Looking for a new investment property? Head south

Twenty-four out of financial service company IPX1031’s 30 cities to buy investment properties in 2020 were located in the south or southeast. Continue reading

You’d need to work 80 hours a week just to afford rent in this city

A new study by SmartAsset calculated the average annual take-home pay across 25 cities by using worker earnings after accounting for income taxes. Continue reading

Three-quarters of all couples fight during the homebuying process

77 percent of homebuyers and 71 percent of homesellers say they’ve argued with a loved one over the process, according to a new survey conducted by The Harris Poll. Continue reading

Mortgage originations hit highest level since 2005: New York Fed

Decreasing mortgage rates contributed to the highest volume in mortgage originations in 14 years at a total of $752 billion, according to the Federal Reserve Bank of New York. Continue reading

North Carolina and Washington, D.C. see largest drop in delinquency rates

Delinquency rates across the country rose slightly from last month but remain at a 20-year low for November, CoreLogic found. Continue reading

Mortgage applications reach highest volume since 2013

The Mortgage Bankers Association announced Wednesday that the Market Composite Index reached its highest level last week since May 2013. Continue reading

Applying for a mortgage? How you repay your student loan is crucial

Student loan borrowers who use an income-driven repayment plan could be at disadvantage for taking on a mortgage, a study by the Urban Institute shows. Continue reading

Upward trend for annual home price gains continues: Case-Shiller

The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 3.5 percent year-over-year gain in November. Continue reading