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The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of racial discrimination
The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of racial discrimination in Facebook’s advertising platform.   An... Keep Reading....
The national median one-bedroom rent prices for April dropped by 1.91 percent from the previous month to $1,026, according to new data from ABODO
The national median one-bedroom rent prices for April dropped by 1.91 percent from the previous month to $1,026, according to new data from ABODO. This marked the third consecutive month of falling rent prices.   Also for the third consecutive month, Syracuse, N.Y., recorded the largest rent... more
The total amount of tappable equity in the housing market reached a record breaking $5.4 trillion in 2017
The total amount of tappable equity in the housing market reached a record breaking $5.4 trillion in 2017, according to new data from Black Knight Inc. This is 10 percent above the prior record level set in 2005.   During the course of 2017, tappable equity skyrocketed by $735 billion, with 75... more
Mortgage rates were slightly lower from last week and loan defect levels remained unchanged from the previous reports, according to two new data reports
Mortgage rates were slightly lower from last week and loan defect levels remained unchanged from the previous reports, according to two new data reports.   Freddie Mac’s latest Primary Mortgage Market Survey (PMMS) found the 30-year fixed-rate mortgage (FRM) averaged 4.44 percent for the week... more
The first quarter median home prices across more than two-thirds of the nation’s housing markets were not affordable for average wage earners
The first quarter median home prices across more than two-thirds of the nation’s housing markets were not affordable for average wage earners, according to new study from ATTOM Data Solutions.   The study found that 304 of 446 counties analyzed for this report, or 68 percent, were out of reach if... more