Purchasing power

August 3, 2020 12:46 PM
Record-low interest rates allowed homebuyers to purchase $32,000 more house for the same monthly payment compared to last July, boosting affordability to the highest level since 2016.
1 Min Read
December 9, 2019 3:24 PM
With more consumers believing it’s a great time to buy a home, the Home Purchase Sentiment Index had its best November since the index's release in 2011, according to Fannie Mae.
1 Min Read
December 6, 2019 11:45 AM
The latest monthly employment estimates for nondepository home lenders and loan brokers rebounded in October and rose year-to-year, reversing a downward trend in 12-month comparisons.
1 Min Read
December 4, 2019 3:35 PM
The Federal Housing Administration's loan limits will generally increase 5% next year, but changes in the composition of statistical areas will lead to decreases in 11 counties.
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By Michael E. Kanell
November 29, 2019 8:21 AM
The supply of homes for sale in Atlanta continued to fall, which helped push prices higher last month, according to several reports.
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November 27, 2019 2:45 PM
Loan limits for most mortgages Fannie Mae and Freddie Mac buy will exceed $500,000 for the first time ever next year, and the maximum for most high-cost areas will be $765,000.
1 Min Read
November 27, 2019 2:29 PM
While affordability remains a challenge with the continued strain on housing supply, purchasing power took a big leap in September thanks to a rise in income and descending interest rates, according to First American Financial Corp.
1 Min Read
By Shonda Novak
November 25, 2019 12:17 PM
Central Texas could be on pace for a ninth straight year of record-setting home sales, according to new data from the Austin Board of Realtors.
4 Min Read
November 20, 2019 12:46 PM
Existing-home sales outperformed their estimated potential for October on improved consumer buying power since the start of 2019 and lower mortgage rates, First American said.
2 Min Read
November 14, 2019 10:19 AM
Consumer mortgage originator satisfaction scores fell in the second quarter as lenders had to work through the increase in application activity, a J.D. Power report said.
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