MReport

MReport

HUD: New Home Sales Above Estimates

By Staff Writer The HUD and the Census Bureau released their May New Home Sales Report, above prior estimates. Read ahead to see current projected inventory supply, as well as the median and average home prices… The post HUD: New Home Sales Above Estimates appeared first on theMReport.com. Via:: HUD: New Home Sales Above Estimates       

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Freddie Mac Portfolio Rises Once Again

By Aly J. Yale Freddie Mac’s total mortgage portfolio has increased once again, this time rising at an annualized rate of 1.8 percent for the month. That’s up from the 0.5 percent jump the portfolio experienced in April, but it pales in comparison to a few months prior. So just how well is the GSE doing? And what will the …

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Could the Market Be Cooling Off?

By Aly J. Yale It seems the nation’s white-hot seller’s market may be starting to cool off—at least if a recent analysis is accurate. San Francisco, New York City, Miami, and other major cities are all showing subtle signs of slowing down, but does it spell the end of the seller’s market? And more importantly, will it become a nationwide …

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Senior Home Equity Hits Record High

By Aly J. Yale American homeowners aged 62 and older saw a significant jump in home equity over the last quarter. Now holding more than $6 trillion in equity across the group, senior home equity has hit its highest point in nearly 20 years. But what’s driving this uptick, and is it poised to continue? The post Senior Home Equity …

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Multifamily Home Investment Climbs, but at What Cost?

By Staff Writer More investors are putting stake in multifamily homes like apartments and condominiums, but who’s living in them? What sort of investment opportunities are out there, and what might the future hold for those willing to take the plunge? The post Multifamily Home Investment Climbs, but at What Cost? appeared first on theMReport.com. Via:: Multifamily Home Investment Climbs, …

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Slight Uptick in Rates, But Not as Much as Expected

By Brianna Gilpin The Federal Reserve’s decision to raise rates left some wondering what would happen with mortgages. In a recent report by BankRate.com they raise the question “Why did rates go up?” and more importantly “Why didn’t they go up more?” Industry experts weigh in. The post Slight Uptick in Rates, But Not as Much as Expected appeared first …

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OCC Head Has Ideas to Help Smaller Banks

By Brianna Gilpin When it comes to regulatory reform, smaller community banks should be a prime concern, according to Acting Comptroller of the Currency Keith A. Noreika. Noreika said as much in his address of the Senate Committee on Banking, Housing, and Urban Affairs on Thursday. He also laid out several steps lawmakers can take to lower barriers of entry …

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Take a Second Look at Who You’re Marketing To

By Brianna Gilpin The U.S. is becoming more diverse year-after-year and homeownership rates are changing just as fast. Changes in U.S. diversity could also mean changes in the way you market. Find out if your metro is one of the most changed based on the latest Census Bureau data. The post Take a Second Look at Who You’re Marketing To …

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