St Louis Real Estate News is updated periodically we bring you relevant area news for the St Louis Region
The Federal Housing Administration (FHA) has launched a new automated underwriting system (AUS) for single family forward mortgages. The “FHA Catalyst: Single Family Origination Module –AUS” enables lenders to electronically… Read more »
The Mortgage Banker’s Association or MBA recently released the results of a survey for the week ending on October 2, 2020. The volume of mortgage loan applications increased by 4.6%… Read more »
The most recent of CoreLogic’s quarterly reports on Americans’ home equity shows that, nationwide, homeowners with mortgages (approximately 63% of all properties, according a 2016 American Community Survey) have experienced… Read more »
Realtor.com predicted the peak of home buying season will be in August this year as opposed to the usual May. “Real estate activity in the U.S. has regained its strength… Read more »
Data show that 20-40 year olds represent the most significant opportunity in the housing market today. Purchase activity by millennials is rising, according to the Ellie Mae Millennial Tracker. Census… Read more »
U.S. home prices are holding their own—and more In April, prices climbed 0.2% from the prior month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). More… Read more »
According to a recent by Apartmentlist.com, experts believe that the recent arrival of the coronavirus might push not only a race for a vaccine but could also spur a rebirth… Read more »
The average rate for the 30-year fixed-rate mortgage reached another new low, with the average rate coming in at 3.15%, according to Freddie Mac. “The 30-year fixed-rate mortgage has again… Read more »
According to a report by Redfin, the arrival of spring has brought with it a surge in bidding wars. Specifically, Redfin reports that just shy of half of its offers… Read more »
According to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly-built single-family homes rose an impressive seven points to 37…. Read more »