U.S. Housing Market
Report: Housing in Q3 Grows Less Affordable Across Most of the Country
The nation hit a new record high median home price of $375,000 in the third quarter. Continue Reading Report: Housing in Q3 Grows Less Affordable Across Most of the Country
Trophy Signature Homes Unveils New Community in Dallas Suburb
Earlier this year, the US Census Bureau named Princeton, Texas, as the nation’s fastest growing city Continue Reading Trophy Signature Homes Unveils New Community in Dallas Suburb
Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Progressive is also introducing The UpPayment program, a down payment assistance program that will provide a $13,500 grant towards the purchase of a home to up to 100 qualified applicants. Continue Reading Progressive Insurance Debuts Program to Empower Prospective Homebuyers
Texas Legislature Passes Property Tax Relief Bills
The property tax relief bills are part of a 1,056-page, $338 billion two-year budget. Continue Reading Texas Legislature Passes Property Tax Relief Bills
Report: $17.6 Trillion in Q1 Home Equity
The new data report also found the average introductory rate on second lien HELOCs dropped below 7.5% in March. Continue Reading Report: $17.6 Trillion in Q1 Home Equity
Proper Rate Launches Same Day Mortgage
The service is being marketed to allow borrowers to compete against all-cash buyers. Continue Reading Proper Rate Launches Same Day Mortgage
Mortgage Rates Drop For Fifth Straight Week
Rates are at their lowest level in two months. Continue Reading Mortgage Rates Drop For Fifth Straight Week
Welcome Homes Expands Proptech Services to Georgia and North Carolina
The company is now operating in nine states. Continue Reading Welcome Homes Expands Proptech Services to Georgia and North Carolina
Can Micro-Apartments Solve a California Housing Shortage?
Units can be as small as 220 square feet. Continue Reading Can Micro-Apartments Solve a California Housing Shortage?
Mortgage Application Activity Up 5.3%
The Refinance Index inched up by a scant 0.1% from the previous week. Continue Reading Mortgage Application Activity Up 5.3%
United Wholesale Mortgage Launches Conventional 1% Down
Mat Ishbia, president and CEO of UWM, said the company will “continue developing products and solutions that will help get more borrowers into homes faster, easier and cheaper.” Continue Reading United Wholesale Mortgage Launches Conventional 1% Down
Planet Home Lending Debuts 1st Year Flex Program
“We’re committed to finding innovative solutions to help more borrowers purchase a home,” said Michael Dubeck, CEO and President of Planet Financial Group. Continue Reading Planet Home Lending Debuts 1st Year Flex Program
Person of the Week: Dr. Anthony B. Sanders, Chief Economist at Artesia Economics
“I keep hoping some people are going to start noticing that they’ve created a mega-storm and we’re going to pay the price for it eventually,” Sanders said. Continue Reading Person of the Week: Dr. Anthony B. Sanders, Chief Economist at Artesia Economics
Majority of Millennials Are Now Homeowners
Still, more than 17 million millennials are still in rental housing. Continue Reading Majority of Millennials Are Now Homeowners
Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low
“Mortgage credit supply increased modestly in March but remained close to its tightest levels since 2013,” said MBA’s Vice President and Deputy Chief Economist Joel Kan. Continue Reading Mortgage Credit Availability Up Slightly, But Still Near 10-Year Low
