Decatur homes sell twice as fast as national average
The Decatur, IL housing market is moving at twice the national pace, with homes selling in just 35 days compared to the 77-day national median, even as median list prices climbed 17.8% year over year to $152,450. The Decatur metro absorbed 24 homes last week, up 33% from 18 homes during the same per
Mortgage industry backs LLPA changes but is divided over priorities
The mortgage industry largely supports changes to the loan-level price adjustment (LLPA) matrix but remains divided on priorities, with a full overhaul unlikely amid a potential stock offering of Fannie Mae and Freddie Mac. Two weeks ago, Federal Housing Finance Agency (FHFA) Director Bill Pulte sa
A growing foreclosure crisis? Not according to the latest Fed data
Once again, the latest quarterly New York Fed Household Debt and Credit report reinforces a story I have been talking about for a long time: homeowners in America are in solid financial shape, while those who cling to the narrative of the 2008 housing crisis still require a dose of gloom therapy. Tw
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