For the first time since he took office, President Biden openly confronted the challenges facing the U.S. housing industry and offered several proposals aimed at homeownership and rental housing. A Last-Minute Acknowledgment Housing market issues were conspicuously...
Mortgage rates were slightly down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.88% as of March 7, down from last week when it averaged 6.94%. A year ago at this time, it averaged 6.73%....
Homeowners looking for the biggest payout on their residential sales may wish to wait until the first half of June before listing their property. According to a new data analysis of 2023 home sales by Zillow (NASDAQ:Z, ZG), properties listed in the first two weeks of...
A new study from ATTOM has determined that 34 of the 50 counties with the most at-risk housing markets in the fourth quarter of 2023 were based in three states. ATTOM defined at-risk markets based on data related to home affordability, underwater mortgages,...
U.S. homeowners with mortgages saw their home equity increase 8.6% year-over-year during the fourth quarter of 2023, according to new data from CoreLogic. This represented a collective gain of $1.3 trillion and an average increase of slightly more than $24,000 per...
California Shuts Down Nano Banc; FDIC Estimates $114 Million Loss
