The qualified mortgage (QM) rule was implemented in January of 2014. This law is intended to protect consumers by strengthening underwriting standards, but some have argued that the rules will raise costs and reduce access for consumers.
The qualified mortgage (QM) rule is the first of two rules that came from the Dodd–Frank Wall Street Reform and Consumer Protection Act that will impact the housing market.
At the time of the nation’s independence the total population in the U.S. was 2.5 million. Philadelphia was the largest city with 40,000 residents - which would only fill about half the capacity at Lincoln Financial Field where its football team...
With a win by the socialist party in France’s presidential election, bond investors will be shifting money into U.S., U.K. and Germany. That means lower mortgage rates, at least temporarily, for U.S. consumers.
NAR takes its role as a leading source for housing information very seriously, and toward that end, NAR research will announce results of a year-long re-benchmarking process for existing-home sales on Wednesday, December 21. Here are some answers to commonly asked questions about the re-benchmarking process. You can also view this video for more details.
The market share of vacation- and investment-home sales held steady in 2010, although the sales volume declined with the overall market according to the 2011 Investment and Vacation Home Buyers Survey.
Each day the Research staff takes a look at recently released economic indicators, addressing what these indicators mean for REALTORS® and their clients. Today’s update highlights mortgage purchase applications and general housing market...
“Buyers these days just keep getting younger and younger!” While this is true, the most recent data from the 2011 Member Profile shows that REALTORS® are also getting older.
Each day the Research staff takes a look at recently released economic indicators, addressing what these indicators mean for REALTORS® and their clients. Today’s update highlights mortgage purchase applications and durable goods orders. Mortgage...
Lifestyle factors continue to be the primary motivation for vacation-home buyers, with the desire for rental income driving investment purchases. Vacation homes were more likely to be located in a rural area, while investment homes were more likely to be in a suburban location.
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