Home equity lending in 2023 grew by only 1.5% compared to the prior year, while outstanding debt increased by 8.3% in the same time period, according to a study released Monday by the Mortgage Bankers Association (MBA). The data includes total originations of open-ended home equity lines of credit (

There are plenty of challenges for renters and homebuyers this year, especially when it comes to affordability. But technology — particularly leveraging generative AI — can help solve these challenges in new ways. At least, that was the premise of the FHFA’s 2024 TechSprint last week, which focused

The rising supply of homes for sale has yet to put a serious dent in affordability concerns, but it might be starting to. That’s according to First American’s monthly Real House Price Index, which shows a national price decline of 1.3% from May to June. The index measures nominal home prices and adj

Warmer summer weather has brought cooler housing market conditions to Montana. “The market right now just feels like it’s a bit lukewarm,” said Brian Huskey, a Billings, Montana-based ERA American Real Estate agent. “There is still moderated demand from buyers, but there are a lot of people just sit