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Housing Market Potential Increases for First Time in Nearly a Year, According to First American Potential Home Sales Model

Housing Market Potential Increases for First Time in Nearly a Year, According to First American Potential Home Sales Model

by Third Party | Sep 25, 2022 | Industry Updates, U.S. Housing Market

Source: Business Wire —  SANTA ANA, Calif.–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its...
Mortgage customers fear unaffordable repayments due to rate hikes

Mortgage customers fear unaffordable repayments due to rate hikes

by Third Party | Sep 25, 2022 | Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market

Source: Mortgage Introducer —  With another interest rate hike expected this week, a third of mortgage customers in the UK said that rising rates have made repayments unaffordable for them. Commissioned by Butterfield Mortgages, an independent survey of 2,000 UK...
America Mortgages Announces a Way to Obtain US Mortgages based on Rental Income Only

America Mortgages Announces a Way to Obtain US Mortgages based on Rental Income Only

by Third Party | Sep 25, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: EIN News —  America Mortgages, the leader in U.S. mortgage originations launched a non-QM lending program for non- SINGAPORE, September 21, 2022 /EINPresswire.com/ — America Mortgages, Inc., the leader in U.S. mortgage loan originations for...
Redfin Reports A Record Share of Homebuyers Relocate, Driven By Moves Away From Expensive Coastal Areas

Redfin Reports A Record Share of Homebuyers Relocate, Driven By Moves Away From Expensive Coastal Areas

by Third Party | Sep 24, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Redfin —  SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — A record 33.9% of Redfin.com users nationwide looked to move from one metro to another in July and August, according to a new report from Redfin (www.redfin.com), the technology-powered real...
Home prices keep rising amid a seller’s housing market. So why has new homebuilding hit a crawl?

Home prices keep rising amid a seller’s housing market. So why has new homebuilding hit a crawl?

by Third Party | Sep 24, 2022 | News/Current Events, Real Estate News, U.S. Housing Market

Source: USA Today —  By many accounts, we are still in a seller’s market. Home prices continue to rise in nearly all of the U.S. even as mortgage rates climb ever higher. Inventory levels – typically used by housing economists to gauge whether the market is...
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