Shifting To a Buyer's Market? Housing Inventory Posts Biggest Jump in 3 Years
A surge in the number of homes on the market shows buyers are calling the shots.
August 12, 2022 4 MIN
A surge in the number of homes on the market shows buyers are calling the shots.
For most Americans, a home is the biggest purchase they will ever make, so it's important to get the financing right.
The Federal Housing Finance Agency repealed a much-maligned half percentage point fee that was being tacked on to refis. Is it now worth refinancing?
ARMs can save new homeowners serious money, but they're not for everyone.
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.
Closing costs add up quickly. You should plan on spending 2% to 5% of the mortgage loan on these addition fees.
During the pandemic, market dynamics favored sellers. Now, several trends point to a brighter outlook for homebuyers.
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.
American homeowners are sitting on nearly $28 trillion of equity – an all-time high.
Some homebuyers using VA loans are now eligible for a streamlined appraisal process.
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.
