[Chart] FHA mortgage insurance boom in the works?

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks
Lending / The Ticker

The growing reason people move

Hint: It's not family or friends

Spring House
/ Print / Reprints /
| Share More
/ Text Size+

Family, a job and friends have always been a reason to relocate, but one reason is starting to take up a larger portion of the pie: housing affordability. Per The NewYork Times

Rising rents and the inabiilty to secure a mortgage has started to push people inland, the article explained. 

But of those who moved more than 500 miles, the share who said they were chiefly motivated by housing has risen to 18 percent in 2014, from 8 percent in 2007, the earliest year such data is available, according to the Census Bureau. The desire for a new, better or cheaper home and the opportunity to buy instead of rent were among the housing-related reasons people cited.

Source: NYT
Read full story

Recent Articles by Brena Swanson

Comments powered by Disqus