Over Half of Homebuyers Skip Mortgage Shopping, Yet Those Who Do Get Better Rates
A majority of homebuyers aren’t shopping around for a mortgage, according to new data from LendingTree. Specifically, 54% of buyers who took out a mortgage for their most recent home purchase received just one offer from one lender, 22% got two offers and 17% got...
Study: Partisanship Has No Effect on the Supply of Housing or Affordability
A new working paper produced by Joseph Gyourko and Fernando Ferreira—two researchers at The Wharton School of Business at the University of Pennsylvania—shows that supply of housing from city to city is not dependent on the political party in power, at least at the...
CFPB’s Inquiry Into Mortgage ‘Junk Fees’ Earns Mixed Reaction From Lenders
Rising closing costs are adding to homebuyers’ affordability woes, putting their dream of homeownership even further out of reach. In an attempt to combat this, the Consumer Financial Protection Bureau (CFPB) is taking aim at so-called mortgage “junk fees” that are...
Homeowner Equity Spikes to All-Time High of $17 Trillion
In CoreLogic’s latest Homeowner Equity Report for the first quarter of 2024 released June 6, U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by 9.6% year-over-year, representing a collective gain of $1.5...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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