Mortgage News for February 26, 2021

Mortgage News for February 26, 2021

Sellers Feeling More OptimisticConsumer sentiment for home-selling is on the rise, according to the Fannie Mae Home Purchase Sentiment Index. The percentage of respondents who say it is a good time to sell a home increased from 50% to 57%, while the percentage who say...
Mortgage News for February 19, 2021

Mortgage News for February 19, 2021

Housing Market Shortage PersistsOverall housing inventory plummeted 43% in January compared to the same month in 2020. New listings were also down by 23% year over year. The home shortage increased U.S. median home prices by 15.4%, up to a national average of...
Mortgage News for February 12, 2021

Mortgage News for February 12, 2021

Double-Digit Growth for Residential Construction Investment in the residential construction market has risen more sharply than previously anticipated, according to a report published on Feb. 9. The residential construction market has outperformed the broader economy...
Mortgage News for February 5, 2021

Mortgage News for February 5, 2021

2021 Housing Market TrendsThe pandemic continues to shape the housing market and consumer preferences. In many cities across the nation, inventory shortages persist as buyers look for homes that accommodate remote work and their desire to take advantage of low...