- FHFA Extends Mortgage Forbearance for Multifamily Owners
The relief program was set to expire at the end of the month but has now been extended until June 30.
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- Are Some Luxury Buyers Blowing Their Budget?
“Even people who are very wealthy will buy real estate without understanding what it’s going to cost them,” one financial planner warns.
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- Drop in U.S. Fertility Rate Has Housing Consequences
Americans are having fewer children than ever, which could stoke new and different homebuying preferences.
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- Mortgage Rates Top 3% as Would-be Buyers Pull Back
Rates have risen by more than 30 basis points since January, and the impact on purchase demand has been noticeable, Freddie Mac says.
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- Report: 50% Fewer Homes for Sale This Year
The housing market is inventory-starved heading into spring, and buyers should brace for fierce competition.
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- 3 Telltale Signs of an Amateur Paint Job
Painting is one of the easiest DIY home improvements, with some of the best results, but there are techniques for doing it right.
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- iBuying Giant Pairs Buyers With Agents to Submit Cash Offers
Opendoor announced it will back buyers’ offers with cash to improve their chances in a bidding war, promising the seller the company will buy the home if the buyer is unable to get financing.
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- Buyers May Want to Ask Lenders: How Long to Close?
The average mortgage loan process takes about 30 days from underwriting to closing. But many lenders are pushing out the timetable because of the deluge of applications.
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