Rising rents contribute to increase homelessness, Zillow says

By Mike Wheatley | December 12, 2018
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 […]

Most buyers still fail to shop around for a mortgage

By Mike Wheatley | October 13, 2018
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, […]
Mortgage, US Real Estate

Does the availability of mortgage credit impact presidential elections?

By Mike Wheatley | July 20, 2018
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 […]
Residential, US Real Estate

Economists are concerned as millennials delay homeownership

By Mike Wheatley | July 17, 2018
Economists are reportedly worried that millennials are not buying homes on the same timeline as previous generations, the Urban Institute says.
Residential, US Real Estate

Limited English proficiency linked to lower homeownership rates

By Mike Wheatley | April 21, 2018
People living in areas with lower levels of proficiency in English have significantly lower rates of homeownership, according to a new study.
Mortgage, Real Estate, US Real Estate

CoreLogic: Mortgage delinquencies spike following natural disasters

By Mike Wheatley | April 12, 2018
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.
Mortgage, US Real Estate

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

By Mike Wheatley | March 26, 2018
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.
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