Long-term conditions in the U.S. housing market have made one thing clear to dv01 researchers: housing will never be affordable again. Processing Content This is the title of a report authored by Vadim Verkhoglyad, vice president and head of market intelligence and research at dv01, which is part of Fitch. The gap is substantial. The […]
Housing affordability ‘will never’ return, dv01 warns Read More »
Despite the elevated volatility risk heading into the weekend, mortgage rates are starting the week in exactly the same territory compared to Friday afternoon. As always, our rate tracking refers to top-tier 30-year fixed rates for the average lender. The absence of meaningful movement in the underlying bond market is a testament to an increasingly
Mortgage Rates Perfectly Unchanged to Start New Week Read More »
Three wildfire-relief bills, including one that would let homeowners pause mortgage payments after a disaster declaration, cleared their respective California committees this month and are headed to formal votes. Processing Content State Assemblymember John Harabedian, D-Pasadena, whose district includes some of the neighborhoods hardest hit by the early-2025 Los Angeles wildfires, led proposals for all
California bills would pause mortgage payments in disasters Read More »