From Ann Arbor, the home to the University of Michigan Wolverines, to Detroit, the Motor City, Michigan is home to a number of beautiful and one-of-a-kind cities. If you are considering living in Michigan and don’t know what areas to
Mortgage Interest Rates Forecast 2022 & 2023
Mortgage rates have risen since the start of 2022, reflecting investors’ concerns that the economy is heating up and that the Fed will cool it down and reign in inflation. U.S. Treasury bond rates, which mortgage rates follow, encountered two
Temporary Flooring Options for Renters: Take a Bland Space to the Next Level
Whether you’re renting an apartment in Manhattan, NY, or a townhouse in townhouse in San Francisco, CA, sometimes you’ll need to put up with less-than-perfect aesthetics and do your best with creative decor to make your home feel cozy. However,
AZ Housing Market Forecast 2022 & 2023
Recent projections for the Arizona housing market indicate that home prices may continue to rise steadily through 2022 and into 2023. The AZ housing market has experienced two consecutive years of record-breaking price rises. Home prices continue to rise as
The 10 Fastest-Growing Cities in Colorado
Colorado, also referred to as “The Centennial State,” is known for its stunning nature and access to outdoor activities. Each city offers a unique atmosphere and a number of activities like the Coors Brewing Tour in Golden, CO or skiing
MBA urges White House to cut MI premiums
With housing affordability at an all-time low and accelerating consumer prices disproportionately affecting lower- and middle-income families, the Mortgage Bankers Association this week called on the White House and the Federal Housing Administration to reduce annual mortgage insurance premiums. In
Austin Real Estate Market: Prices, Trends, Forecast 2022-2023
What’s Happening in the Austin Housing Market? Austin’s housing market is shifting. The market reflects what is happening in other major cities across the country. While activity appears to have slowed slightly in recent months, Austin’s home prices are still
HELOC volume up nearly 50% over first 5 months of 2022
Home-equity lending is on a roll this year, with the combined volume of home-equity lines of credit (HELOCs) and traditional closed-end home equity loans up 47% from January to May of 2022, compared with the same period last year. Nearly
Pros and Cons of Living in a High-Rise Apartment and What to Consider Before Moving In
Finding the perfect apartment can be overwhelming, especially when there are so many types and styles available to choose from. If you’re searching for a rental in a big city, a high-rise apartment will likely be one of your options.
Point Mortgage Corp. exits wholesale channel (for now)
California-based Point Mortgage Corporation has decided to shut down its wholesale business GoPointDirect and lay off employees to focus on retail lending, a top executive confirmed to HousingWire. “We have temporarily taken it down,” Johnny Margarini, president and CEO, said during an interview. “When
Fitch Group adding capital-markets fintech dv01 to its fold
Fitch Group, the parent of bond-rating firm Fitch Ratings, is acquiring a majority ownership stake in capital-markets fintech company dv01 — which provides data and analytics services to the structured-finance market. Terms of the deal were not disclosed. It is expected to close
Inflation comes in hotter than expected, mortgage rates soar
Consumer prices in August rose slightly from July, all but ensuring the Federal Reserve will hike interest rates aggressively at its upcoming September meeting to tamp down inflation. Despite decreases in the indexes for airline fares, communication, and used cars
The 7 Fastest-Growing Cities in Alabama
From the college city, Tuscaloosa, AL, to the capital, Montgomery, AL, Alabama is home to wonderful cities that make the state unique and full of charm. Known as “The Heart of Dixie,” about 4.9 million people call Alabama home. If
Houston Real Estate Market: Prices | Forecast | News
Is Houston Housing Market Slowing? We will discuss the latest Houston housing market trends & forecasts for 2022 and 2023. A fourth consecutive month of falling sales in the Houston housing market moves the market closer to pre-pandemic norms. The rapid rate
Lending standards tighten as appetite for riskier loans drops
Lending standards tightened in August amid a worsening economic outlook and signs of cooling in home-price growth. The mortgage credit availability index (MCAI) fell marginally by 0.5% to 108.3 in August from the previous month, according to the Mortgage Bankers
Local Markets: Housing news across U.S communities
Take a deep dive into these five local housing markets to better understand the trends across the nation. Each city has a unique market and enticing listings to attract new residents. Siesta Key, Florida Remote work flexibility opened up the
MBA Opens Doors sets donation record amid the changing housing market
With all the talk about a hot housing market and changes on the horizon thanks to increasing mortgage rates, it can be hard to forget that these market-wide changes have a real effect on real people, especially those dealing with
What is a Rain Garden and Should You Plant One in Your Yard?
Rain gardens are designed to collect stormwater runoff from impervious surfaces, such as roofs, streets, driveways, patios, parking lots, or waterlogged yards. The runoff is then allowed to seep back into the ground slowly, preventing it from reaching local waterways.
KBRA affiliate acquires digital news service DLD
KBRA Analytics, an affiliate of Kroll Bond Rating Agency (KBRA), has acquired digital-information service Direct Lending Deals, which offers investors and loan originators coverage of deal data, news and analysis in the direct-lending sector. The acquisition will allow KBRA Analytics to offer its
Dallas Housing Market 2022: Prices, Trends & Forecast
Is the Dallas Housing Market Slowing Down? The Dallas housing market is doing great after recovering from the blows of the pandemic since July of the pandemic year (two years ago). Demand for single-family homes has risen and supply has
The 6 Fastest-Growing Cities in South Carolina
From its rich history to its pristine beaches, South Carolina has it all. Known as “The Palmetto State,” you’ll be sure to find a number of distinct cities with their own unique personalities. It’s no surprise that more than 5
HousingWire September Demo Day: BeSmartee
Mortgage POS BeSmartee’s Mortgage Point-of-Sale (POS) platform is a configurable, white labeled solution that streamlines the origination process, including application, credit, PPE, AUS disclosures and appraisal collection and fulfillment. Product Fast Facts #1 Go from application to appraisal in 15
Montana Housing Market Forecast 2022 & 2023
The Montana housing market remains strong in 2022, thanks to a combination of high demand, limited supply, and continuously rising house prices. In June 2022, the typical home in the state of Montana was valued at $448,875. That’s a 25.6% increase
Small Apartment Balcony Ideas: 10 Tips for These Tiny Spaces
For many people, outdoor space doubles as a storage area or somewhere to put trash before taking it out. However, your small apartment balcony can be much more. No matter the style or size, you can make it an outdoor