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topStories Saturday, March 04, 2017
     
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Homeowners Get in Front of Rising Rates at Year-End
Homeowners seized the opportunity to refinance their mortgages at the end of 2016, locking in interest rates on the uncertainty whether they would rise higher in the new year. According to ATTOM Data Solutions' Q4 2016 U.S. Residential Property Loan Origination Report, 883,836 refinances totaling $246 billion were originated in the fourth quarter of 2016, a 20 percent increase—and 27 percent increase in dollar volume—from the previous year. Purchase originations moved opposite: 595,000 totaling $161 billion, a 12 percent decrease from the previous year. "Refinance originations continued to post strong numbers compared to a year ago in the fourth quarter, even as purchase ...
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The 3 Tiers of Wealthy Homebuyers
Luxury is luxury at any level—right? Not when it comes to home-buying, according to a recent report by Luxury Portfolio International®, the luxury face of Leading Real Estate... READ MORE >
Spring Outlook: How Inflation Could Impact Housing
Indicators from all sides affect the housing market. Increasing inflation, in fact, can drive up mortgage rates—but at what pace will it prove harmful? A recent Outlook from Freddie Mac... READ MORE >
CFPB Explores Alternative Routes for ‘Credit Invisibles‘
Twenty-six million Americans are "credit invisible," or lacking enough credit history to generate a credit score—a factor most lenders use to evaluate loan applications.... READ MORE >
Priced Out: Gender Pay Gap Spills over to Housing
Single homebuyers have a tougher time than most affording a house—and a new report shows single women have it harder than single men. A joint report by PropertyShark... READ MORE >

Homespun
Resort Towns Seek a Lift from Airbnb Taxes
By Hugo Martin
(TNS)—In search of some extra cash, Jim and Janet Dooley started renting out a spare bedroom in their Big Bear home to skiers and other outdoor enthusiasts. "This has brought us a couple of hundred dollars a week," says Janet Dooley, who listed the room about two years ago on the online booking platform Airbnb.
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