Income needed to afford a typical mortgage payment up 34% annually

Reading Time: 2 minutesU.S. homebuyers need to earn $76,414 per year to afford a typical monthly mortgage payment today — u… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in

Single-family rent gains continue record streak

Reading Time: < 1 minuteSingle-family rent prices nationwide continued to rise sharply in February, posting a 13.1% year-ove… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in

Realtor.com: Home prices starting to fall in some markets

Reading Time: 2 minutesThe upward march of U.S. home prices during the COVID-19 era has seemed to be virtually unstoppable,… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in

Notable mortgage industry hires and promotions, April 18-22

Reading Time: 2 minutesFlagstar Bank named Jim Linnane as president of Flagstar’s distributed retail mortgage division… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in

Existing-home sales fall for second straight month in March

Reading Time: 2 minutesU.S. existing-home sales dropped 2.7% monthly and 4.5% annually in March to a seasonally adjusted an… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in

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