People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report
by Daniel Houston Today 8:42 A.M.
Interest rates for a 15-year mortgage hit new all-time lows amid high sale prices and low inventory; rates for 30-year loans dipped as well
by Daniel Houston Jul 22
Nearly 60% of agents surveyed by HomeLight said they expect a home office to be a top priority for buyers in a post-vaccine landscape
by Daniel Houston Jul 21
A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals
by Daniel Houston Jul 16
The average interest rate on a 30-year fixed rate mortgage dipped further this week, according to data from Freddie Mac
by Daniel Houston Jul 15
New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data
by Daniel Houston Jul 14
Digital mortgage marketplace OwnUp's latest study revealed buyers with good credit scores can lose $40K in interest savings by failing to shop loan options
by Marian McPherson Jul 8
Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages
by Daniel Houston Jun 30
The technology-based lender co-founded by former Zillow executive Greg Schwartz is now live in Seattle, Dallas and Houston
by Matt Carter Jun 30
Freddie Mac's chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January
by Daniel Houston Jun 24
In a new Zillow survey, homeowners ranked refinancing as easier than divorce or dieting, but 'significantly tougher' than training a puppy
by Daniel Houston Jun 23
Requests to refinance accounted for 62.5 percent of all applications
by Matt Carter Jun 23
Lenders in 2020 refinanced more than twice as many loans as they reported the previous year, a dramatic feature of the pandemic lending boom
by Daniel Houston Jun 22
New initiatives are aimed at helping close the housing affordability gap for Black and Latino families
by Daniel Houston Jun 16
The company is seeking Chapter 11 protection as it reports assets worth far less than the venture capital it's raised
by Daniel Houston Jun 7
Will Flagstar merger supercharge New York Community Bank's mortgage lending?
by Matt Carter Apr 26