Real Estate

October 13, 2016

24% of Housing Markets Less Affordable Than Norm

Homes were less affordable than their historic averages in 24% of U.S. markets as prices rose and wage growth slowed, Attom Data Solutions found in its […]
October 12, 2016

Commercial Mortgage Delinquencies Begin to Rise Again

Late payments on securitized commercial mortgages reversed course in September and resumed a climb that began in March, according to Trepp.  The delinquency rate for U.S. […]
October 11, 2016

Low Rates Support Improving Housing Markets

Low interest rates are keeping the housing market strong even as affordability keeps declining, according to the latest Freddie Mac Multi-Indicator Market Index (MiMi).  July’s index […]
October 10, 2016

Home Loan Modifications on the Decline

Loan modification activity fell again on a monthly basis, but there are still several states where borrowers need assistance, according to the Hope Now alliance.  Hope […]
October 7, 2016

Making Gains: Rising Values Help Underwater Homeowners

About 548,000 U.S. homeowners regained equity in the second quarter, bringing the percentage of homes with positive equity to 92.9% of all mortgaged properties, or approximately […]
October 6, 2016

Household Income Grew 5.2% in 2015

Americans last year reaped the largest economic gains in nearly a generation as poverty fell, health insurance coverage spread and incomes rose sharply for households on […]
October 4, 2016

Survey: Election Outcome is Economy’s Big Threat

What the majority of Americans fear most about the upcoming presidential election is the election itself — and that might be the scariest part of all.  […]
September 29, 2016

Labor Day Week Sees Uptick in Mortgage Applications

Homebuyers jumped back into the market after Labor Day, filing applications for mortgages at a far faster pace than in previous weeks.  Total mortgage application volume […]
September 27, 2016

Housing Debt is a Growing Concern for Retirees

Americans are carrying higher levels of debt as they head into retirement, raising the specter of financial headaches in their old age, according to a new […]