PYMNTS-MonitorEdge-May-2024

Homebuyers

Homebuyers Getting Older as Younger Consumers Barred From Housing Market
Homebuyers Getting Older as Younger Consumers Barred From Housing Market
November 04, 2024  |  Real Estate

The typical American homebuyer is older than ever before, National Association of Realtors data shows.  The association’s 2024 Profile of Home Buyers and Sellers —...

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CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
April 05, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is monitoring the increasing payment of “discount points” by homebuyers and the potential risk this may pose to consumers....

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CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
CFPB Penalizes Freedom Mortgage for Incentives to Real Estate Brokers
August 17, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has taken action against Freedom Mortgage Corp. for engaging in illegal activities related to mortgage loan referrals. The CFPB...

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Homebuilders Confident in Demand but Worried About Banking Crisis
Homebuilders Confident in Demand but Worried About Banking Crisis
March 15, 2023  |  Market Conditions

Despite high construction costs and interest rates, U.S. homebuilders are confident in their industry. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market...

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How ‘Self-Touring’ And Digital Lockboxes Can Change Real Estate Rentals
How ‘Self-Touring’ And Digital Lockboxes Can Change Real Estate Rentals
June 26, 2020  |  Real Estate

The pandemic has the potential to change the way any number of business verticals operate — especially industries like real estate, which typically have been...

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HomeLight CEO: Using Tech To Transform Real Estate Sales In The Age Of Social Distancing
HomeLight CEO: Using Tech To Transform Real Estate Sales In The Age Of Social Distancing
May 11, 2020  |  Real Estate

In the best of the times, homebuying is a fraught process – stressful, time-consuming and marked by friction across several steps of a months-long process. There’s...

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Rising Interest Rates, Housing Prices Keep Millennials Renting
Rising Interest Rates, Housing Prices Keep Millennials Renting
January 14, 2019  |  Real Estate

Millennials are being shut out of the real estate market as rising home prices and interest rates are pushing homeownership out of the reach of...

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Wall Street Investors Place Their Bets On Millennials
Wall Street Investors Place Their Bets On Millennials
April 24, 2018  |  Consumer Finance

When it comes to stock market picks, Wall Street investors are placing their bets on the buying power of the millennial generation. According to Reuters,...

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Student Loan Defaults Hurt Homeownership
Student Loan Defaults Hurt Homeownership
June 01, 2017  |  Loans

Student loan debt is still hurting a slew of Americans,  with the Federal Reserve Bank of New York saying Wednesday (May 31) that defaults are...

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