For many Americans, owning a home or renting an apartment signifies financial stability and maturity, with Americans traditionally leaving home early and never looking back. But home ownership — the cornerstone of the American Dream — is increasingly out of reach, as 18 million people...
First-time home buyers and homeowners seeking to refinance have been busy online this year. Google Trends reports the most searched mortgage-related questions in 2020 in the U.S. include: What is a mortgage? What is PMI? Should I refinance? What is APR? What is escrow? In...
There’s good news for the economy on the home-buying front. “Purchase applications increased 9 percent last week – the sixth consecutive weekly increase and a jump of 54 percent since early April,” said Joel Kan, an economist at the Mortgage Bankers Association (MBA). “Additionally, the...
Sales of new single-family homes were up 0.6 percent in April compared to March, but they fell by 6 percent compared to April 2019, according to the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). The seasonally adjusted number of new...
February 03, 2023
For many Americans, owning a home or renting an apartment signifies financial stability and maturity, with Americans traditionally leaving home early and never looking back. But home ownership — the cornerstone of the American Dream — is increasingly out of reach, as 18 million people have given up on buying a home since inflation began […]
August 23, 2019
One of the most fertile grounds for disruption in this digital world — ongoing, significant disruption that promises to impact one of the most important engines of the economy —...
April 15, 2019
Talk with old-timers from the Bay Area – or people approaching old-timey status – and there’s a good chance you’ll hear stories, lamentations and rants about how that metro area...
January 18, 2019
Way back in the day (which, in 21st century digital economy terms, probably means a decade or so), smart and important people used to express well-informed skepticism about the prospect...
July 22, 2020
First-time home buyers and homeowners seeking to refinance have been busy online this year. Google Trends reports the most searched mortgage-related questions in 2020 in the U.S. include: What is a mortgage? What is PMI? Should I refinance? What is APR? What is escrow? In May, searches for “how to buy a house” reached an all-time […]
May 27, 2020
There’s good news for the economy on the home-buying front. “Purchase applications increased 9 percent last week – the sixth consecutive weekly increase and a jump of 54 percent since...
May 26, 2020
Sales of new single-family homes were up 0.6 percent in April compared to March, but they fell by 6 percent compared to April 2019, according to the U.S. Census Bureau...
December 06, 2018
The Mortgage Bankers Association revealed that U.S. borrowers filed the most mortgage applications for both new purchases and refinancing in nearly two months. The news comes as 30-year home loan...
