U.S. Housing Market
Indiana Realtors Secure $500,000 Grant to Assist State Residents Impacted by Recent Storms
Eligible homeowners and renters may apply for grants of up to $1,000 to assist with qualifying housing-related needs. Continue Reading Indiana Realtors Secure $500,000 Grant to Assist State Residents Impacted by Recent Storms
Kennedy Wilson Teams with Japanese Construction Firm on Atlanta-Area Multifamily Development
The approximately $139 million development is expected to welcome its first residents in 2028. Continue Reading Kennedy Wilson Teams with Japanese Construction Firm on Atlanta-Area Multifamily Development
The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
The mortgage market remains healthy overall, but FHA serious delinquencies have climbed sharply. John G. Stevens argues that the industry should understand why borrowers are struggling before today’s warning signs become tomorrow’s foreclosure statistics. Continue Reading The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
There Isn’t One U.S. Housing Market. We Need to Stop Talking Like There Is
U.S. home prices rose 2.1% nationally, but some states gained more than 8% while others declined. The national housing headline is telling only part of the story. Continue Reading There Isn’t One U.S. Housing Market. We Need to Stop Talking Like There Is
More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable
Non-QM lending is giving more borrowers a path to financing. That can be good for housing, but qualifying for a mortgage and being able to afford the home are two different things. Continue Reading More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the House Affordable
Atlanta-Area Development Could Lose Proposed Rental Housing Unless It Snags an NHL Team
Atlanta has not had an NHL presence since 2011. Continue Reading Atlanta-Area Development Could Lose Proposed Rental Housing Unless It Snags an NHL Team
Mortgage Rates Record the Barest of Upticks
The 30-year fixed-rate mortgage averaged 6.66% as of Aug. 27, inching up from last week when it averaged 6.65%. Continue Reading Mortgage Rates Record the Barest of Upticks
We Made Mortgage Lending Safer. Did We Make It Too Safe?
Mortgage lending is safer than it has been in decades. But as credit standards remain tight and fewer moderate-credit borrowers obtain mortgages, John G. Stevens asks whether the industry has become too good at avoiding risk. Continue Reading We Made Mortgage Lending Safer. Did We Make It Too Safe?
Foreclosure Starts Increased 10% Year-Over-Year
Nevada led the nation with one foreclosure filing for every 1,703 housing units. Continue Reading Foreclosure Starts Increased 10% Year-Over-Year
Homebuyer Affordability Improved Slightly in July
he national median mortgage payment for conventional loan applicants was $2,184. Continue Reading Homebuyer Affordability Improved Slightly in July
2 Connecticut Office Buildings to be Converted into Multifamily Housing
Last January, the other four buildings within the Merritt 7 office park were sold for $58.5 million. Continue Reading 2 Connecticut Office Buildings to be Converted into Multifamily Housing
Mortgage Lending Changed. The Federal Home Loan Bank System Hasn’t Kept Up
Independent mortgage banks now originate a substantial share of American home loans but remain ineligible for Federal Home Loan Bank membership. Is a 94-year-old membership structure still right for today’s mortgage market? Continue Reading Mortgage Lending Changed. The Federal Home Loan Bank System Hasn’t Kept Up
Prosperity Home Mortgage Expands into Servicing
“Buying a home may be one transaction, but homeownership is a journey that lasts for years,” said Chris Kelly, president and CEO of HomeServices of America. “ Continue Reading Prosperity Home Mortgage Expands into Servicing
Mortgage Application Activity Dips by 1%
The FHA share of total applications decreased to 16.2% from 17.1% the week prior. Continue Reading Mortgage Application Activity Dips by 1%
Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error
The deadline for property owners to file for an exemption on the new tax has been moved back to Oct. 6. Continue Reading Mamdani Issues New Deadline on Pied-à-Terre Tax Appeals, Admits 1,200 Contacted in Error
