Tag Archives: Markets & Economy

US home loan originations have dropped to a 4-year low

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Weakening mortgage demand caused by rising mortgage rates has slowed loan originations to its lowest level since Q1 2014, according to Attom Data Solutions’ latest report. Continue reading →

Foreclosures and delinquency rates dip to 12-year low: CoreLogic

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Home delinquency and foreclosure rates have hit a new 12-year low, according to the latest CoreLogic Loan Performance Insight report released Tuesday. Continue reading →

5 reasons rising interest rates won’t wreck the housing market

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Interest rates have been trending higher since the fall of 2017 — and they are expected to continue rising — but as long as rate increases remain gradual, the U.S. housing market shouldn’t feel a negative impact. Continue reading →

Agent sues client for commission on a house he failed to sell

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A Canadian real estate broker sent his former client a bill for thousands of dollars in commission — even after the sale of the house fell through. Continue reading →

Anxiety still lingers 10 years after historic financial crisis

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A decade ago, the housing market collapsed and Wall Street sputtered. It was the beginning of a decade of deep anxiety that still lingers today. Continue reading →

Don’t blame baby boomers for surging home prices: Trulia

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Baby boomers have no sway on the affordability of housing in major markets like San Francisco and New York City, according to a new study. Continue reading →

Affording a home mortgage hasn’t been this difficult since 2009

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And though still well below the historical average of 21.2 percent, the income-to-mortgage ratio has not been this high since 2009, in the wake of the financial crisis (leading up to it, the income-to-mortgage ratio spiked past 20 percent). Continue reading →

Returns on home-flipping fall to 4-year low

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In the second quarter of 2018, the average gross return-on-investment (ROI) for flipped homes was 44.3 percent, marking a 3.5 percent decline from the first quarter, and a 5.7 percent decline from this time last year. It’s also a major drop-off from th… Continue reading →