Lenders may find outsized demand for renovation loans in the nation’s smaller housing markets. Processing Content Residents in states like New Hampshire and Rhode Island applied for more remodeling and home improvement loans per capita in 2024 than those in California and Texas, according to a National Association of Home Builders analysis. The trade group, […]
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The housing supply gap expanded in the United States last year, driven by continued underbuilding, new industry data shows. Processing Content The gap hit an estimated 4.03 million homes, an increase from 3.8 million in 2024, according to the 2026 Housing Supply Gap Report from Realtor.com. This marked the third-largest annual deficit since 2012, behind
Underbuilding expands housing supply gap to 4 million Read More »
Early-year data shows a noticeable slowdown in government-backed reverse mortgage endorsement volume, and the rise of proprietary products may be playing a role. Processing Content Endorsements of Federal Housing Administration-backed Home Equity Conversion Mortgages dropped 20.7% between January and February to 1,821 transactions, according to the latest data from Reverse Market Insight. January’s total had
HECM lenders see subdued numbers to start the year Read More »