The American Enterprise Institute estimates that 64 percent of homes sold by the largest homebuilders provide permanent mortgage rate buydowns, which often don’t count as seller concessions. Continue reading
While negative equity rates remain low in most places, markets showing signs of concern include the Gulf Coast of Florida and Austin, Texas, ICE Mortgage Technology reports. Continue reading
Six out of 10 borrowers who owe more on their mortgages than their homes are worth bought or refinanced their homes in 2022, according to the latest Black Knight Mortgage Monitor. Continue reading