Raphael Bostic is president and CEO of the Federal Reserve Bank of Atlanta. This article is adapted and edited from a recent speech delivered before The Murphy Institute at Tulane University in New Orleans. Housing is so foundational to family well-being and security...
A Phil Hall Op-Ed: Today, while most of the country was looking skyward through special glasses to see a once-in-a-lifetime total eclipse, President Biden was looking at his tanking poll numbers and hastily served up another scheme to erase student loan debt. Biden’s...
The average U.S. homeowner spends $17,958 each year on non-mortgage expenses, according to new research from Real Estate Witch, an online resource published by Clever Real Estate. The greatest expense involves utilities – the average homeowner spends $5,362 per year....
The Pennsylvania Housing Finance Agency (PHFA) announced the Pennsylvania Homeowner Assistance Fund (PAHAF) will reopen on March 18 to homeowners struggling as a result of pandemic-related financial hardships. The PAHAF provides financial assistance to eligible...
What a difference four years makes – a new data analysis from Zillow (NASDAQ:Z, ZG) found today’s home buyers need to make more than $106,000 to “comfortably afford” a residential property purchase. That sum is 80% more than the money required for the same purchase in...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
