The national median monthly mortgage payment for homebuyers rose 67% faster than rents during the same period, according to a new report from Redfin. This is despite mortgage interest rates falling back to near-record lows.
This is the seventh consecutive month that growth in median mortgage payments for new homebuyers have outpaced that of rents. However, in August, growth in rents were speeding up while growth in mortgage payments were slowing.
Mortgage payments for
Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies
This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
Let’s get real for a moment. When that email from an AMC hits your inbox, asking for your best fee and quickest turnaround, do you
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).
