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After two weeks of decline, mortgage rates were on the rise again, according to new data from Freddie Mac
After two weeks of decline, mortgage rates were on the rise again, according to new data from Freddie Mac.   Sam Khater, Freddie Mac’s Chief Economist, saw a positive aspect to the increasing mortgage rates and with the yesterday’s decision by the Federal Reserve to raise the federal funds rate by... Keep Reading....
When it comes to housing markets with a larger than normal share of non-owner occupied mortgaged residential property, Southern and Western cities tend to be top of this sector
When it comes to housing markets with a larger than normal share of non-owner occupied mortgaged residential property, Southern and Western cities tend to be top of this sector.   According to new data from Lending Tree, Oklahoma City leads the nation’s major metro areas with non-owner occupied... more
Roughly half of Americans who are planning to buy a home or are actively searching are concerned that they will be able to locate and pay for an affordable residence
Roughly half of Americans who are planning to buy a home or are actively searching are concerned that they will be able to locate and pay for an affordable residence, according to a new poll conducted by Laurel Road, an FDIC-insured online lender.   The national survey, which was conducted by... more
When it comes to shouldering housing costs, markets in the New York City metro area and across Florida have the most onerous burdens to carry, according to new data from SmartAsset
When it comes to shouldering housing costs, markets in the New York City metro area and across Florida have the most onerous burdens to carry, according to new data from SmartAsset.   The new study relies on the Department of Housing and Urban Development definition of being housing cost-burdened... more
Millennial homebuyers made their presence felt with gusto in April, according to new data from Ellie Mae
Millennial homebuyers made their presence felt with gusto in April, according to new data from Ellie Mae.   Despite a housing market with limited inventory and rising prices, 89 percent of mortgages made to Millennial borrowers during the month were for new home purchases, up one percentage point... more