How mortgages will be impacted by latest increase in interest rates

The Federal Reserve caused a stir last week when it voted to raise interest rates yet again – the fourth time its done so this year. Now, the real estate industry is bracing itself to see how the latest rate increases will impact mortgage rates as we head into 2019. The Federal Open Markets Committee

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Rising rents contribute to increase homelessness, Zillow says

Rising rents across the country are burdening financially limited renters, and contributing to higher rates of homelessness in many of the nation’s least affordable markets. The U.S. Department of Housing and Urban Development (HUD) estimates that 553,752 people nationwide experienced homelessness in 2017, based on a point-in-time count in January. Since 2010, the counted homeless

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Most buyers still fail to shop around for a mortgage

A majority of home buyers could be leaving money on the table due to their failure to shop around for a mortgage. According to a new survey by PenFed Credit Union, two thirds of mortgage applications admit they did not shop around when buying a home. There’s also a great deal of confusion around mortgages,

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Does the availability of mortgage credit impact presidential elections?

A new research paper suggests that changes in the availability of mortgage credit can have an impact on voting patterns during U.S. presidential elections. The paper, written by researchers Alexis Antoniades of Georgetown University and Charles W. Calomiris of Columbia University, analyzed swings in mortgage credit to see if they had any impact on voter’s

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Economists are concerned as millennials delay homeownership

Economists are reportedly worried that millennials are not buying homes on the same timeline as previous generations, the Urban Institute says.

Limited English proficiency linked to lower homeownership rates

People living in areas with lower levels of proficiency in English have significantly lower rates of homeownership, according to a new study.

CoreLogic: Mortgage delinquencies spike following natural disasters

Natural disasters such as wildfires, flooding and hurricanes are having a considerable impact on mortgage delinquencies, according to new research from real estate analytics firm CoreLogic.

Higher mortgage rates likely following Fed’s move to increase interest rates

An increase in mortgage rates is likely to follow after the Federal Reserve voted to hike its short-term interest rates. While the Fed’s rates aren’t directly tied to mortgage rates, they do nevertheless tend to follow a similar pattern.

Why buyers need to act now, before interest rates increase

Economists are warning of a “big impact” that rising mortgage rates could have on buyers who’re shopping for real estate.

Study shows link between Airbnb and rising home prices

Home sharing website Airbnb has a direct impact on home prices and rental rates, according to an unpublished research paper seen by the Wall Street Journal.

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