Source: The Wall Street Journal — Americans took out more mortgages than ever before in 2020. Most of them didn’t come from banks. Nonbank mortgage lenders in the U.S. issued 68.1% of all mortgages originated in 2020, up from 58.9% in 2019, according to...
Source: Business Insider — Decades of chronic underbuilding left the US housing market with a colossal gap between consumer demand and nationwide supply, according to a new report from the National Association of Realtors. Home sales surged to a breakneck pace...
Source: Out There Colorado — A home sale in Aspen, Colorado is going viral, thanks to an unbelievably high closing price of $72.5 million. According to a report published by Aspen Daily News, not only is the sale of a mansion and guest house on Willoughby Way...
Source: Financial Advisor Magazine — If you’re in the market for a new home, be prepared for a bidding war because it’s a seller’s market. Prospective homebuyers across the U.S. are shelling out big bucks for homes during the pandemic, with remote workers and...
Source:The Wall Street Journal — The Federal Housing Administration is relaxing the way it assesses student-loan debt when weighing eligibility for homebuying assistance as the Biden administration pushes to help lower-income borrowers and narrow a racial gap...