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Home buyer sentiment falls to its lowest level since 2011
...Fannie Mae's Home Purchase Sentiment Index for July. Despite indications the housing market could slowly be moving toward greater balance, overall sentiment decreased for the fifth month in a......

San Francisco 'froth is gone' as wealth fades, housing slumps
...by extreme wealth and ever-escalating home prices. Now, as the U.S. housing market slows from a pandemic-era frenzy, the San Francisco area stands to be among the hardest-hit places.  Higher......

Mortgage insurer earnings grow in 2Q
...mortgage insurance, Radian has a data and analytics segment, which includes its title insurance underwriting unit. The segment, called homegenius, recorded an adjusted pretax operating loss......

BTR Investors Pay More Than Home Buyers
...or while under construction, are paying more per house than the typical home buyer, according to new research. Whereas the median price of single-family houses hit $368,200 in the first quarter......

Fewer Americans Are Moving This Year Amid Rising Interest Rates And High Rents
...and $1,876 in June, according to data from Realtor.com. Meanwhile, mortgage rates have climbed as the Federal Reserve raises interest rates in an attempt to curb skyrocketing inflation. The national......

Preapproval vs. prequalification: What’s the difference?
...be the green light.” That green light is important in today’s housing market. Since some markets are especially hot, sellers might be getting competing offers. If they’re comparing one offer......

What are points on a mortgage?
...looking at. Besides negotiating a good price and shopping for the best mortgage rates, some homebuyers buy mortgage points, also called “discount points,” to lower the amount of interest they......

What happens if your mortgage company goes bankrupt?
...will step in to take over. This takeover typically ends with the FDIC inducing another lender to take on that bank’s loans.” If your mortgage were to be taken over by another bank or lender......

Rent Increase: These Cities Had the Biggest Rent Hikes in the US
...this time last year.    Rent Prices Continue to Surge Alongside Mortgage Rates 7. Charlotte, North Carolina In the metro area that includes Charlotte, Concord and Gastonia, North Carolina......

Wakeland’s New CEO on California’s Affordable Housing Crisis
...How is the current economic landscape going to impact California’s affordable housing market?  Louie: California policymakers have made a significant investment in affordable housing production......

Roomba Maker iRobot Reportedly Planning To Cut 10% Of Its Staff: Here Are The Major U.S. Job Cuts As Recession Fears Grow
...company’s 8,500 employees — amid a precipitous downturn in the housing market that’s “contracted sharply and abruptly,” CEO Frank Martell said in a statement. July 11, 2022Electric automaker......

CD vs. savings account: Which should you choose?
...IRA CDs. Look for banks insured by the Federal Deposit Insurance Corp. (FDIC) and credit unions insured by the National Credit Union Share Insurance Fund (NCUSIF). This coverage will protect......

The housing market is slowing down, but homes aren't getting cheaper anytime soon
...opinions expressed in this commentary are his own. Rising home prices and mortgage rates have made it next to impossible for many Americans to afford a home. And, even though the market is starting......

Today’s refinance rates move higher – August 8, 2022
Senior mortgage reporter Jeff Ostrowski covers mortgages and the housing market. Before joining Bankrate in 2020, he wrote about real estate and the economy for the Palm Beach Post and the South......

Current national mortgage and refinance rates, August 8, 2022 | Rates rise
Average mortgage rates edged higher for all types of loans compared to a week ago, according to data compiled by Bankrate. Rates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans......

FDIC Sees Potential Warning Signs for Bank CRE Lenders
...downturns as they should be. The Summer 2022 issue of the FDIC’s Supervisory Insights ran an article called "Commercial Real Estate: An Update on Bank Lending Amid the......

Opinion: The housing market is slowing down, but homes arent getting cheaper anytime soon
Rising home prices and mortgage rates have made it next to impossible for many Americans to afford a home. And, even though the market is starting to show signs of cooling, many prospective buyers......

Today's Mortgage Rates for Aug. 8, 2022: Rates Increase
Today a few important mortgage rates ticked up. As interest rates surge, it's getting more expensive to buy a house. A couple of important mortgage rates rose today. The growth in the interest......

Mortgage Refinance Rates for Aug. 8, 2022: Rates Move Up
...up. The average rate on 10-year fixed refinance also made gains. Like mortgage rates, refinance rates fluctuate on a daily basis. With inflation at a 40-year high, the Federal Reserve has hiked......

4 Best REITs For The Rest Of 2022
...down just more than 6% vs. an 18% decline for the FTSE NAR AR EIT All Equity Index, according to an early July note from Raymond James. So you won’t be surprised when I tell you another......

Daily Dozen | Forbes: WhatsApp’s Cyber Spies; Democrats’ $430B Victory; SEC’s Crypto Spotlight
...Act cleared the Senate. How remote work has contributed to a two-speed housing market across the country. Sign up here to get the Forbes Daily Dozen morning newsletter straight to your inbox......

How to support Black-owned businesses
...loans. It’s an official designation:  the Federal Deposit Insurance Corp, or FDIC, classifies these financial institutions as Minority Depository Institutions (MDIs). To meet the criteria, minority......

Three Challenges Facing The Affordable Housing Market—And How Industry Leaders Can Start Addressing Them
...increasing the value of the total stock of housing. And last year, home sales saw a record year as many individuals vacated cities across the U.S. thanks to the rise of remote work opportunities......

How higher mortgage rates impact new-construction homebuyers
...822,000 in 2020, according to the Commerce Department. How are higher mortgage rates impacting new-construction homebuyers? Higher mortgage rates aren’t good news for anyone looking to buy......

What happens to mortgage rates in a recession?
...concerns are back, and for some, that comes with worry for higher mortgage rates. This time, however, it’s unclear how rates might react. If we are in fact in a recession, or heading towards......