DSNews BY: Scott Morgan February 15, 2016 Not everyone thinks the economy is as bad off as doomsayers have been saying lately. In fact, William Dudley, president and CEO of the Federal Reserve Bank of New York, says the expansion we’ve experienced for the past seven years has put American homeowners in a much better […]
Category: Home Value
Economist: TRID is Not Affecting Housing Market Potential
Economist: TRID is Not Affecting Housing Market Potential DSNews by: Brian Honea January 19, 2016 While November’s substantial decline in existing-home sales was largely attributed to the impact of the TRID, or “Know Before You Owe” mortgage rule, which went into effect on October 3, one economist said the CFPB’s controversial rule is […]
Housing Outlook for 2016: Higher Home Sales and Prices, Falling Refi Volumes
DSNews By: Kerri Panchuk December 7, 2015 The year 2016 is expected to usher in the creation of 1.25 million new households, higher rental demand, increased home sales, and a rise in home purchase loan originations even as refinancing volume plummets, CoreLogic’s Chief Economist predicted Monday. Dr. Frank Nothaft, senior vice president and chief economist […]
Negative Equity Rate Decline in Q2 Fueled by Appreciation in Least Valuable Homes
DSNews BY: By Brian Honea On September 3, 2015 [1]The negative equity rate on U.S. single-family homes fell below 15 percent during Q2, totaling approximately 7.4 million homes at the end of the quarter—slightly less than half the total of upside down homes at the worst of the crisis, according to the Zillow [2] Q2 2015 […]
