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Coming Up:
Fed Minutes: Peak Target For Benchmark Rate Is 3.13%
Minutes of May meeting reveal discussion of raising rates faster than anticipated.
Senate Confirms Thompson As FHFA Director
Had held title of interim director since June 2021.
Homebuyer Affordability Drops With Jump In Monthly Payments
The national median payment applied for by applicants jumped 8.8% in April to $1,889 from $1,736 in March.
MBA Names New Vice President Of Communications
Adam DeSanctis promoted from role as director of public affairs.
How Do We Help Immigrants Own Their Own Homes?
Why is the trend happening?
Sunbelt Cities Remain Top Destinations Despite Rising Home Prices
Miami, Phoenix, and Tampa are the top three places for New Yorkers and Los Angelenos.
Many Seller-Buyers Considering Out-Of-Market Move
Nearly half (45%) of 2022 seller-buyers plan to buy outside of their current city or town; 9% say they would move out of state for better deals.
Homepoint Rolls Out Jumbo ARM Loans
Homepoint's Jumbo ARM is a strategic addition to the company’s expanding jumbo portfolio.
U.S. Foreign-Born Population Less Likely To Be Homeowners
Miami, San Jose and Los Angeles have the highest percentage of foreign homeowners in the top 50 markets