by MyInvestment | May 22, 2018 | Real Estate News
Black and Hispanic homebuyers are significantly more likely to get turned down for a conventional mortgage loan, according to new data. A recent analysis from Zillow shows that in 2016, nearly 21% of black applicants were denied a conventional loan, while 15.5% of...
by MyInvestment | May 21, 2018 | Real Estate News
Strong demand and a slim supply of affordable, existing homes for sale has the nation’s homebuilders feeling better about their business. A monthly index of builder sentiment rose 2 points in May, 1 point higher than analysts expected. The National Association...
by MyInvestment | May 18, 2018 | Real Estate News
Mortgage applications fell 2.7 percent last week, the Mortgage Bankers Association says. Volume was 4.5 percent lower than a year ago. The weakness was most pronounced in applications to refinance a home loan. Borrowers may have missed an opportunity to get the last...
by MyInvestment | May 17, 2018 | Real Estate News
U.S. homebuilding tumbled in April and permits fell. The data suggested the housing market continued to tread water amid shortages of land and skilled labor. Housing starts dropped 3.7 percent to a seasonally adjusted annual rate of 1.287 million units in April, the...
by MyInvestment | May 16, 2018 | Real Estate News
The numbers: Builder confidence in the market for newly built single-family homes rose two points to a level of 70 in May, according to the National Association of Home Builders/Wells Fargo housing market index released Tuesday. The Econoday-compiled consensus was for...
by MyInvestment | May 15, 2018 | Real Estate News
With North Korea pledging to reduce tensions and renew ties with its southern neighbor, demand for property in small towns and sparsely populated rural areas around the Demilitarized Zone (DMZ) is surging. Land transactions in Paju, gateway to the United Nations truce...