Tag Archives: Banking & Lending

Underwater homeowners gain breathing room as prices climb

By | | Uncategorized
Comments Off on Underwater homeowners gain breathing room as prices climb

Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading →

August opens with lower mortgage rates as Treasury yields dip

By | | Uncategorized
Comments Off on August opens with lower mortgage rates as Treasury yields dip

Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant’s potential impact on the global economy. Continue reading →

The top 5 states where institutional investors are gobbling up homes

By | | Uncategorized
Comments Off on The top 5 states where institutional investors are gobbling up homes

Corporate buyers were particularly active in Mississippi, where 1 in 9 homes that sold ended up in the hands of an institutional investor. Continue reading →

Banks offer exposure to mortgage risk — and investors want in

By | | Uncategorized
Comments Off on Banks offer exposure to mortgage risk — and investors want in

The new bond products offer higher yields in a low-interest-rate environment. But if the loans go bad, investors are on the hook. Continue reading →

With home prices slow to fall, would-be buyers are getting squeezed out

By | | Uncategorized
Comments Off on With home prices slow to fall, would-be buyers are getting squeezed out

People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report. Continue reading →

Home office eclipses short commute as a buyer must-have, agents say

By | | Uncategorized
Comments Off on Home office eclipses short commute as a buyer must-have, agents say

Nearly 60 percent of agents surveyed by Homelight said they expect a home office to be a top priority for buyers in a post-vaccine landscape. Continue reading →

First-time buyers still eager, despite snags on path to homeownership

By | | Uncategorized
Comments Off on First-time buyers still eager, despite snags on path to homeownership

A Chase survey revealed nearly 4 in 10 potential first-time buyers lost income during the pandemic, setting back their homeownership goals. Continue reading →

‘Summer swoon’: Mortgage rates dip further in mid-July throughout US

By | | Uncategorized
Comments Off on ‘Summer swoon’: Mortgage rates dip further in mid-July throughout US

The average interest rate on a 30-year, fixed rate mortgage dipped further this week, according to data from Freddie Mac. Continue reading →

Mortgage boom for second homes takes hit amid new lending rules

By | | Uncategorized
Comments Off on Mortgage boom for second homes takes hit amid new lending rules

New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data. Continue reading →