Redfin reports would-be home sellers are stepping back as high rates and economic jitters keep buyers on the sidelines
In theory, a borrower who crosses from a 679 FICO to a 680 FICO has improved their credit by a single point. In practice, that one point can move them across a Fannie Mae loan-level price adjustment (LLPA)...
More sellers are delisting as their homes sit on the market longer than they’d like and/or they’re unable to fetch the price they want. Some sellers...
Down payment percentages were highest in three California metros: San Jose, San Francisco and Anaheim (25% each). They were lowest in Virginia Beach (2%)...
The Top 30 Largest Mortgage Originators in the U.S. Now Use VantageScore 4.0 VantageScore 4.0 Delivers More Predictive Decisioning...
Stocks made a strong rally with tech stocks leading the way; investors also eyed a potential extension to the ceasefire between the U.S. and Iran
Elevated housing costs, a slower-than-usual housing market and a cooling rental market are squeezing potential returns for U.S. investors
Redfin reports some would-be homebuyers are hesitating as housing costs rise and the ongoing Iran war makes the economy feel shaky
With hundreds of thousands more home sellers than buyers in the market, fewer house hunters feel inclined to make cash offers to stand out in bidding wars. Economic uncertainty is also encouraging buyers...