Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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The home price increases and the ongoing inventory shortage made buying conditions difficult and many think it’s only getting more challenging, according to RealtyTrac.
September 29 -
The sharp increases of the pandemic era have added nearly a year to the amount of time the average consumer needs to save for a 20% down payment, according to Tomo.
September 28 -
Meanwhile, nearly half of consumers are more worried about severe weather now compared to five years ago, according to Realtor.com.
September 27 -
While nearly 1.6 million forborne borrowers remain, about 460,000 are up for review at the end of September.
September 24 -
Price appreciation over the past year also dropped the share of underwater mortgage borrowers to an all-time low, according to CoreLogic.
September 23 -
Possible existing home sales exceeded what was forecasted as coronavirus-related uncertainty gave borrowers increased purchasing power, according to First American.
September 22 -
Growing confidence that they’ll be able to find a new place to live will finally push homeowners to put their homes up for sale, the survey of real estate experts found.
September 21 -
Large companies competing to become the Amazon or Google for home lending products discuss their use of acquisitions and targeted marketing to cultivate the image of being a one-stop-shop innovator.
September 20 -
The government-sponsored enterprise also expects purchase and refinancing volumes to drop in 2022.
September 20 -
Last month’s housing market reversed a trend in purchases, but it wasn’t enough to stop the double-digit price growth, according to Redfin.
September 16