Mortgage rates are climbing again, raising the cost of a home loan to its highest level in seven months. The average rate on a typical 30-year mortgage is now 6.91%, up from 6.69% a week […]
As homeownership levels sank, rental housing levels increased. The post OUCH! US Homeownership Rate at Lowest Level Since 1970 appeared first on Weekly Real Estate News.
“Homebuyers are getting used to current rates and continue to pursue homeownership,” said Freddie Mac’s Sam Khater. The post Freddie Mac: Another Mortgage Rate Uptick appeared first on Weekly Real Estate News.
Most Americans believe that homeownership is the cornerstone of the American dream. Studies have shown the emotional and psychological benefits that homeownership has on a person’s health and self-esteem, and that children of homeowners do […]
Homeownership remains at the core of the American Dream. After all, it improves financial security, enhances family and community stability, and builds intergenerational wealth. The Federal Reserve’s 2019 Survey of Consumer Finances found that the median […]
Feb. 8, 2023 (Staff Writer)- The PropTech firm MRI Software has good news for landlords and property managers: They can easily make renters happy by adopting green practices and digital communications. Additionally, luxury amenities […]
Special purpose credit program offers up to $7,500 in lender credits for first-time buyers in underserved communities to eliminate a significant hurdle to homeownership “Homeownership has a significant impact on strong communities and the creation […]
As the 118th Congress begins, we return to a divided government in Washington. The American public will be looking to Washington for bi-partisan initiatives and real accomplishments. One of the prime areas of opportunity is […]
Source: Buy Side from WSJ — If you’re struggling to buy your first home, an FHA mortgage could save the day. These loans, backed by the federal government, are designed to help would-be home buyers […]
The housing industry is at an unprecedented moment in time. The COVID-19 pandemic brought interest rates to record lows and spurred a $4 trillion purchase and refinance mortgage boom in 2021. Rapid inflation not seen […]
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