by Candace Ellington | Feb 1, 2021 | Mortgage News
A new report took a close look at rental affordability and found that it’s cheaper to buy than rent in a majority of the country. The ATTOM Data Solutions Rental Affordability Report took the median price for a three-bedroom home in 915 counties and compared the costs...
by Candace Ellington | Jan 5, 2021 | Mortgage News
Despite the pandemic’s weighty impact, it did little to slow down the ability for homeowners to earn wealth this year. In the third quarter of 2020, homeowner equity rose to its highest level in six years. According to CoreLogic, a majority of homeowners saw their...
by Candace Ellington | Nov 16, 2020 | Mortgage News
A major push from homeowners applying for refinance loans drove the overall volume of mortgage applications. According to the Mortgage Bankers Association, a significant number of homeowners applied for a new refinance loan to close out the month of October. The...
by Candace Ellington | Oct 23, 2020 | Mortgage News
The price for an entry-level home continues to go up and is helping drive today’s strong market conditions. CoreLogic said home prices nationally have increased by 5.5% in July, the fastest year-to-year growth in two years. The blend of high demand and low-interest...
by Candace Ellington | Oct 2, 2020 | Mortgage News
When the pandemic began, the real estate market took a turbulent but brief turn. Today, market performance is exceeding expectations with favorable trends of low interest rates, high buyer demand and rising home values. In the second quarter, homeowner equity surged...