September’s Last Week Is the Best Time to Purchase a Home, Study Shows
Early autumn is the "sweet spot" for people looking to buy a home, according to Realtor.com.
September 21, 2022 5 MIN
Early autumn is the "sweet spot" for people looking to buy a home, according to Realtor.com.
“A surprising bounce back in new-home construction is welcome,” said Lawrence Yun, chief economist of the National Association of Realtors.
There are options for mortgage borrowers who don't meet the credit score standards for traditional home loans.
Home equity lending is soaring as higher interest rates caused demand for other types of home loans to soften.
Far Rockaway Village in New York is the kind of housing Fannie Mae wants to invest more in: Homes that low-income people can afford in their own neighborhood.
Construction data shows outlying counties of smaller metro areas experienced a 20.7% growth rate. Somewhat more dense small metro core areas posted a smaller 15.7% annual growth rate.
The last time the Fed signaled the end of a bond-buying program, mortgage rates jumped more than a percentage point in the span of two months.
The average sale-to-list-price ratio fell to 99.8% in August, the first time it has been below 100% since March 2021, Redfin said.
Buyers are flocking to the lowest-priced homes in many markets, according to a Zillow report.
The economy added 390,000 jobs in May, giving leeway to Federal Reserve policymakers to pursue an aggressive plan to tighten monetary policy.
Economic confidence in the U.S. reached the lowest level since 2009, according to a Gallup poll conducted last month.
Despite the importance of lining up financing, fewer than 1 in 10 buyers begin the process by contacting a bank, mortgage lender or broker.
Self-employed Americans can have more challenges due to the variability of their income.
The CFPB sued TransUnion, one of the nation’s largest credit bureaus, claiming it violated a 2017 consent order.
The three largest credit reporting companies in the U.S. announced last week they will remove about 70% of medical collection debt from consumer records.
