Monday Morning Cup of Coffee takes a look at news coming across HousingWire’s weekend desk, with more coverage to come on larger issues. Black Knight’s latest Mortgage Monitor report shows lending to homebuyers who place less than 10% down hit the highest level in seven years. Over the past 12 months, less than 10% down loans
In early 2011, VW Fowlkes, principal and founder of Fowlkes Studio in Washington, D.C., was struggling with a conundrum. His clients, a husband and wife in their mid-forties, didn’t see eye to eye on the new design for their two-story, three-bedroom home in the historic Cleveland Park neighborhood. The husband, who works in tech, “was
Fannie Mae released its 2017 Second Quarter Credit Supplement report when it reported its earnings Thursday, which showed home prices hit an all new high, surpassing the previous 2006 peak. Home prices increased 2.4% in the U.S. from the previous peak in the third quarter of 2006 to the second quarter of 2017. While prices
Create your very own swim-up bar in the backyard pool with this floating cooler – perfect for those dog days of summer when you just don’t feel like getting out of the water. Here’s how to make this buoyant bar. 1. Gather some rope, a plastic bin, and a pool noodle. 2. Cut the noodle into
Employment is set to increase in July, though slightly lower than last month’s increase, according to the ADP and Moody’s Analytics National Employment Report. ADP predicts employment will increase by 178,000 jobs in July, up from last month’s predicted 158,000 jobs, but down from the actual employment report’s 222,000 jobs. The chart below shows July’s prediction
The U.S. Department of Housing and Urban Development Secretary Ben Carson announced today the department will provide an additional $178.5 million to states hit by disasters in the past two years. The funds will support states in their recovery from severe flooding which occurred in 2015 and 2016. The grants will be provided by HUD’s
Home prices continued to increase in June 2017, even inflating some markets until they became overheated, according to the Home Price Index and HPI Forecast from CoreLogic, the property information and analytics provider. The report notes home prices increased 6.7% from June 2016 to June 2017 and increased 1.1% from the last month, the HPI showed. Click to
Home prices continued to increase in June 2017, even inflating some markets until they became overheated, according to the Home Price Index and HPI Forecast from CoreLogic, the property information and analytics provider. The report notes home prices increased 6.7% from June 2016 to June 2017 and increased 1.1% from the last month, the HPI showed. Click to
Clients at Auction.com have come to rely on Ali Haralson’s creative thinking and problem-solving abilities to help them navigate an evolving mortgage servicing industry. Her skills come from more than 20 years of experience in the industry, which includes founding a loan servicing company that she grew from four employees to a staff of more
Suzanne Zinn Mueller has been at realtor.com less than two years, but is already making a significant impact by deepening relationships and forging new ones in a business whose success relies on positive people-to-people interactions. Her restructuring of realtor.com’s industry relations field team along geographic lines has helped the company focus on engagement regionally, and