Mortgage rates are on the rise in 2022. If you still want to pull some cash out of your home, here are your options. For many homeowners, the pandemic offered an unprecedented opportunity to build wealth. Those opportunities still exist, even though they are getting harder to come by. Thanks to skyrocketing housing prices, the…

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The Number of Hispanic Households Will Skyrocket by 2040. How Can the Housing Industry Support Their Needs?

Hispanic Households

Urban Institute, Feb. 25, 2021–Laurie Goodman, Jun ZhuHispanic households will account for 70 percent of net new homeowners between 2020 and 2040. Despite the many barriers to homeownership they face, they are the only racial/ethnic group that will experience an increased homeownership rate over that period. The authors outline three ways lenders and policymakers can…

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2021 Housing Market ‘Red Hot’

Housing Market

The past year has been like no other, housing-wise. Near-record-low interest rates, tight housing supplies and greater flexibility in where one lives have pushed a normally predictable housing cycle into uncharted territory, as three new housing reports show. RE/MAX: Winter Months Leave Buyers Undeterred RE/MAX, Denver, said its National Housing Report for January saw home sales jump…

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Mass. housing market off to ‘strong’ start in 2021, trade group says

Mass Housing Market

The Bay State’s housing market saw “healthy” demand from buyers in January, creating a “strong” start for 2021, according to the Massachusetts Association of Realtors. In its monthly indicators report, the trade group said closed sales this January increased by 7.8% for single-family homes and 9.8% for condo sales compared to January 2020. The increase…

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NEWS: Signs Point Toward Continued House Price Appreciation

House Price Appreciation

MBA Newslinks August 24, 2020 Ahead of this morning’s S&P CoreLogic Case-Shiller Home Price Indexes, a report from First American Financial Corp., Santa Ana, Calif., said low mortgage rates, tight supply and demographic demand will continue to drive home price appreciation well into autumn. “Mortgage rates are even lower (below 3% for the first time…

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