Housing affordability dipped in March: First American

Housing affordability dipped in March on both a monthly and yearly basis, according to a new report by First American. Affordability fell by 0.1% compared with February, according to the First American Real House Price Index (RHPI). On an annualized basis, affordability fell by approximately 5%. Mea
Read MoreTitle insurance executives are confident the Biden proposals won’t come to much

Rising mortgage rates and a slower housing market than anticipated contributed to the weaker financial performance of the title segments of some of the nation’s largest title firms during the first quarter of 2024. Last week, big four members First American, Old Republic and Stewart all announced th
Read MoreHome sellers are returning to the market

The weekly volume of new listings is now higher than at anytime last year. It’s still April, so there could be as many as eight more weeks of seller growth in the spring housing market. And seller growth is happening pretty much everywhere across the country, with Florida and Texas leading the way.
Read MoreThe HELOC dam is opening. Are you ready?

U.S. homeowners today are armed with a record amount of home equity 𑁋 nearly $32 trillion, according to the latest data from the St. Louis Federal Reserve. Many of these homeowners are locked into historically low interest rates post-pandemic, which means they are unlikely to refinance. Indeed, ami
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