Elderly Americans Hanging on Tight to Homeownership via themortgagepoint.com—Hang on tight, because many U.S. homeowners aren’t budging when it comes to letting go of their American Dream. A Redfin-commissioned survey found that roughly one-third (33.5%) of baby boomers who... Read More

ACTIVE LISTINGS HIT SIX-YEAR HIGH IN MAY via themortgagepoint.com—The May Monthly Home Trends Report from Realtor.com indicates that the U.S. home market is making a resurgence, although the recovery is highly fragmented. Only metro areas in the South or... Read More

HOME INSURANCE PREMIUMS JUMP NATIONWIDE via themortgagepoint.com—Homeowners across the U.S. are facing a sharp increase in insurance costs, with premiums rising 21% from 2021 to 2023, according to a new analysis from First American. That translates to roughly $300... Read More

EXISTING-HOME SALES SLOW AMID WEAKENED BUYER DEMAND via themortgagepoint.com—According to the National Association of REALTORS (NAR), existing-home sales decreased in April. The Midwest had growth in sales, the South saw no change, and the Northeast and West saw declines.... Read More