U.S. Housing Market Updates
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Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
“This launch underscores our commitment to supporting the non-QM ecosystem,” said Tom Hutchens, president of Angel Oak Mortgage Solutions. Continue Reading Non-QM Lender Angel Oak Mortgage Solutions Debuts 5- and 7-Year Adjustable-Rate Mortgages
Mortgage Rates Go Into Decline
The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9. Continue Reading Mortgage Rates Go Into Decline
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing
By the end of July, there were 23,804 listings available for sale across the Bright MLS service area, a 26.2% year-over-year spike. Continue Reading Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing
Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
Trump has recently met at the White House with several chief executives at major banks to discuss strategies for the privatization of Fannie Mae and Freddie Mac. Continue Reading Trump Hints at Merged Fannie-Freddie with November Listing on NYSE
Report: Cash-Out Refinances Fuels Most Refinancing Activity
The report also found tappable equity hit another record high during the second quarter. Continue Reading Report: Cash-Out Refinances Fuels Most Refinancing Activity
The City with the Biggest Annual Rent Hike Is…
New York City leads the nation with the highest typical rents. Continue Reading The City with the Biggest Annual Rent Hike Is…
FHA Updates 203(k) Program for Home Repair Financing
“The changes we are announcing today for the 203(k) program are long overdue,” said FHA Commissioner Julia Gordon. Continue Reading FHA Updates 203(k) Program for Home Repair Financing
The Best and Worst Cities for Renters Are…
Memphis ranked last among the more than 180 cities ranked by WalletHub. Continue Reading The Best and Worst Cities for Renters Are…
Survey: Most Gen Zers Believe They’ll Never Own a Home
Nearly all respondents (98%) cited significant barriers to homeownership. Continue Reading Survey: Most Gen Zers Believe They’ll Never Own a Home
Inventory Levels Up 36.7% from Last Year
Nonetheless, inventory levels were still far below pre-pandemic levels except in a few southern metros. Continue Reading Inventory Levels Up 36.7% from Last Year
New Report Links Housing to Good Health in Maine
Nearly 2,700 people are considered homeless in Maine. Continue Reading New Report Links Housing to Good Health in Maine
A Phil Hall Op-Ed: How Would Trump Impact Housing Policy?
The Trump re-election website has a page called “Issues” which fails to include housing among the topics impacting Americans. Continue Reading A Phil Hall Op-Ed: How Would Trump Impact Housing Policy?
1 in 4 New Hampshire Homes Listed for at Least $1 Million
More than 110 localities had at least one seven-figure single-family home for sale last month. Continue Reading 1 in 4 New Hampshire Homes Listed for at Least $1 Million
Fannie Mae: Housing Sentiment Level Rises
“Affordability concerns remain the primary driver of consumer housing sentiment,” said Deputy Chief Economist Mark Palim. Continue Reading Fannie Mae: Housing Sentiment Level Rises
Hits and Misses for the Real Estate Week of July 1-5
A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. Continue Reading Hits and Misses for the Real Estate Week of July 1-5
