Housing Wire

JANUARY 26, 2024

Census Bureau and Zillow identified the top metro areas in the country that contain baby boomer homeowners, identifying both the “top” and “bottom” 15 markets. of all homeowners being members of the baby boom generation. The report also took stock of statewide baby boomer homeowner populations. with 41.8% The top 5 U.S.

Marketing 413

Marketing Equity Construction Loans 413

Housing Wire

JANUARY 3, 2024

The rising cost of homeowners insurance is weighing more heavily on American homeowners and buyers, according to a survey published Wednesday by Mphasis Digital Risk , a technology services company serving the residential real estate lending industry. average, according to estimates from the Insurance Information Institute.

Lending 416

Lending Residential Technology Industrial 416

Real Estate News

MARCH 27, 2024

State Farm, which stopped issuing new homeowner policies in the state last year, will no longer renew existing policies starting in July.

360

360

Housing Wire

MARCH 1, 2024

By and large, homeowners who are 60 and older love where they live and have a preference to age in place. In 2022, Americans aged 60-plus represented 29% of the adult population and 44% of homeowners,” Duncan wrote. “In The size of the cohort led Fannie Mae to explore some of the implications it could create for the prospect of U.S.

Equity 456

Equity Mortgages As-is 456

Housing Wire

JANUARY 12, 2024

Despite the still-challenging rate environment, some homeowners might opt to bite the bullet and give up their low rate to move, according to a Redfin study. Nationwide, the share of homeowners with relatively low rates has fallen modestly from a record high of 92.8% homeowners with mortgages had an interest rate below 6%.

Fixed-rate mortgage 472

Fixed-rate mortgage Mortgages Equity Finance 472

Housing Wire

JUNE 20, 2023

It is a month when we celebrate the American Dream of homeownership and reflect on the current challenges that homeowners are facing today. The purchase of a home is one of life’s largest and most important investments, and it is critical that homeowners remain vigilant to protect this investment.

Purchase and sale agreement 382

Purchase and sale agreement Title Land Brokerage 382

Housing Wire

FEBRUARY 15, 2024

While “homeowner tenure” has fallen slightly since its 2020 peak, the length of time that homeowners are remaining in their properties doubled to 11.9 homeowner tenure by year using county records. It added that data on homeowner tenure by generation is compiled by analysis of the U.S. years last year, up from 6.5

New Construction 464

New Construction Construction Mortgages As-is 464

Housing Wire

DECEMBER 12, 2023

Homeowners are increasingly concerned with flood insurance premium hikes impacting affordability, Fannie Mae ‘s latest national flood survey showed. The latest survey is an expansion from its 2020 version and compared how homeowners’ and renters’ awareness and attitudes towards flood risk and flood insurance changed over the years.

As-is 409

As-is Design Industrial Agents 409

Housing Wire

OCTOBER 25, 2023

A brewing crisis is emerging around homeowners insurance and thus far the finance and insurance community has not offered any viable solutions. Homeowners in affected markets have experienced increases in premiums that threaten their financial soundness or are finding cancellation notices in their mailboxes.

Finance 385

Finance Investor Mortgages Marketing 385

Housing Wire

SEPTEMBER 8, 2023

with negative home equity decreased 6% in the second quarter from the prior quarter, according to CoreLogic Homeowner Equity Insights quarterly report. Conditions have improved in the Northeast, but homeowners in the West are still struggling. Overall, just 2% of homeowners with a mortgage (1.1 million homes, or 1.9% ”

Equity 384

Equity Residential Mortgages As-is 384

Housing Wire

SEPTEMBER 26, 2023

Homebuyers and homeowners in California have a reason to celebrate. Because of these rules, homeowners insurance firms can only base rates off of historical data, which poses a challenge due to climate change. When setting rates, insurance companies cannot consider current or future risks to the property or reinsurance costs.

Construction 402

Construction Agents As-is Marketing 402

Housing Wire

DECEMBER 15, 2023

Mortgage lenders loanDepot and Cardinal Financial are the targets of class-action-seeking lawsuits alleging deceptive practices, negligent misrepresentation and gross negligence against Texas homeowners. The homeowners believe the class action could include “hundreds of thousands” of individuals.

VA loan 297

VA loan Loans Mortgages Industrial 297

Housing Wire

OCTOBER 19, 2023

In late August, when mortgage rates were well over 7% and beginning their climb toward 8%, Jeff Anderson had a client do what few other homeowners are willing to do: She gave up her 4% mortgage rate. A cash-out refi replaces the homeowner’s current mortgage with a new, larger loan under different terms from the original loan.

Mortgages 479

Mortgages FHA loan Equity Loans 479

Housing Wire

AUGUST 20, 2021

Have you ever considered the median age of homeowners in your area? According to a study conducted by LendingTree, homeowners gravitate towards specific parts of the country depending on their age. These are the places with the oldest average homeowners: 1. Miami: Average homeowner age: 54.47. Baby Boomer homeowners hip.

Mortgages 545

Mortgages Development Design As-is 545

Housing Wire

FEBRUARY 23, 2023

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. Elderly homeowners are particularly at risk, as they may have trouble understanding the long-term financial implications of these agreements.

Title 450

Title Industrial Purchase and sale agreement Title search 450

Housing Wire

JUNE 12, 2023

The goal of Zada Home AI Assistant is to assist with the challenges homeowners face when trying to finding answers on remodeling projects, product comparisons, and maintenance and repair inquiries by offering a secure platform that allows users to engage in interactive, two-way conversations.

Technology 372

Technology Branding Finance Design 372

Housing Wire

DECEMBER 3, 2023

Rising home prices have pushed the third quarter’s tappable home equity amount near its 2022 peak, but interest rates are making homeowners reluctant to extract that wealth.

Equity 436

Equity VA loan FHA loan Mortgages 436

Housing Wire

APRIL 26, 2023

On March 29, the Federal Housing Finance Agency (FHFA) announced Fannie Mae and Freddie Mac would enhance their COVID-19 pandemic-era deferral policies which allowed homeowners experiencing hardship to defer up to six months of mortgage payments to be settled at the end of the loan.

Loans 334

Loans Mortgages Investor Finance 334

Housing Wire

MAY 12, 2022

Soaring home prices continue to serve existing homeowners, with nearly 45% of all property owners now considered equity rich, a year-over-year jump that boosted 13% more homeowners into the prime position. The post Almost 45% of homeowners are now equity rich appeared first on HousingWire. About 44.9%

Equity 458

Equity Mortgages Residential Marketing 458

Housing Wire

DECEMBER 7, 2021

of homeowners missed their mortgage payment in October, up from 3.2% According to the survey results, renters were roughly three times more likely than homeowners to miss payments. Tune into this discussion about how servicers can create a transparent process for homeowners exiting forbearance. The data shows that 10.9%

Mortgages 447

Mortgages Marketing 447

Housing Wire

SEPTEMBER 23, 2021

Homeowners with mortgages gained $2.9 Meanwhile the Chicago- Naperville-Arlington Heights metro area had the largest share of negative equity for homeowners in Q2 2021, at 5.2%. In total, homeowners of 163,000 residential properties regained equity in Q2 2021. The post Homeowners gain $2.9 million homes.

Equity 545

Equity Residential Mortgages As-is 545

Housing Wire

MAY 6, 2021

of homeowners (2.33 of homeowners missed at least one mortgage payment during the pandemic, but only 8.6% of homeowners missed more than two payments. million homeowners feel they are at risk of foreclosure or being forced to move in the next 30 days. of homeowners made all of their mortgage payments and only 5.6%

Mortgages 473

Mortgages As-is Marketing 473

Housing Wire

MARCH 9, 2021

As the first quarter of 2021 nears its end, a recent Redfin report shows both good and bad news for Black homeowners. The positive: Homeowners in primarily Black neighborhoods earned an average of $59,000 in home equity in 2020, compared with $50,000 for homeowners in primarily white neighborhoods between 2019 through January 2021.

Equity 479

Equity Brokerage As-is Mortgages 479

Housing Wire

FEBRUARY 1, 2024

Homeowners and servicers can complete all necessary tasks — from upfront application and processing to final document execution — for faster resolution and increased pull-through. Stavvy provides a best-in-class experience for both homeowners and servicers to manage the loss mitigation process.

Investor 282

Investor Mortgages Marketing 282

Housing Wire

APRIL 17, 2023

Elevated mortgage rates are continuing to give homeowners a reason to stay at their current homes, according to the 2023 Borrower Insights Survey conducted by ICE Mortgage Technology. Nearly half of current homeowners, as well as many younger homeowners, say they are planning to sell their home in the next two years.

Mortgages 327

Mortgages Equity Loans Finance 327

Housing Wire

MARCH 26, 2024

Fannie Mae and Freddie Mac completed 43,903 foreclosure prevention actions in the fourth quarter of 2023, according to a new report published by the Federal Housing Finance Agency ( FHFA ). Over the course of 2023, the government-sponsored enterprises (GSEs) completed 192,897 foreclosure prevention actions.

VA loan 434

VA loan FHA loan Short sale Loans 434

Housing Wire

JUNE 19, 2023

In such a market, homeowners are more likely to stay in their homes for longer periods, unless compelled to move due to life-related reasons. This involves helping homeowners maximize the value of their current homes while being readily available to assist with borrowing money or facilitating a move when the need arises.

Technology 303

Technology Mortgages Title Lending 303

Housing Wire

MARCH 28, 2023

Rocket Companies has rolled out its first credit card in order to attract potential homebuyers and existing homeowners into its ecosystem amid one of the most challenging mortgage markets in decades.

Closing costs 409

Closing costs Finance Principal Mortgages 409

Housing Wire

DECEMBER 22, 2021

homeowners gained a whopping $9.1 Daryl Fairweather, chief economist at Redfin, said in a statement that the surge in housing values during the pandemic has contributed to a widening gap between homeowners and renters in America. The post Homeowners gain $9.1 As a result, the value of U.S. homes grew by 31.4% to $8 trillion.

Brokerage 416

Brokerage As-is Sales Marketing 416

Housing Wire

JUNE 9, 2022

Renovation financing startup RenoFi now offers a fixed-rate home renovation loan, which allows homeowners to borrow as much as 90% of their home’s after-renovation value — a move to target homeowners who don’t qualify for a home equity line of credit (HELOCs).

FHA loan 323

FHA loan Renovation Equity Loans 323

Housing Wire

OCTOBER 4, 2023

According to reporting from the Wall Street Journal, such plans — typically used for those who have no other options in securing home insurance — are increasingly becoming the first or only choice for homeowners who have been left to pick up the pieces following their original carrier’s exit from their coverage area.

Design 409

Design Industrial As-is Marketing 409

Housing Wire

OCTOBER 6, 2021

The post Fannie Mae changes homeowner education requirements appeared first on HousingWire. Prospective borrowers have persistent misperceptions about what is needed to qualify for a mortgage, which can create a barrier for first-time homebuyers.

Finance 479

Finance Loans Mortgages Development 479

Inman

APRIL 23, 2024

Consistent home price appreciation is touted as the main benefit of homeownership; however, runaway home price growth over the past five years has homeowners feeling locked into a financial prison. According to Redfin's latest market study, 38 percent of 3,000 homeowners said they couldn't afford their home if they were to buy it today.

Marketing 148

Marketing As-is Mortgages 148

Housing Wire

NOVEMBER 23, 2021

As home equity reached another record high this year, mortgage companies have a big opportunity to help homeowners understand how to better manage or leverage their home’s equity to improve their housing and overall financial outlook. In fact, recent data shows that 93% of homeowners have at least 10% equity in their homes.

Equity 421

Equity Mortgages As-is Loans 421

Housing Wire

AUGUST 8, 2022

CubiCasa , a real estate software company based in Finland, launched a new product to enable homeowners to generate floor plans at no cost through their app. The post This app lets homeowners generate floor plans of their homes for free appeared first on HousingWire. have floor plans.

Property Management 520

Property Management Technology Inspection As-is 520

Keeping Current Matters

MARCH 2, 2023

Today’s homeowners are sitting on significant equity, even as home price appreciation has eased recently. If you’re a homeowner, your net worth got a boost over the past few years thanks to rising home prices. Here’s what it means for you, even as the market moderates.

Equity 227

Equity Marketing 227

Housing Wire

MAY 18, 2022

With the cost of living on the rise, many older homeowners are looking for financial solutions that allow them to age in place. This means that the homeowner (or their heirs) won’t owe more than the home is worth when the loan is repaid. Consult a tax professional. †

Mortgages 397

Mortgages Equity Loans Lending 397