Trends Articles

Freddie Mac: Mortgage Rates Drop to 3.78 Percent

Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing average fixed mortgage rates moving down across the board, as the 30-year fixed-rate mortgage (FRM) averaged 3.78 percent with an average 0.6 point for the week ending March

Downpayments Become Easier, Affordable Rentals Become More Elusive

The owning-versus-renting argument took a turn in favor of homeownership this week, with new data supporting the increased affordability of buying a house and a new report finding a growing shortage in affordable rental units.

Commercial/Multifamily Mortgage Debt Outstanding Hits $2.64 Trillion in Q4

Total commercial/multifamily debt outstanding stood at $2.64 trillion in the fourth quarter of 2014, an increase of $48.9 billion, or 1.9 percent, over the third quarter, according to data collected by the

NAR: Rent and Income Growth Reaching Unhealthy Levels

The gap between rental costs and household income is widening to unsustainable levels in many parts of the country, and the situation could worsen unless new home construction meaningfully rises, according to new research by the National Association of Realtors (NAR).

Report Finds Overvaluation in National Home Prices

A new report by Bank of America Merrill Lynch has determined that home prices nationwide are overvalued, with Houston-area properties leading the list at a 77 percent of overvaluation.

New Data Shows Housing Gains, Rental Problems

Both sides in the homeownership-versus-renting debate trotted out data to support their respective claims of strength in numbers.

Study Claims Airbnb is Wrecking the L.A. Housing Market

A new report is blaming the popular Airbnb home-renting service for exacerbating the tight housing market in Los Angeles by removing thousands of rental properties from the city’s most desirable neighborhoods.

Report Urges CFPB to Improve Workplace Diversity Policies

The Consumer Financial Protection Bureau’s Office of Inspector General (CFPB OIG) has issued a report urging the agency to do a better job in overcoming its problems with its personnel practices.

Home Prices Rise 5.7 Percent Year-Over-Year in January

CoreLogic has released its January 2015 CoreLogic Home Price Index (HPI) which shows that home prices nationwide, including distressed sales, increased 5.7 percent in January 2015 compared to January 2014.

Mortgage Apps Level Off Over Last Week

Mortgage applications increased 0.1 percent from one week earlier, according to data from the

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