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Fannie Mae cuts origination forecast again amid tepid home sales outlook
forecast for the third time this year, primarily due to fewer existing home sales and purchase mortgages. Fannie's projection for 2018 refinance volume did not change from the June edition of......

Five years ago Detroit was bankrupt. Now it's coming back
their homes, too. A number of efforts are under way to stem foreclosures, like reaching out to low-income households that may be eligible for tax assistance. The city makes sure landlords are......

FHFA, like CFPB, finds its constitutionality in doubt
limited impact; longer-term, if this decision stands, there could be even greater housing market volatility related to presidential elections," wrote Ed Mills, a policy analyst with Raymond James......

States Sue IRS, Treasury To Strike Down SALT Cap Under New Tax Law
That sentiment appears to be shared by the National Association of Realtors (NAR), which warned last December that the (then) proposed changes could cause home values to fall in every state. The......

Homebuilder sentiment steady as demand, optimism zigzag
a report Tuesday from the National Association of Home Builders/Wells Fargo. The Housing Market Index unchanged from prior the month at 68 (the estimate was 68). The gauge of the six-month......

Boosting Student Housing Management to the Next Grade
Julie Bonnin, COO, Asset Campus Housing The student housing market continues to grow across the U.S. at an unprecedented rate. Between 2016 and 2017, developers added nearly 20,000 units to......

Orlando home sale prices have risen for 7 years straight
impediment to sales in Orlando, but the combination of higher prices and mortgage rates contribute by pinching the budgets of some prospective buyers — particularly first-timers — and thwarting......

New Luxury Condominium Will Be The Last Of Its Kind In San Francisco
on the rise. Indeed, the city is known for having a tight housing market, especially at the higher end, and a limited inventory of luxury residences are expected to hit the market in the coming......

DFW home prices forecast to barely move in the coming year
in North Texas area at record highs. But so far this year, home sales prices have increased by only about 5% — half the growth rate in the same period of 2017. And the inventory of homes......

Legalizing Pot Sales Means...Higher Home Values?
about 6%—or an average of $15,600 per house. Using data on home sales from 2010 through 2015, economists Cheng Cheng and Walter J. Mayer from the University of Mississippi and FNC, Inc. Director......

US population boom: Fastest growing county in every state
affordable housing opportunities as home prices continue to rise in the post-recession housing market recovery. To identify the fastest growing county in every state, 24/7 Wall Street reviewed......

How do I save money by using 15-year mortgages? A Foolish Take
finance a home purchase is to take out a 30-year mortgage. With mortgage rates having been exceptionally low for years, it's been possible to get extremely attractive monthly payments even on......

Buying new construction? Avoid these 5 costly mistakes
may not offer competitive rates and terms. Unless you shop around for mortgage rates , you won’t have a basis for comparison. Chyrise Harris is a prime example. She was preapproved with an......

The Cost of Selling Without a Real Estate Agent
for the commission, and then do the math yourself,” researchers write on NAR’s Economists’ Outlook blog. “The closing price for the agent-assisted seller is likely going to be way above a FSBO......

How Much More Buyers Are Paying for a Mortgage
IE users, please download Firefox , Chrome , or Edge . July 16, 2018 Higher mortgage rates and rising home prices are making housing more expensive for homeowners this......

3 Easy Ways to Transform a Yard Into an Outdoor Oasis
Fire pits scored a perfect “Joy Score” of 10, according to the NAR and NALP survey. Homeowners stand to recover about 67 percent of the cost to add a $6,000 fire pit with natural stone and a......

A Ten-Year Analysis of the May 2018 Existing-Home Sales Figures
Every month NAR produces existing-home sales, median sales prices and inventory figures. The data is released with a one-month lag (so the May data is released in June) and is reported on a......

Home prices are shooting up across Detroit metro area
earlier, according to a report released Monday by Realcomp. Detroit's median home sales price is now about 275% higher than it was five years ago ($10,325), back when many houses in city limits......

Median home price in Lehigh Valley hits record high
is usually a hot month — for both the weather and the housing market. This June, however, broke records. The median price of a Lehigh Valley, Pa., home hit a record-high $225,000, surpassing......

Key mortgage rates mixed for Monday
Mortgage rates moved in different directions today. The average for a 30-year fixed-rate mortgage was unchanged, but the average rate on a 15-year fixed tapered off. The average rate on 5/1......

Best 2-year CD rates — July 2018
as it’s a member of the Federal Deposit Insurance Corp., or FDIC, you can feel secure parking your money there. That’s because consumer deposits at all FDIC-insured banks are backed by the full......