In another new sign of the times, roughly 64,000 home-purchase agreements fell through in August 2022 according to Redfin, a number equal to 15.2% of all homes that went under contract that month. To put it another way, that number is up 12.1% from a year ago. The percentage of backouts has now hovered around ...
The post Redfin: 64,000 Buyers Cancelled Contracts in August appeared first on theMReport.com.
Sens. Mike Rounds, Tina Smith, Mike Crapo, and Jack Reed have introduced the Reducing Homelessness Through Program Reform Act, a measure drafted to cut red tape and formulate solutions to address...
"Renters have the upper hand—at least for now—because there are a near-record number of apartments coming on the market that landlords are scrambling to lease," said Sheharyar Bokhari, Senior...
A new report from the Federal Reserve Bank of New York found that U.S. households were more optimistic about their year-ahead financial situations and credit access, with improvements reported in...
Targeting a reported $2.5 billion renovation to the Federal Reserve’s headquarters in D.C., President Trump called for an inquiry into Fed Chair Jerome Powell amid his refusal to cut interest...
With new actions from HUD Secretary Scott Turner, President Trump has declared a major disaster for the State of Texas, offering immediate assistance for over 900 FHA single-family mortgages in...
A new report from the Bureau provides data on the American population who do not have a credit record, or have insufficient credit history to have a credit score. The post CFPB Updates Data on...
In a move to boost U.S. homeownership, Fannie Mae and Freddie Mac have been approved to take rental history into account through VantageScore 4.0. The post Fannie/Freddie Approved to Use...
"This year's market is a study in contrasts," said Danielle Hale, Chief Economist at Realtor.com. "Many sellers, anchored by peak price expectations and upheld by strong equity positions, are...
With Justice Jackson dissenting, the Supreme Court has reversed a court order that barred the Trump administration from reducing staff and implementing layoffs at various federal agencies. The...
This article originally appeared in the July 2025 edition of MortgagePoint magazine, online now. Malloy Evans is Fannie Mae’s EVP and Head of Single-Family, reporting to the President and Chief...
The Department is investigating BNPL products to ensure that FHA single-family mortgage insurance policies effectively address the evolving financial landscape and support the needs of American...
Home-flipping profits fell in Q1, according to new ATTOM data, which also revealed which U.S. metro regions had the highest and lowest profit margins. The post Share of Home Flips Slips in Popular...
Economic cracks are starting to show within the housing market, from stalled sales to diverging regional trends. What do the experts say is coming next? The post Fault Lines in the Market first...
The 4th Annual Terwilliger Center Summit on Housing Supply Solutions brought together leaders from government, business, philanthropy, and more to discuss solutions to the nation’s shortage of...
While bankruptcy filings overall have been trending upwards during the first six months of the year, an uptick in individual Chapter 7 bankruptcy filings “underscores the growing financial...
Fannie Mae’s latest Home Purchase Sentiment Index finds a growing number of respondents concerned about losing their jobs, with growing concerns about a possible tariff-induced recession impacting...
Median incomes in the U.S. can now afford the average home in just 11 large markets, compared to 39 markets five years ago, according to recent Zillow data. The post Homebuyer Costs Heighten as...
"In some areas, affordability concerns have also slowed buyer demand, giving the market room to breathe and contributing to gains in homes for sale,” said Danielle Hale, Chief Economist at...
President Trump’s sweeping tax measure reinstates and make permanent the deductibility of mortgage insurance premiums, which, on average, saved qualified homeowners an average of $2,364 in tax...
President Trump’s $3.3 trillion tax measure has passed the Senate just under its July 4th deadline, as MortgagePoint looks at the bill’s impact on the CFPB, and on the housing market through the...
