As the last decade has shown us, it's not enough to get into a home of your own -- you have to be able to stay there comfortably and affordably, including having enough of a cushion to ride out rough [...]
With an increase in employment opportunities, consumers are becoming more optimistic about the economy. In turn, this improves the housing market. Fannie Mae’s February 2015 Housing Survey™ showed an all time high of 47 percent of people think that the economy is headed in the right
Encouraging news to all home sellers! Buyers are rapidly returning to the housing market, despite uncertainty due to coronavirus.
For the first time since March, the total number of mortgage loans in forbearance has decreased to 8.48% from the previous week of 8.55% (Mortgage Bankers Association). Currently, there are 4.2M homeowners with forbearance plans.
The FHFA’s home price index went up 6.5% YOY, and 1% MOM in July, with annual gains across the census. They also revised their June numbers from 0.9% MOM to 1%
The Federal Housing Administration has announced that Fannie Mae and Freddie Mac are extending the moratoriums on single-family foreclosures and real estate owned evictions until at least Jan. 31, 2021.