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The White House appointed Sandra L. Thompson as acting director of the Federal Housing Finance Agency (FHFA), effective immediately. Her statement reveals that a permanent director will be confirmed in December.
A survey from Realtor.com reported that more than 40% of aspiring Gen Z homeowners plan to purchase a home within the next five years.
The U.S. Supreme Court gave President Joe Biden the authority to remove the head of the Federal Housing Finance Agency (FHFA) while dismissing claims from shareholders of Fannie Mae and Freddie Mac.
The 2020 ServiceLink State of Homebuying Report includes insight from over 1,000 homeowners to examine whether high home prices and low inventory had an impact on their decision to move.
The Gen Z and Millennial home finance platform, Lower, raised $100 million in a Series A Funding round, led by venture capital firm Accel.
A survey conducted by Lombardo Homes of more than 1,000 millennials revealed that there are still some challenges for millennials to overcome in order to secure a home.
In May of 2020, 7.48% of financial hardship accounts represented mortgage delinquencies. A year later, only 4.07% represented mortgage delinquencies.
Guaranteed Rate's Shant Banosian has officially funded $1 billion in loan volume for the second consecutive year.
A survey from Zillow reported that despite record-low mortgage rates, 78% of homeowners passed up on the opportunity to refinance their home.
Mortgage refinances increased for the second consecutive week after weeks of declines, despite a slight jump in rates.