There are some significant benefits associated with refinancing, yet a disproportionate number of Black and Hispanic Americans don’t pursue the option. Discover what industry stakeholders can do to help broaden the funnel of homeowners looking to refinance, thereby increasing homeowner equity for minorities. Read More.
The shortage of new construction homes coupled with high demand for existing supply has driven up the prices of affordable properties, making homeownership difficult for borrowers below the Area Median Income (AMI). This article explores how getting vacant and distressed properties back on the market can help address this challenge. Learn More.
Nearly four million affordable housing units are needed to close the housing gap. Such a number begs the question: How can housing professionals collaborate across the ecosystem to help establish solid, sustainable pathways to affordable homeownership? This article looks at leveraging shared equity programs to address the housing gap. Read More.
Accessory dwelling units (ADUs) could be one answer to affordability and housing supply challenges. Known colloquially as “granny flats,” “in-law apartments,” “carriage houses,” and “secondary suites,” an ADU is a smaller, independent residential structure on the same lot as a single-family home. Discover the benefits that ADUs are poised to provide to homeowners, renters and communities. Read More.
The share of homes purchased by investors peaked last October with the highest monthly percentage observed in CoreLogic data history (26.9%). But by December, the investment surge mirrored house price growth and investor share fell to 20.4%.
The Mountain-West region is the hottest housing market in the country, and according to the S&P CoreLogic Case-Shiller Home Price Index, Phoenix (followed by Denver and Boise) had the fastest year-over-year appreciation.
National home prices soared in 2021, pushed up by strong demand and a limited supply of properties for sale. CoreLogic economist Molly Boesel offers a closer look, including how the numbers stack up when adjusted for inflation.
CoreLogic chief economist Dr. Frank Nothaft discusses recent price indexes showing inflation is at a 40-year high. He looks at how supply chain disruptions have spiked prices in consumer goods and construction costs, and has delayed home completions.
The real savings that many potential buyers expected from record low interest rates were quickly outstripped by the pandemic-fueled housing demand and price increases that followed a temporary market shutdown.
Close loans faster and a lower cost. Capacity is an award-wining mortgage support automation platform, powered by AI, that empowers mortgage professionals with instant knowledge and automated workflows.
Combining the latest technology with more than a decade of in-depth data analysis, Arch|MI RateStar delivers continuous innovation to ensure a competitive monthly MI premium for your customer, including a buydown feature to achieve the most affordable rate.
Mortgage Servicers are under pressure to keep borrower satisfaction high while meeting regulations. Industry expert Neil Armstrong shares some challenges mortgage servicers are seeing and what it will take to make it easier for them to meet borrower and regulator expectations.
The latest edition of CoreLogic’s quarterly analysis of the latest home equity trends of the national, state and metro levels. Data shows U.S. homeowners with mortgages (roughly 62% of all properties) have seen their equity increase by a total of over $3.8 trillion since the Q1 2021, a gain of 32.2% year over year.
Five housing markets in the Southeast and South continued to post more than 20% annual price gains in August Rising mortgage rates continue to rattle the U.S. housing market. With homebuyer demand quickly slowing, price appreciation has followed suit in many metro areas.
Only 2.8% of U.S. homeowners with mortgages were delinquent in August, the lowest level since near the start of the pandemic. "The share of U.S. borrowers who are six months or more late on their mortgage payments fell to a two-year low in August," said Molly Boesel, principal economist for CoreLogic.
In a wide-ranging discussion, mortgage experts will debate the policy areas the Biden administration should prioritize highest in 2022, including GSE reform and fair lending practices.
Technology is changing the loan process. Consumers’ expectations are changing and they want to do what they want to do on demand and technology allows them to do that. RocketPro TPO can offer that experience. Learn more.
The housing industry remains hot as people are buying homes are record rates. RocketPro TPO technology can help brokers and purchasers have a seamless, efficient experience throughout the buying process. Learn more.
Learn how Total eClose, with NEW integrated RON technology, provides a one-stop shop with everything you need to conduct a perfect eClosing every time.
