As inflation eases and mortgage rates fell from their highest level, housing payments declined. A new Redfin report reveals an uptick in new listings, and what the drop in monthly payments could mean for homeowners and buyers in the coming year.
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HUD Recaps Historic Investments Made Over the Biden Administration
In a new report, HUD outlines the policies and programs implemented over the last four years that have boosted the supply of housing, helped first-time homebuyers, provided rental assistance,...
Pending Home Sales Fall to 24-Month Low
A new study has found that roughly 40,000 home purchases were called off in December, equal to 16% of homes that went under contract—the highest December percentage on record. The post Pending...
Mortgage Apps Jump YoY in December
According to the Mortgage Bankers Association (MBA), new home purchase applications ticked up in December compared to a year ago, as "first-time homebuyers remained active in the new home...
U.S. Homeowners Boast Extra Space
Declining household sizes and an increase in the number of bedrooms per home are driving the “golden age” of extra bedrooms. The post U.S. Homeowners Boast Extra Space first appeared on The...
Variable, Gig Income May Improve Consumer’s Access to Credit
Aspiring homeowners may be able to get approved for a mortgage loan by leveraging all available income sources, according to a recent Fannie Mae report that showed how critical it is to ensure a...
HUD Hands Out Millions in Grants to Support Seniors, Expand Affordability
While many elderly Americans struggle with housing affordability and homelessness, HUD announced that it has awarded non-profit organizations funding totaling nearly $100 million to support the...
Trump Taps Bill Pulte as Next FHFA Director
The private equity executive and grandson of U.S. homebuilder William Pulte, Founder and Chair of PulteGroup, has been nominated as next leader of the FHFA. The post Trump Taps Bill Pulte as Next...
A Closer Look at YOY Foreclosure Filings
“The continued decline in foreclosure activity throughout 2024 suggests a housing market that may be stabilizing, even as economic uncertainties persist,” said Rob Barber, CEO at ATTOM. The post A...
Meeting Renters Where They Are
In a digital-first age, property management companies can make the refund process smoother for everyone involved and create a positive impression that leaves the door open to future rentals and...
Report: HOA Fees On the Rise
A new report from Realtor.com revealed the metros with the highest share of Homeowners Association (HOA) fees—further adding to housing and personal financial stressors faced by many...
Report: HOA Fees On the Rise
A new report from Realtor.com revealed the metros with the highest share of Homeowners Association (HOA) fees—further adding to housing and personal financial stressors faced by many...
Record Number of Renters Struggle With Affordability
New data finds that cost burdens have hit an all-time high, with half of U.S. renters paying more than 30% of their income on housing, leaving many with historically low residual incomes. The post...
2025 Forecast: Where Do Americans Want to Move?
Many Americans have said they would prefer to relocate in 2025, despite historically low rates of migration in the U.S. However, the desire to move is still prevalent, although relocation trends...
Keeping Pace With Digital Advances
The Five Star Institute, in partnership with DocMagic, will present an upcoming webinar detailing how eNotes can prepare your mortgage operations for the digital age. The post Keeping Pace With...
FHFA Expands Access to Liquidity for Federal Home Loan Bank System
The Agency is modifying the treatment of certain types of unsecured credit to better enable the FHLBanks to respond to their members’ liquidity needs. The post FHFA Expands Access to Liquidity for...
The American Dream of Homeownership Lives On
New poll finds that sentiment towards homeownership remains positive as Americans identify it as a life goal, but is it still seen as necessary to build long-term wealth? The post The American...
HUD Awards $100 Million to Boost U.S. Housing Supply
The Department has awarded grants to cut red tape, build more homes, and lower the costs of renting and buying homes nationwide. The post HUD Awards $100 Million to Boost U.S. Housing Supply first...
Freddie Mac Multifamily Announces Billions of MBS Issued in 2024
According to a recent report, Freddie Mac Multifamily declared the implementation of greater flexibility to satisfy investor demands and improve the multifamily market's liquidity, stability, and...
Q4 Home Price Growth Advances as Rates Rebound
Single-family home prices increased year-over-year during Q4, "following back-to-back quarters of deceleration," according to Mark Palim, Fannie Mae SVP and Chief Economist. Click here to view...
Property Tax Hikes Strike Once-Affordable States
Rapid home price growth has driven property tax surges, with states like Colorado, Georgia, and Florida reporting record increases. The post Property Tax Hikes Strike Once-Affordable States first...