Refinancing Drove Mortgage Lending to its Best Quarter in 20 Years
Back in March, reports showed that the fourth quarter of 2020 was the mortgage industry’s best quarter since … More
Mortgage and Real Estate Trending Topics
Home Sales Slowdown Likely to Continue
April was not a great month for the housing market, as sales of both newly built homes and existing homes … More
Homebuilders Shift Focus to Suburbs and Beyond
Over the last 16 months, people’s attitudes towards where they live have shifted dramatically, driven by the … More
New Home Sales Reverse Course, Decline in April
April is an even-numbered month, which apparently means that new home sales fell again. In each of the … More
Existing Home Sales Fall for Third Straight Month
Despite the fact that many people are definitely looking to buy a new home, the lack of available inventory is … More
Survey: Almost All Home Sellers Think They’ll Sell for More Than They Paid
Just how much of a seller’s market is it right now? Well, nearly everyone who plans to sell their home in the … More
New Home Construction Hits Speed Bump as Costs Climb
Remember last month when new home construction hit the highest pace since June 2006? Scratch that. More
Home Sales Still Expected to Increase in 2021 Despite Inventory Challenges
The most recent data on home sales showed that sales may be back on track after stumbling earlier in the … More
California’s Housing Market Has Never Been Hotter
California may be known for its sunny weather and warm days, but it’s the Golden State’s housing market that’s … More
New Home Demand Falls as Costs Continue to Rise
Home buyers still want to buy a newly built home, that much is clear. However, it appears that some buyers are … More
Home Prices Keep Climbing at Record Pace
Given that nationwide home prices hit an all-time record in March, it probably won’t come as a shock that home … More
Homes are Selling Almost Twice as Fast as Last Year
Thanks to the fact that there simply aren’t enough homes on the market to satisfy the demand from buyers, the … More
Homeownership Held Steady in First Quarter
After unexpectedly falling in the fourth quarter from a 12-year high, homeownership remained stable in the … More
Home Sales May Not Be Slowing Down After All
Thanks to some underwhelming home sales data, it initially looked like the usually robust Spring homebuying … More
Fannie Mae, Freddie Mac Set Date for New Refinance Program
Fannie Mae and Freddie Mac made big news late last month when the companies announced that would soon be … More
New Home Sales Bounce Back in a Big Way
The rollercoaster that is new home sales is back on the upswing in a rather dramatic manner. After falling in … More
Mortgages for Home Purchases Expected to Reach Record High in 2021
Last year’s mortgage market was dominated by refinances, with refis hitting the highest level in 17 years. … More
Fannie Mae, Freddie Mac Unveil New Refinance Program for Low-Income Families
Last year saw the highest volume of mortgage refinancing since 2003 thanks to historically low interest rates, … More
House Prices Hit All-Time Record High
Thanks to a lack of supply and an abundance of demand, house prices have never been higher than they are right … More
The Homes are Coming: New Home Construction Picking Up Speed
One thing is clear: the housing market desperately needs more houses on the market right now. Luckily, it … More
Homeownership as a Pillar of Wealth: Strategies for Closing the Racial Wealth Gap
For many in historically underrepresented communities, the dream of … Read »
Fees When Buying a Home: What to Expect
Buying a home is both a significant milestone and a deeply rewarding experience. … Read »
Homeownership: A Pathway to Economic Stability
New American Funding is working to make the dream of homeownership a reality for … Read »
Have Rates Hit Their Highs?
After a series of rate hikes, many are wondering if we've finally reached the … Read »