Out-of-Town Moves Remain Popular As High Housing Costs Push Homebuyers to Affordable Areas

2023-04-28T12:09:46-04:00
  • Redfin.com home searches in out-of-town destinations have dropped 4% from a year ago, compared with a 16% drop for searches near home.  
  • Migration is holding up relatively well because high housing costs are pushing homebuyers to more
Out-of-Town Moves Remain Popular As High Housing Costs Push Homebuyers to Affordable Areas2023-04-28T12:09:46-04:00

Mortgage Application Payments Increased 1.6 Percent to $2,093 in March

2023-04-28T12:07:15-04:00
Homebuyer affordability declined in March, with the national median payment applied for by purchase applicants increasing 1.6 percent to $2,093 from $2,061 in February. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI),
Mortgage Application Payments Increased 1.6 Percent to $2,093 in March2023-04-28T12:07:15-04:00

Fannie Mae Executes Fourth Credit Insurance Risk Transfer Transaction of 2023 on $12.9 Billion of Single-Family Loans

2023-04-28T12:03:09-04:00

Fannie Mae (OTCQB: FNMA) announced today that it has executed its fourth Credit Insurance Risk Transfer™ (CIRT™) transaction of 2023. As part of Fannie Mae’s ongoing effort to reduce taxpayer risk by increasing the role of private capital

Fannie Mae Executes Fourth Credit Insurance Risk Transfer Transaction of 2023 on $12.9 Billion of Single-Family Loans2023-04-28T12:03:09-04:00

CFPB Issues Guidance to Protect Homeowners from Illegal Collection Tactics on Zombie Mortgages

2023-04-26T14:35:59-04:00

It is illegal for debt collectors to sue or threaten to sue to collect debts past the statute of limitations

Today, the Consumer Financial Protection Bureau (CFPB) issued guidance on debt collectors, covered by the Fair Debt

CFPB Issues Guidance to Protect Homeowners from Illegal Collection Tactics on Zombie Mortgages2023-04-26T14:35:59-04:00

Triple Whammy Time

2023-04-25T17:29:55-04:00

Every week seems to be a big week when it comes to economic data and events. However, it is not often we see the triple whammy of events which will occur this week and next. This period typically occurs once

Triple Whammy Time2023-04-25T17:29:55-04:00
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