U.S. Housing Market
Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
New Foundations DPA provides 3.5% down payment assistance on the purchase price of a single- or double-wide manufactured home on a permanent foundation. Continue Reading Arrive Home Launches Down Payment Assistance Program for Manufactured Home Purchasing
MegPrime and Megatel Homes Debut Digital Rewards Program for Buyers and Brokers
All rewards are issued in MegPrime tokens and may be converted to US dollars through the MegPrime app. Continue Reading MegPrime and Megatel Homes Debut Digital Rewards Program for Buyers and Brokers
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
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
During the five years analyzed by the report, Black homebuyers purchased homes that are 40% to 58% lower in price than those of non-Black buyers. Continue Reading St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
Housing Starts Down During June
Single‐family authorizations in June were at a rate of 922,000, up 2.2% from the revised May figure of 902,000. Continue Reading Housing Starts Down During June
Builder Confidence Up for Seventh Straight Month
Only 22% of builders reported cutting prices in July, down from 25% in June and 27% in May. Continue Reading Builder Confidence Up for Seventh Straight Month
The Best and Worst Cities for First-Time Home Buyers Are…
Honolulu has the lowest real estate tax rate at 0.30%, while the highest is in Waterbury, Connecticut, at 3.59%. Continue Reading The Best and Worst Cities for First-Time Home Buyers Are…
Luke Bryan cuts price on Florida mansion for second time
The four-story five-bedroom, five-bathroom property was built in 1994 and bought by Ryan in 2013 for $2.5 million. Continue Reading Luke Bryan cuts price on Florida mansion for second time
New York Fed Study Finds Rising Level of Loan Application Rejections
The rejection rate for mortgages in June was 13.2%, up from 10% in February. Continue Reading New York Fed Study Finds Rising Level of Loan Application Rejections
Angelo Mozilo, former Countrywide Financial CEO, Dies at 84
Time magazine would place Mozilo at the top of its list of the 25 People to Blame for the Financial Crisis. Continue Reading Angelo Mozilo, former Countrywide Financial CEO, Dies at 84
A Phil Hall Op-Ed: Remember GSE Reform?
In 2008, then-Treasury Secretary Hank Paulson called conservatorship a “timeout” for the GSEs. Continue Reading A Phil Hall Op-Ed: Remember GSE Reform?
Ohio Homeownership Rate Drops to Record Low
Roughly 209,600 homes were sold in Ohio last year, the lowest total since 2015 Continue Reading Ohio Homeownership Rate Drops to Record Low
The Best and Least Educated Cities Are…
Michigan’s Ann Arbor has the highest share of bachelor’s degree holders aged 25 and older, 57.2%. Continue Reading The Best and Least Educated Cities Are…
Rick Beckwitt to Retire From Leadership Role at Lennar
Beckwitt’s retirement will be effective Sept. 1. Continue Reading Rick Beckwitt to Retire From Leadership Role at Lennar














