The U.S. mortgage delinquency rate stayed in the vicinity of its record low depth during February, according to new data from CoreLogic. In February, 3% of all mortgages in were in some stage of delinquency, a 0.4% dip from one year earlier but a 0.2% uptick from the...
Homebuyer affordability declined in March as with the national median payment applied for by purchase applicants increasing 1.6% to $2,093 from $2,061 in February, according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI)....
Solar energy has many benefits to offer a housing industry that is more invested in sustainability and cost savings for homeowners. Many states have prioritized solar energy and offered a number of incentives for homeowners who choose to install solar panels, with...
More Americans were applying for mortgages last week, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Market Composite Index was up by 3.7% on a seasonally adjusted basis from one week earlier, while the unadjusted index was up by...
Is there another housing bubble on the rise? A report from the Indiana University Kelley School of Business is predicting a brand-new housing bubble is in the making. In their article “Prepare for a Generational Housing Bubble,” Phil Powell, clinical associate...
A coalition of real estate industry groups have declared their support of the U.S. Department of Housing and Urban Development’s (HUD) proposed Affirmatively Furthering Fair Housing (AFFH) rule that is designed to offer guidance and tools for cities and states seeking...
Hits and Misses for the Real Estate Week of May 11-15
