Financing Financing for Affordable Housing Is Increasingly Harder to Secure Developers of affordable housing are having a tougher time lining up financing. Amid the COVID-19 pandemic, there is significant uncertainty...
Financing Mortgage Demand Spikes in April, Signaling Unexpectedly Quick Recovery There is a heat wave coming, but we’re not talking about the upcoming weather. The housing market is heating up as strong mortgage demand...
Financing Low Mortgage Rates Heat Up Market, Raise Future Mobility Concerns On May 21st, the interest rate on a 30-year home loan was 3.24 percent—a full percentage point lower than the same time in 2019, according...
Financing How Low Will Mortgage Rates Go? Right before the country was immersed in a pandemic, low interest rates dominated the real estate conversation. Buried under all the...
Financing Climbing Weekly Mortgage Applications Hint at Housing Recovery Six weeks ago, mortgage applications for home purchases were down 35 percent annually, but demand is roaring back. Purchase volume jumped 6...
Financing Coronavirus Blamed for Tighter Credit on Loans for Builders In case the suppressed demand and supply chain disruptions were not enough, builders are now reporting tighter credit conditions on loans...
Financing Relaxed Stay-at-Home Orders Spark Last Minute Rally in Spring Homebuying Season Spring has sprung, and in just over a month it will be gone without the homebuying season ever taking off, thanks to the coronavirus. But as...
Financing Pent-Up Demand, Low Interest Rates Spark 11% Jump in Purchase Loan Applications Spring may have finally sprung for the housing market. For the fourth week straight, the weekly applications to purchase a home rose,...
Financing 'Pent-Up Demand' Drives Growth in Homebuyer Interest for Third Straight Week After spending so much time at home, some Americans are itching to move into a new one. “Pent-up demand for homebuying” drove buyer interest...
Financing Mortgage Activity Shows Signs of Homebuyers Returning to Market When the pandemic first began in the U.S., it was overwhelming. Homebuyers pulled back from the housing market as the country assessed and...