The real savings that many potential buyers expected from record-low interest rates were quickly outstripped by the pandemic-fueled housing demand and price increases that followed a temporary market shutdown.
Although home price gains are expected to slow in 2022 and average a little less than 10% growth for the year, the recent rapid acceleration in prices has led to overvaluations in some markets, therefore pushing up the risk of price decline in the year ahead.
In the final episode of this season, we’re going to talk about how technology like artificial intelligence, machine learning and more are paving the way for the future of mortgage underwriting—and can move the needle meaningfully in closing the Affordable Lending Gap.
Between greater financial literacy education and awareness and existing down payment assistance programs, there are many solutions today to restore trust in the U.S. homeownership system and identify new opportunities to create responsible yet affordable mortgage financing.
Hi! I’m Pete Carroll, executive of public policy at CoreLogic and today, I’m going to talk about what’s impeding access to affordable and responsible mortgage loans.
There is a long, well-documented history of housing discrimination in the U.S., particularly as it pertains to U.S. Housing Policy.