The Urban Institute’s Housing Finance Policy Center is a think tank that analyzes mortgage and housing data throughout the United States. They recognize trends and provide insightful information to help lenders and consumers. Housing Credit Availability Index Every quarter, they update the housing credit availability index (HCAI), which measures the Continue Reading →
A massive wave of foreclosures could be in California’s future, with new legislation to prevent them all from being converted into rentals.
In the most basic sense, a “jumbo loan” (also known as a “jumbo mortgage”) is exactly what it sounds like. It is a larger-than-usual mortgage loan for borrowers purchasing a more expensive luxury property or in a highly competitive real estate market. It is important to understand what jumbo loans Continue Reading →
Though the country’s economy as a whole took a hit in the second quarter of 2020, home values did not. Owners’ equity rose significantly in Q2. A Look at the Numbers As Q3 nears its end, we are seeing official data come in for Q2. The Federal Reserve recently released Continue Reading →
The Federal Housing Finance Agency (FHFA) just announced that it will be pushing back the proposed refinance mortgage fee from September 1 to December 1, 2020. This means that Fannie Mae and Freddie Mac will not be implementing this controversial loan pricing adjustment for three more months. Understanding the Refinance Continue Reading →
