There is more to homeownership than mortgage costs – indeed, a new data study published by Clever Real Estate determined the typical homeowner spends an average of $24,529 per year – or $2,044 per month – on housing expenses in addition to their mortgage. This is up...
A quartet of new regionally focused programs for current and prospective homeowners have been announced this week. Westerly, Rhode Island-based Washington Trust has expanded its RI Community Lending Program with the addition of I Luv RI Home Improvement Loans as home...
Only 11.21% of Americans – 35.7 million – moved within a year of the most recent American Community Survey in 2022, according to a data analysis published by LendingTree. As for those who moved, 79.29% stayed in the same state. Among those who moved, 53.93% relocated...
The private equity firm Exuma Capital Partners announced the launch of Property.com, which is promoted as an artificial intelligence (AI)-fueled platform designed to connect contractors, real estate agents, home service providers, and homeowners. According to a...
A Nigerian national pleaded guilty to defrauding homeowners and real estate professionals out of down payments in a “man-in-the-middle” email phishing and spoofing scheme. According to an announcement by the office of U.S. Attorney for the Northern District of Texas,...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
