A sea change is coming to home financing

A slew of newer companies are trying to reinvent how home purchases are financed. That doesn’t mean the 30-year mortgage is disappearing, but it does hint at more choices for consumers of the future. Continue reading

6 things homeowners need to know about mortgage forbearance plans

The Mortgage Banker Association’s Sara Singhas explained how mortgage forbearance and repayment works and what homeowners should do if they need more time. Continue reading

84% of Americans say homeownership is a ‘priority’

Despite rising prices and personal finance issues, the majority of Americans are optimistic about homeownership, according to NerdWallet’s 2020 Home Buyer Report Continue reading

Pulse: 12 responses to ‘I’m happy renting right now’

Readers offered a range of ways to overcome this objection mostly revolving around homeownership as a wealth-building mechanism, including by highlighting tax benefits and the folly of paying “someone else’s mortgage.” Continue reading

It’s getting even harder for African American families to afford homes

The typical African American family could afford just 25 percent of the homes for sale last year, down from 39 percent in 2012, according to a new Redfin study. Continue reading

NIMBYs, regulatory costs caused housing shortage: Harvard study

A shortfall in housing production is making homes ever more unaffordable for modest-income households, according to Harvard’s Joint Center for Housing Studies. Continue reading

The Real Word: Homeownership poised to rise, but renters have doubts

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, as the population ages, homeownership is likely to rise. Will people living longer plus more millennials buying homes create the perfect s… Continue reading

Homeownership likely to rise due to aging population: Study

Nonetheless, many renters doubt they’ll ever own a home, according to a survey by the New York Federal Reserve. Continue reading

Why real estate is in jeopardy

At Tuesday’s CMLS Brings It To The Table event, held just before the National Association of Realtors’ midyear conference, real estate leaders sounded the alarm. Continue reading