As interest rates remain volatile and demand continues to suffer, lenders across the industry are seeking new avenues to reach borrowers. Often, that means analyzing target markets to determine fresh ways to connect with growing […]
With rising rates and low housing inventory, lenders are competing for every borrower they can get. In light of that, HW Media Editor-in-Chief Sarah Wheeler had the opportunity to catch up with Ty Tucker, CoreLogic […]
Mortgage rates have more than doubled from the beginning of the year and homebuyers facing affordability challenges are increasingly turning to adjustable-rate mortgages (ARMs) to reduce their monthly payments. The latest weekly survey data from […]
Source: Redfin — SEATTLE–(BUSINESS WIRE)– (NASDAQ: RDFN) — A record 33.9% of Redfin.com users nationwide looked to move from one metro to another in July and August, according to a new report from Redfin (www.redfin.com), the […]
Source: Chicago Business — Nearly one-third of U.S. homes sold in July were all-cash deals, with Long Island and West Palm Beach topping the list. Here’s where Chicago and Milwaukee figured in the ranking. (Bloomberg) […]
Home affordability has become a major concern amid double-digital home price appreciation and rising mortgage rates. Compared to last year, the average monthly mortgage payment is now 50% higher. These rising costs are deterring an […]
Gen Zer homebuyers are beginning to make a dent in the share of mortgage offers made in some of the nation’s trendiest metropolitan areas. The young adults are more eager than their millennial predecessors to buy homes […]
Gen Zers — those born between 1997 and 2012 — are as a group more positive than the slightly older millennial generation regarding what homeownership means for their future financial well-being. Research and advisory firm […]
Although inventory is closer to catching up with last year, home shoppers are still contending with fewer homes for sale. The national inventory of active listings declined by 12.2% over last year, while the total […]
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