier in the cycle –...
News & Current Events
Sen. Tillis Offers Compromise Solution to Enable Warsh Confirmation as Fed Chairman
Tillis stated he would back Warsh only if the DOJ’s attempts to investigate Powell were halted. Continue Reading Sen. Tillis Offers Compromise Solution to Enable Warsh Confirmation as Fed Chairman
Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
San Antonio led the major metros with 18.7% of home purchase agreements terminating early. Continue Reading Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
Report: 65% of Homebuyers View First Purchase as Their Forever Home
Many buyers are purchasing their first home only after starting a family. Continue Reading Report: 65% of Homebuyers View First Purchase as Their Forever Home
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New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing
Iowa residents have the lowest percentage of income spent on housing. Continue Reading New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing
New York State Home Sales Slowed While Prices Increased
Housing inventory across the Empire State dipped from 24,574 homes on the market in March 2025 to 24,386 units last month. Continue Reading New York State Home Sales Slowed While Prices Increased
Retail Rent Growth Slowed During Q1
Minneapolis posted the strongest year-over-year rent gains nationally, at 6.9%. Continue Reading Retail Rent Growth Slowed During Q1
Sen. Tillis Offers Compromise Solution to Enable Warsh Confirmation as Fed Chairman
Tillis stated he would back Warsh only if the DOJ’s attempts to investigate Powell were halted. Continue Reading Sen. Tillis Offers Compromise Solution to Enable Warsh Confirmation as Fed Chairman
Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
San Antonio led the major metros with 18.7% of home purchase agreements terminating early. Continue Reading Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
Report: 65% of Homebuyers View First Purchase as Their Forever Home
Many buyers are purchasing their first home only after starting a family. Continue Reading Report: 65% of Homebuyers View First Purchase as Their Forever Home
California Home Sales Fizzle as Median Home Price Spikes by 7.1%
The statewide Unsold Inventory Index declined 17.5% from February and was down 5.7% from March 2025. Continue Reading California Home Sales Fizzle as Median Home Price Spikes by 7.1%
Toll Brothers Acquires Buffington Homes of Arkansas
Founded in 2010, Buffington Homes is the largest luxury homebuilder in northwest Arkansas. Continue Reading Toll Brothers Acquires Buffington Homes of Arkansas
Mortgage Application Activity Up 8%
The FHA share of total applications remained unchanged at 18.2% from the week prior. Continue Reading Mortgage Application Activity Up 8%