Search Results for:

You are here

Two Florida reverse mortgage companies adjust to changing market with merger
News 2 months ago
Two Florida reverse mortgage companies adjust to changing market with merger
Source HousingWire

Two Florida-based reverse mortgage firms have merged in a move they say will better serve customers in a changing market environment. Access...

Share
Redfin launches mortgage lending in Florida, Maryland, and Tennessee
News 2 months ago
Redfin launches mortgage lending in Florida, Maryland, and Tennessee
Source HousingWire

Homebuyers in Florida, Maryland, and Tennessee can now turn to Redfin for their mortgage, as the online real estate brokerage announced this week...

Share
Zumper: Rent prices see slight jump in April, bringing renters some relief
News 2 months ago
Zumper: Rent prices see slight jump in April, bringing renters some relief
Source HousingWire

Good news San Francisco renters! The median rent price for a one-bedroom unit remained at $3,700 for April, according to Zumper's latest National...

Share
Blue skies ahead, or is the housing market falling off a cliff?
News 2 months ago
Blue skies ahead, or is the housing market falling off a cliff?
Source HousingWire

People who track the housing market got a dose of data whiplash this week. At 9 a.m. on Tuesday the S&P CoreLogic Case-Shiller index showed the...

Share
What's behind the recent surge in rental growth?
News 2 months ago
What's behind the recent surge in rental growth?
Source HousingWire

Is the recent surge in rental growth an indicator of tightening rental markets? In March, rental growth increased to 3.7% from last year, a 12...

Share
Mortgage brokers provide lower rates and increase consumer homebuying power
News 2 months ago
Mortgage brokers provide lower rates and increase consumer homebuying power
Source HousingWire

HousingWire sat down with AIME Chairman Anthony Casa to discuss how brokers provide homebuyers with year-round low rates. Q. We know that mortgage...

Share
First American: America's home buying power strengthens in February
News 2 months ago
First American: America's home buying power strengthens in February
Source HousingWire

In February, home prices declined 0.4%, but rose 2.9% year over year, according to First American's Real House Price Index. According to First...

Share
Fifth Third will give low-income borrowers $1,500 to cover mortgage closing costs
News 2 months ago
Fifth Third will give low-income borrowers $1,500 to cover mortgage closing costs
Source HousingWire

Aiming to boost homeownership for low-income families, Fifth Third Bank is rolling out a new mortgage lending program that will provide as much as ...

Share
Bring on the refis: Freddie Mac expects mortgage rates to remain low all year
News 2 months ago
Bring on the refis: Freddie Mac expects mortgage rates to remain low all year
Source HousingWire

Favorable mortgage rates are expected to boost homebuyer affordability for the remainder of 2019, according to Freddie Mac's April Forecast....

Share
Median rent reaches all-time high
News 2 months ago
Median rent reaches all-time high
Source HousingWire

Median asking rent has reached an all-time high, rising to a record $1,006 in the first quarter of 2019, according to recent data from the U. S....

Share
CFPB policy director to head external relations at FHFA
News 2 months ago
CFPB policy director to head external relations at FHFA
Source HousingWire

The Federal Housing Finance Agency has announced Sheila Greenwood will join the agency as director of External Relations. As such, she will oversee...

Share
Urban Institute urges CFPB to release more data on multifamily lending
News 2 months ago
Urban Institute urges CFPB to release more data on multifamily lending
Source HousingWire

Multifamily lenders are required by the Home Mortgage Disclosures Act to report data to regulators on the number of units in a property, including...

Share
Study finds home equity can solve part of the retirement crisis
News 2 months ago
Study finds home equity can solve part of the retirement crisis
Source HousingWire

The majority of middle-income seniors will not have enough money to cover essential living and medical expenses a decade from now, according to a...

Share
Freddie Mac: Mortgage rates rise for the fourth consecutive week
News 2 months ago
Freddie Mac: Mortgage rates rise for the fourth consecutive week
Source HousingWire

Mortgage interest rates have now risen for the fourth consecutive week, according to the latest Freddie Mac Primary Mortgage Market Survey. Notably...

Share
Ouch! New tax code hit Wall Street where it hurts: Hamptons home prices
News 2 months ago
Ouch! New tax code hit Wall Street where it hurts: Hamptons home prices
Source HousingWire

Home sales and prices tumbled in 2019's first quarter in the Hamptons, the summer playground for Wall Street bankers and Hollywood glitterati....

Share
NAMB wants Congress to expand the protected classes to include veterans
News 2 months ago
NAMB wants Congress to expand the protected classes to include veterans
Source HousingWire

This week, the National Association of Mortgage Brokers pleaded with its members and the general public to join the organization as it continues to...

Share
This is where Millennials want to live
News 2 months ago
This is where Millennials want to live
Source HousingWire

A recent report from the National Association of Realtors reveals that Millennial homeownership migration is primarily motivated by market...

Share
Morgan Stanley to pay $150 million for pushing toxic mortgage bonds on California's teachers and public employees
News 2 months ago
Morgan Stanley to pay $150 million for pushing toxic mortgage bonds on California's teachers and public employees
Source HousingWire

Morgan Stanley has agreed to a $150 million settlement to resolve claims that it misrepresented the poor-quality of pre-crisis mortgage bonds and...

Share
Dying malls resurrected in multifamily markets
News 2 months ago
Dying malls resurrected in multifamily markets
Source HousingWire

As major anchor retailers at malls continue to shut their doors - Macy's, J. C. Penney, Sears - those properties are finding a common ground to...

Share
How many borrowers are taking out jumbo reverse mortgages? No one really knows
News 2 months ago
How many borrowers are taking out jumbo reverse mortgages? No one really knows
Source HousingWire

For the last several months, data on reverse mortgage volume has illustrated a steady descent as the industry has struggled to regain its footing...

Share
U.S. Homeowner Vacancy Rate: It’s back to the 90s
News 2 months ago
U.S. Homeowner Vacancy Rate: It’s back to the 90s
Source HousingWire

Remember when O. J. Simpson fled police in his white Ford Bronco? Or, when figure skater Nancy Kerrigan was clubbed in the knee in the "whack heard...

Share
Where do renters want to live?
News 2 months ago
Where do renters want to live?
Source HousingWire

Earlier this year, a report from CBRE showed that there were more apartments built last year than in almost any other year since the 1980s. The...

Share
Fannie Mae: Most Americans can't afford to live in thriving neighborhoods
News 2 months ago
Fannie Mae: Most Americans can't afford to live in thriving neighborhoods
Source HousingWire

Housing affordability has been a tremendous concern for Americans across the country, especially as affordability conditions now sit at a 10-year...

Share
HUD sued over new down payment assistance rules for FHA mortgages
News 2 months ago
HUD sued over new down payment assistance rules for FHA mortgages
Source HousingWire

Last week, the Department of Housing and Urban Development announced it was issuing new rules for down payment assistance on mortgages backed by...

Share
GE's subprime lender WMC Mortgage files for Chapter 11 bankruptcy
News 2 months ago
GE's subprime lender WMC Mortgage files for Chapter 11 bankruptcy
Source HousingWire

General Electric is moving closer to putting its failed attempt to capitalize on the subprime lending boom into its rearview mirror. Earlier this...

Share
LendingTree: First-time homebuyers struggle to navigate home lending
News 2 months ago
LendingTree: First-time homebuyers struggle to navigate home lending
Source HousingWire

Choosing the right mortgage lender can be difficult, especially for those navigating the housing market for the very first time. In order to gauge...

Share
MBA: Geopolitical headwinds dampen mortgage application growth
News 2 months ago
MBA: Geopolitical headwinds dampen mortgage application growth
Source HousingWire

As geopolitical turmoil mounts, mortgage applications retreated further for the week ending April 24, 2019, according to the newest data from the...

Share
Most homeowners think a reverse mortgage is a last-resort option. Here's why they're wrong
News 2 months ago
Most homeowners think a reverse mortgage is a last-resort option. Here's why they're wrong
Source HousingWire

Reverse mortgages are traditionally thought of as a last-resort option for seniors who want to stay in their homes but have little resources and...

Share
Falling mortgage rates propel 4.5% growth in new home sales
News 2 months ago
Falling mortgage rates propel 4.5% growth in new home sales
Source HousingWire

As mortgage rates continued to slide throughout March, new data from the Census Bureau and the Department of Housing and Urban Development shows...

Share
Black Knight: Interest rate drop led to flood of mortgage prepayments in March
News 2 months ago
Black Knight: Interest rate drop led to flood of mortgage prepayments in March
Source HousingWire

Mortgage interest rates dropped throughout the month of March, culminating in interest rates closing out the month with the largest single-week...

Share