More than a quarter of new home purchases in 2018 were financed through non-conventional sources. Data from the Census Bureau's Survey of Construction shows that, while the new home market was dominated by loans from Fannie and Freddie Mac, other...
Even though the pace of home building remains below where the industry would like it to be, Fannie Mae says it helped drive residential fixed investment into the black in the third quarter. The company's Economic and Strategic Research Macroeconomic Fo...
While a lot of attention is now focused on Millennials, the country is still aging. A new report from the Harvard Joint Center for Housing Studies looks at how the growing population of elderly is poised to change the characteristics of homeownership a...
While home prices have surged back from their housing crisis lows, a report from the National Association of Realtors® (NAR) says homes purchased as vacation properties have appreciated even more. NAR's 2019 Vacation Home Counties Report says...
New home prices have been rising since 2012 according to CoreLogic's chief economist Frank Nothaft. Prices in the spring of 2019 were up 2 percent compared to a year earlier, partially because of rising building costs. In an article in Core...
Wow, maybe they really mean it this time. The Federal Housing Finance Agency (FHFA) has issued a request for proposals from contractors who would develop a "roadmap" for recapitalizing the government sponsored enterprises (GSEs) as a prelude to releasi...
Even with home prices in most areas now well above their pre-Great Recession highs, affordability is not terribly low by historic measures. Black Knight, in its current issue of Mortgage Monitor, says, with the 30-year fixed rate in effect at the...
Homeowners often hope that a remodeling project will pay them back in monetary terms - perhaps energy savings or increased home value - but a new report from the National Association of Realtors® (NAR) adds joy to the payback possibilities list.&nb...
The volume of mortgage applications rebounded sharply last week as homeowners rushed to refinance in response to another drop in mortgage rates. The Mortgage Bankers Association (MBA) said its seasonally adjusted Market Composite Index, a measure...
