Americans spent an average of $13,667 on home improvement, home maintenance and emergency repairs this year, a 6% increase compared to 2022, across an average of roughly 11 projects. According to the 2023 State of Home Spending report published by Angi (NASDAQ:ANGI),...
The question of whether artificial intelligence (AI) can bridge the widening racial disparity homeownership gap or if it could make it worse is the subject of the new research paper “Harnessing AI for Equity in Mortgage Finance,” created in collaboration of Federal...
At a time when the average home emergency costs around $2,000 to repair, roughly one-third (31%) of homeowners admit to having $1,000 or less saved for these emergencies. According to a survey of 1,000 adults conducted by Today’s Homeowner, 82% of homeowners...
Mortgage Bankers Association President and CEO Bob Broeksmit opened the 2023 edition of his organization’s Annual Convention & Expo will a full-throttle assault against the federal government for policies that he decried as having a destructive impact on the...
Today’s homebuyers are receiving more than a little help from their families in their pursuit of the American Dream of homeownership. A new survey of 2,000 adults by LendingTree (NASDASQ:TREE) found nearly two in five homeowners (39%) have received down payment...