The labor market is moderating gracefully, but conditions remain too hot for the Fed’s liking. Job gains were relatively solid yet again in June, with total nonfarm payroll employment reaching 209,000 jobs, compared to 339,000 in May, according to data
14 Popular Coastal Massachusetts Towns to Live in 2023
Massachusetts is known for its coastal cities lining the Atlantic Ocean and Cape Cod Bay. With sparkling waves and tan sands, boating, sightseeing, and fishing, these picturesque coastal Massachusetts towns are top-tier. Whether you’re looking to move to Massachusetts or
Fannie Mae and Freddie Mac update condo, co-op policy guidance
Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac released updates on Wednesday related to condominium and co-operative project standards policies for properties in need of critical repairs and special assessments. “At the direction of the FHFA, Fannie Mae and Freddie
11 Unique Things to Do in Omaha, Nebraska
If you’re considering living in Omaha, Nebraska, prepare to experience a city of vibrancy and entertainment. The town boasts an array of unique attractions and experiences that locals and newcomers alike can enjoy. There’s something for everyone, whether it’s savoring
Better.com posts $90M net loss in Q1 2023
Digital mortgage lender Better.com disclosed that it posted a net loss of $89.9 million in the first quarter of 2023 and cut approximately 91% of its workforce over an approximately 18-month period — due in large part to a substantial
The Ultimate Guide to Buying a House in Arizona
Are you dreaming of owning a piece of the American Southwest? Arizona, with its vibrant desert landscapes, sunny weather, and diverse cultural attractions, offers an irresistible allure for those seeking a new place to call home. However, before embarking on
10 Popular Virginia Coastal Towns to Live in 2023
With its location along the Chesapeake Bay and Atlantic Ocean, Virginia has a plethora of stunning beaches and coastal towns. With magnificent waves and sandy coves, boating and fishing, these idyllic Virginia beach towns are some of the best you’ll
Mortgage rates reach their 2023 peak
Mortgage rates jumped this week as investors grapple with persistent positive economic data and a hawkish Fed. The Freddie Mac’s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed
Savannah Housing Market: Prices, Trends, Forecast 2023
The Savannah housing market has been on a steady rise in recent years, with home prices increasing and demand remaining strong. In this blog post, we will explore the current trends in the Savannah housing market and provide insights into
Sioux Falls Housing Market: Prices, Trends, Forecast 2023
The Sioux Falls housing market has been on a roller coaster ride for the past year, with rising interest rates, limited inventory, and affordability challenges causing fluctuations in buyer and seller behavior. As we move into 2023, let’s take a
Improving your bottom line at HW Annual
In this tight market cycle, strategic operational decisions can be the difference between success and failure. An aligned team of operational leaders can transition your business into the future, but first, you need the tools to get there. How are
Tacoma Housing Market: Prices, Trends, Forecast 2023
Tacoma, WA, known for its scenic beauty and thriving community, has become a sought-after destination for homebuyers. In this blog post, we will delve into the current state of the housing market in Tacoma, focusing on the median listing home
Is Omaha a Good Place To Live? 10 Pros and Cons to Consider
Considering moving to Omaha? Before you make your decision, it’s essential to weigh the pros and cons of living in this vibrant Midwestern city. Omaha, NE, offers a unique blend of opportunities and challenges that can greatly impact your day-to-day
Frisco Housing Market: Prices, Trends, Forecast 2023
Frisco, a city in Texas, is one of the most popular places to live in the state. With its booming economy, excellent schools, and thriving real estate market, it’s no surprise that many people are interested in buying or renting
Survey: High mortgage rates are keeping many Americans from buying a home
Homebuyers these days are facing much higher costs of ownership compared to a year ago, pushing most to the sidelines. Mortgage rates and home prices are high and inventory is paltry, resulting in a largely frozen housing market. Nearly two-thirds of
NAMB publicly supports proposal to reinstate prior LLPA structure
The National Association of Mortgage Brokers (NAMB) declared its support this week for a bill introduced by Republicans in the U.S. House of Representatives that would reinstate the Loan Level Price Adjustment (LLPA) structure that was in place prior to
The AOL debate rages on
Fannie Mae dropped a bomb on the title insurance industry in April 2022, when it adjusted its selling guide to allow the purchase of loans using attorney opinion letters (AOLs). In the ensuing 15 months, discussion over the risks and
Is Las Vegas a Good Place to Live? 11 Pros and Cons to Help You Decide
Las Vegas, with its glitz, glamor, and vibrant entertainment scene, has long been synonymous with a thrilling vacation destination. However, when it comes to choosing a place to call home, many wonder if Las Vegas truly offers a desirable living
Is Jacksonville, FL a Good Place to Live? 10 Pros and Cons to Consider
Jacksonville offers an extraordinary blend of coastal charm, a thriving culture, and a strong sense of community. From its breathtaking beaches to its diverse neighborhoods, this city embraces diversity, fosters innovation, and provides a welcoming haven for residents and visitors
Is Rockford, IL, a Good Place to Live? 8 Pros and Cons to Consider
Are you searching for a new place to call home? Look no further than Rockford, IL. Nestled along the scenic Rock River, Rockford perfectly balances urban amenities and natural beauty. But is it truly a good place to live? In
Home equity levels decline 0.7% year over year: CoreLogic
Home equity levels have been on the decline over the last year, new data shows. Homeowners with mortgage loans saw their home equity levels decline by an average of 0.7% between the Q1 2022 and Q1 2023, the first decline
What is PITI and How Does it Affect Your Mortgage?
The mortgage industry has its own language, and in order to understand it, homebuyers need to learn different acronyms and jargon when shopping for a home loan. A typical home loan payment or mortgage payment involves a single payment, which
Mortgage rates decline following debt ceiling deal
The U.S. debt ceiling impasse was solved when President Joe Biden signed a bill on Saturday to suspend the $31.4 trillion limit until January 2025 and cap government spending. It alleviated some pressure on mortgage rates, which declined over the
Transform Your Space on a Budget: Weekend Home Projects Under $200
As homeowners, who doesn’t love the idea of improving our living spaces, especially when you can do it for under a couple hundred dollars? The great news is that there are several do-it-yourself weekend projects that can quickly transform your