Source: Mortgage News Daily — How low can it go? Well, lower than ever apparently when it comes to consumers who think it’s a good time to a home. The total fell 1 point to a record low of 25 percent in January while 70 percent said the time was not...
Source: Housing Wire — Amid protests set off by George Floyd’s death, Fannie Mae’s CEO issued a public statement about its commitment to racial equity. “Fannie Mae understands the story of housing in America includes a history of systemic racism,” CEO Hugh...
Source: Construction Dive — Fed policymakers Wednesday signaled their intention to reduce price pressures by raising the federal funds rate from a record near-zero low at their next meeting on March 15-16. “We’re committed to our price stability...
Source: RISMedia — With the rising normalization of cryptocurrencies in our marketplaces, it’s no surprise that crypto has found its way into real estate. In fact, the first commercial property in New York has been put on the market exclusively for Bitcoin—29...
Source: World Property Journal — According to ATTOM Data’s fourth-quarter 2021 U.S. Home Equity & Underwater Report, 41.9 percent of mortgaged residential properties in the United States were considered equity-rich in the fourth quarter, meaning that...
Source: World Property Journal — National property broker Redfin is reporting the typical commission rate paid to brokerages representing homebuyers in the U.S. has fallen to its lowest point in at least four years. Redfin found the typical U.S. buyer’s...
I Sat In a Room and Watched Someone Describe America’s Mortgage Appli…
