A shortage of affordable starter homes is thwarting aspiring first-time homebuyers and fueling inflation in home prices. At the same time, many urban and rural communities are struggling for stability and vitality. It’s a fact: the homeownership gap between Black
Second term for Powell, Brainard to be Fed vice chair
President Joe Biden nominated Jerome Powell for a second term as Federal Reserve chair, and elevated Lael Brainard to vice chair, the No. 2 position at the central bank. Powell’s response to the COVID-19 pandemic, in the form of aggressive
Low-to-no cost strategies for keeping your pipeline full in 2022
This Lunch and Learn will examine the nation’s lack of housing inventory and the factors that have contributed to a decline in homebuilding. The discussion, which will feature speakers from the National A After last year’s record growth, mortgage leaders
Inside the Realogy-Blackstone iBuying venture
RealSure CEO Katie Finnegan Realogy says it is real serious about its two-year-old iBuying division, RealSure. “Our RealSure investment will step up meaningfully in Q4 as we continue to scale, launch this new product, expand our direct-to-consumer marketing and substantially
Charlotte Housing Market: Prices | Trends | Forecast 2021-2022
The homebuyers in the Charlotte housing market have dealt with a persistent seller’s market, which has shrunk inventory and driven up home prices. Charlotte’s real estate market continues to boom without being affected by the pandemic. Homes are selling quickly,
Cost vs. Value: Best ROI Home Improvements in Miami
If your home is in need of an upgrade, it’s important to know which home improvements may increase your home value so you get the most return on your investment (ROI). Whether you’re selling your home in Miami, FL and
Housing Market Forecast 2022: Will It Crash or Boom in 2022
Mortgage rates at record lows and a lack of available inventory are sustaining the US housing market’s demand. While affordability concerns continue to grow, low mortgage rates, increased savings, and a strengthening job market all contribute to making homeownership more
Cost vs. Value: Best ROI Home Improvements in Austin
If your home is in need of an upgrade, it’s helpful to know which home improvements offer the best return on investment (ROI) and can boost your home’s value. Whether you’re listing your home for sale in Austin, TX, or
Don’t Wait!
What the experts at Realtor.com saying about Winter 2021-2022’s market?
CFPB ponders how well HMDA captures discrimination
The Consumer Financial Protection Bureau (CFPB) is launching a voluntary review of its mortgage data collection — a key tool in bringing redlining cases — to assess its effectiveness in detecting discrimination. The evaluation of rules implementing the Home Mortgage
Why the private-label market will chill in 2022
Securitizations backed by jumbo loans and mortgages on residential investment properties have propelled a rebounding private-label market in 2021. That gravy train, however, is expected to slow down some as we turn the corner into 2022 — with rising interest
What role does appraisal tech have in creating customers for life?
For lenders to successfully manage their portfolios, they need to provide borrowers with a seamless mortgage process from start to finish. It’s for this reason more lenders are starting to integrate automation, like eClosing solutions and automated underwriting, to provide
How Fannie Mae is leveraging technology to expand access to homeownership
The advancement in digital mortgage has focused on delivering end-to-end digital solutions to improve the consumer experience. But even with this push to make a borrower’s life easier, systemic inequality still exists. HousingWire recently sat down with Joe Hallett, Fannie
UWM waives MI with a 10.01% down payment, but there’s a catch
United Wholesale Mortgage (UWM) rolled out a new purchase product that will waive mortgage insurance payments if a borrower opts for a 10.01%-or-more down payment. But borrowers would be wise to note that they’ll get hit with higher interest rates.
Is UWM’s plan to shed the “meme stock” label?
Mat Ishbia, president and CEO of United Wholesale Mortgage Mat Ishbia and his family will slightly reduce their ownership of United Wholesale Mortgage (UWM), a step to make the company more attractive to long-term investors – and, hopefully, to leave
@properties looks beyond Chicago with Christie’s deal
For years, @properties has sat atop Chicago residential real estate, fueling speculation about if and when they might aggressively expand outside Chicagoland. On Wednesday, the brokerage announced perhaps its biggest move ever outside the Windy City, stating that they have
10 Day Trips From Denver You Need to Take
Colorado is known for its multitude of outdoor activities, so it’s no surprise that there are many day trips you can take from its capital city Denver. From nature to concerts and everything in between, there’s sure to be an
10 Day Trips From Seattle You Need to Take
Whether you’re a Seattle, WA local, or just in town for the weekend, you may be looking for something to do to get out of the city. Fortunately, there are many day trips from Seattle ranging from half-day visits to
Mortgage rates climb back up, to 3.10%
Mortgage rates strongly increased above 3% in the week ending November 18, according to the latest Freddie Mac PMMS mortgage report. The 30-year fixed-rate mortgage hit 3.10%, up 12 basis points from 2.98% the week prior. A year ago at this time, the
Moving Across Country? Here’s How to Do It
Whether you’ve moved into a new apartment or are preparing to move after selling your house, the process of moving can make even the calmest of people feel a little stressed. And if you’re preparing to relocate and are moving
Good governance and good housing: Public-private partnerships in proptech
The U.S. housing market is one of staggering proportions. With more than 100 million homesteads and an aggregate value approaching $40 trillion, housing is the largest single asset class in the country. While the numbers are stratospheric, the importance cannot
Where Should I Move? It May Be Time to Say Goodbye to the City
The housing market is booming, and people are taking this opportunity to move out of cities and into suburban and rural areas. These migration patterns are largely due to record low mortgage rates and the fact that many companies are
4 Catio Ideas Your Indoor Cat Will Love
Indoor cats stare out the window for hours at a time envisioning what life is like outside but are often kept inside because their owners worry that they may run off. If this sounds like your cat, then cat-patios, also
FHFA tells GSEs to prioritize affordability in 2022
Federal Housing Finance Agency (FHFA) Acting Director Sandra Thompson has put affordability at the top of the annual to-do list for the government-sponsored enterprises. In its 2022 Scorecard, the conservator also tasked the GSEs with updating their pricing framework to