Source: Redfin — The homeownership rates for both Black and white families rose slightly over the last 10 years, with part of the increase taking place during the pandemic. The racial homeownership gap persists. The homeownership rate for Black families rose...
Source: CNN — The home improvement retail giant reported better-than-expected gains in sales and earnings for the first quarter Tuesday and lifted its outlook for the rest of this fiscal year.Shares of Home Depot (HD), one of the 30 stocks in the Dow, was up...
Source: CNN — Home prices are at record highs and still rising, but there are some early indications that the market may be starting to cool. For sellers looking to get top dollar for their home, the time to sell is now. But homeowners are still holding back...
Source: CNBC — Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability. Both refinance and purchase loan demand dropped, pulling total mortgage application volume down 11% for the week, according to the...
Source: Fox Business — Baby boomers and millennials are part of a “triple threat” driving up prices in the housing market, according to the founder and executive of America’s largest owner of single-family homes. “There’s a huge amount of...
FICO to Cut 15% of Positions as AI Restructuring Meets New Mortgage-Score C…
