Housing Affordability Falls in May as Home Prices Rise Faster than Income

Housing Affordability Falls in May as Home Prices Rise Faster than Income

The Mortgage Bankers Association (MBA) Mortgage Credit Availability Index analyzes data from Ellie Mae's AllRegs® Market Clarity® business
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Atlanta Fed president projects 2022 interest rate hike: What it could mean for your mortgage …

The 30-year fixed-rate mortgage has continued to hover near the 3% mark, according to Freddie Mac. To see what interest rate you could get on a
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Biden Fires Trump Appointee as Head of Social Security Administration

In June, Mr. Biden removed the head of the Federal Housing Finance Agency, which oversees the mortgage giants Fannie Mae and Freddie Mac, after
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City's Affordable Home Construction Loan Program has multiple projects underway

TALLAHASSEE, Fla. (WCTV) – From vacant lots to affordable homes: more housing at a lower price is coming to Tallahassee, thanks to a loan
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Tesla Shares Form Death Cross, Portending Further Declines

… as well as the company's future growth trajectory in China, which is among the world's biggest markets for automobiles. On Thursday, Tesla unveiled
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July 9 – Five Savannah area Seabolt Real Estate listings selected as finalists in HGTV Ultimate …

“We're deeply honored to have five properties selected as 2021 HGTV Ultimate House Hunt finalists,” said Seabolt Real Estate founder and Broker
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Legion: Mortgage Gumbo, Gauthier Amedee victorious in day 1 of State Tournament

In the first game of the day, Mortgage Gumbo defeated TASC, 9-1. American Legion State Championships-RD 2 ⚾️ Townsend Homes Gold Sat.
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Iraq war veteran surprised with mortgage-free home in Royse City

His family's home is mortgage-free, thanks to Operation Finally Home, local builder Signature Homes and MA Partners.
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End of eviction moratorium will send shock waves through Cedar Rapids rental housing market

If these numbers are accurate this will cause shock waves throughout the local housing market and will continue the upward pressure on rents and
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Video: Weekly Economic and Housing Market Update

Mortgage and bond rates dropped this week as investors realized that the last Fed discussion may not have been quite as hawkish as was originally
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'Windy City Rehab' stars face another lawsuit, this one alleging they owe lenders money

The duo behind the popular HGTV show owe a pair of suburban Chicago lenders more than $170,000, according to a lawsuit filed in Cook County
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Good news and bad news in JLL's latest office real estate report

On one hand, subleasing space is growing as companies anticipate continued remote work by employees, the real estate firm said. On the other hand,
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Wells Fargo shuts down personal lines of credit

Jason Goldberg, a bank analyst for Barclays, told CNBC large banks saw an aggregate drop in loans last year for the first time in more than a decade.
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Lending thru agent banking rebounds to Tk 227.3cr in May

Lending through agent banking wings of banks rebounded to Tk 227.3 crore in May after dropping sharply to Tk 59.7 crore in the previous month as an
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China cyberspace administration says to remove 25 apps operated by Didi

Paul Pelosi made $5.3 million after buying shares in Nasdaq giants ahead of a … Looking for stocks to buy as the world starts to come back to life?
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What is an Adjusted-Rate Mortgage?

A floating rate is one where your interest rate can increase or decrease when housing market conditions change. How Does an ARM Work? Unlike fixed-
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Polsinelli announces addition of real estate attorneys

Am Law 100 firm Polsinelli welcomes well-known Chicago real estate attorney Kimberlie Pearlman as shareholder in the firm's Chicago office.
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Man wanted in Medina bank robbery

If you recognize the person in the bank surveillance photos, call the Cleveland Division of the FBI at 1-877-FBI-OHIO.
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Issuance of Securities

International Business to Buy BoxBoat, Boost Hybrid Cloud Suite … Simply Wall St. What Kind Of Investors Own Most Of Velodyne Lidar, Inc. (NASDAQ:
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Patricia Melso Joins Christie's in Allendale

Christie's International Real Estate Northern New Jersey, an exclusive … help them navigate through the complexities of the buying/selling process.
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