Helping first-time homebuyers is an increasing conundrum in a housing landscape fraught with frustration. One way some have approached homebuying is to pool financial resources and purchase a house with a group of friends or family members. Mortgage professionals working with buyers considering this scenario should be mindful of sharing both the benefits and the potential pitfalls of this creative arrangement. Learn more.
As home prices have increased in recent years, homebuying has remained relatively affordable due to historically low mortgage interest rates. However, in early 2022, home prices continued to surge as mortgage interest rates also increased, cutting into buyer affordability.
Although the real estate market showed signs of receding in Q4 2021, investors resumed their buying spree in early 2022, accounting for 28.1% of all single-family purchases in February — a record high according to CoreLogic's data that goes back to 2011.
Internal migration plays an important role in understanding the ways population shifts are shaping the nation. Which metro areas are the gainers and which are the losers? Will growing markets face high costs, limited space and reverse migration faced by gateway markets? Freddie Mac’s automated underwriting system offers a real-time view into the residential mobility of American homebuyers. Access the research.
Two years of significant home price appreciation has resulted in national concerns about housing affordability. However, in new research by Freddie Mac, 6-in-10 individuals say they would consider purchasing the type of dwelling that has become the largest source of unsubsidized affordable housing in the United States: manufactured housing. Get specifics on who is most likely to purchase a manufactured home and why.
Sad to say, fraudsters are creative and energetic. If you’re in the mortgage industry, you need to stay on top of what they’re up to – and what they’re planning next. What if the person applying for a loan isn’t who they say they are? Upon receiving some interesting tips, Freddie Mac Single-Family Fraud Risk (SFFR) investigated and identified a new twist on misrepresentation. Read the report summary to find out more.
Learn how the Notarize platform powers eClosings by fostering collaboration and offering signers the flexibility to review, sign, and notarize real estate documents from anywhere.
CARE is Sagent’s consumer platform to care and retain customers through good times and hardships, provide real-time views of home equity, make custom loan offers, and provide immediate hardship help from any device.
