Economics As Mortgage Rates Lower, Millions of Americans Can Save Big With mortgage rates down to a new low, a record 19.4 million Americans could save hundreds per month. The average interest rate for Freddie...
Financing Disaster Recovery Through Job Order Contracting When disaster strikes your community, job order contracting is a reliable, efficient way to fund rebuilding efforts
Market Data + Trends Mortgage Demand Shrinks to 6-Month Low Record low mortgage rates are proving to be unhelpful as homebuyer demand falls for the sixth time in seven weeks. Mortgage application...
Government + Policy The Potential Future of Housing-Finance Reform Under the Biden Administration The future of the housing-finance giants Fannie Mae and Freddie Mac now falls onto President-elect Joe Biden’s shoulders. Both have remained...
Economics Election Drops Mortgage Rates to 12th New Low This Year CNBC says the presidential election pushed mortgage rates even lower this week, breaking the 12th record this year. For the week ending...
Financing Refinancing Boosts Mortgage Demand The Mortgage Bankers Association’s seasonally adjusted index found an increase in mortgage demand last week, fueled by record low rates for...
Demographics Banks Step in to Shrink Black Homeownership Gap More banks are rolling out initiatives in order to bolster historically low homeownership rates for minorities. In Washington, DC, one...
Housing Markets 10 Cities at Greatest Risk for Possible Housing Crisis Realtor.com warns of a housing crisis on the horizon for 10 US cities with the highest number of delinquent FHA loans. In August, nearly 17...
Affordability Current Home Prices Are Too Costly for Average Homeowner In the majority of US counties, the current median price of a home or condo is far too expensive for an average homeowner. CNBC reports that...
Financing Should Buyers Wait for Lower Mortgage Rates? With mortgage rates fluctuating over the past six months, dipping down to record lows, it makes sense why some buyers would be unsure of...