The first quarter of this year was the best quarter for the mortgage lending industry in 20 years. However, those heights have not been sustainable as mortgage lending has fallen back a bit in each of the two quarters since then.
Both pre-qualification and pre-approval can be helpful in your homebuying process. Find out what makes them each different and when each one can be most useful to you.
For the sixth year in a row, the maximum conforming loan limits on mortgages to be acquired by Fannie Mae and Freddie Mac are set to increase. Here are the full details.
The financial benefits of owning a home continued to grow in the third quarter, as rising home prices boosted the equity that many homeowners hold in their homes.
After falling for four straight months earlier this year, existing home sales have now risen in four of the last five months, perhaps indicating that the housing market may be finding some stable footing as we move towards 2022.
Construction of new single-family homes is up in 2021 compared to last year, but a new report shows that construction could be even higher than it is now if supply is able to keep up with demand.
Back in August, the demand for new homes rose for the first time since March. The increase was short-lived as demand then fell in September. However, a new report shows that demand bounced back in October.
For the fourth year in a row, the health of the Federal Housing Administration's flagship insurance has substantially improved, leading to renewed calls that the FHA should cut mortgage insurance premiums to ease the costs for FHA borrowers.
The changes to the loan limit rules give veterans across the country more buying power because they may be able to take out a larger loan, depending on their financial situation.
For the fourth straight month, it got a little easier for those seeking a mortgage to get one, as newly released data shows that mortgage credit availability increased in October.
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