Can you still even afford to rent? A new survey sheds light on the current housing situation among renters across the country.Nearly one in every five renters is struggling to pay their monthly housing payment.This is according to a recent survey conducted by rental listing site, Apartment List, Read more
Green Home Construction Sees Ubiquitous Growth
Green homeconstructionfor both single-family and multifamily housing units had increased significantly this year. A recent researchconducted by the National Association of Home builders (NAHB) shows that more than 60 percent of the overall construction activity in the country involves the creation Read more
Retail Giant Amazon to Join Real Estate Referral Market
Earlier last week, Seattle-based retail conglomerate Amazon, owned by tech overlord Jeff Bezos, released a teaser on its website hinting a possibility that the giant is entering the real estate industry.In the website’s Home and Business Services page, a section mainly dedicated to connecting Read more
30Y FRM Rate Remains at 4 Percent Range
The 30-year fixed-rate mortgage rateremains steady within the 4 percent range according to the latest Primary Mortgage Market Survey(PMMS) by Freddie Mac. The hold is attributed to the mixed economic reports in the past few weeks. The Report An increase of 8 basis points were recorded for the Read more
Ellie Mae: Lenders Speed Up Loan Processing
According to the most recent Ellie Mae Originations Insight Report, purchase loanscontinue its second month soar to record a 63 percent increase in purchase originations. This is an increase from February’s 57 percent and January’s 53 percent. This has been the highest in the book since July last Read more
