Analysis and Data
While a recent report revealed the average monthly rent increased 11% across the nation in the past year, mortgage payments increased at a more rapid rate, increasing 15% year-over-year in Sept. 2021.
Findings from First American Financial Corporation's Potential Home Sales Model don't quite point to a direct correlation between house price growth and increased market potential.
ATTOM released its Q3 U.S. Foreclosure Market Report, showing 45,517 U.S. properties with foreclosure filings.
New survey findings from Freddie Mac reveals that it’s hard being a single female head of household (SFHOH), and it’s getting even harder as housing costs continue to rise.
Baby Boomers are pulling ahead of Millennials as the competition for homes heats up across the nation.
One of the obvious reasons why homeowners consider a refinance is to secure a lower interest rate and lower their monthly payment. However, that's not the only reason folks are looking to refinance their mortgage.
The Mortgage Bankers Association's latest Weekly Mortgage Application Survey reported a slight increase in mortgage applications for the week ending Oct. 8, 2021.
In the first half of 2021, the national average closing costs for single-family homes were $6,837 including taxes, and $3,836 excluding taxes.
4.2% of all mortgages were in some stage of delinquency in July.
Flagstar Bank's John Gibson provides insight on his company's opportunities in a shifting mortgage landscape.