Onyx Capital Lending

06/16/2026

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Most Americans can’t imagine life without a monthly mortgage or rent payment.

But that was exactly the dream Andy Hill, 44, had in mind when shopping with his wife Nicole, 44, for their next family home.

His story proves that buying a home can usually be achieved by two, important factors: timing and savings.

06/15/2026

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At this week's average rate of 6.52%, a homebuyer putting 20% down on a $429,500 home would pay roughly $2,176 a month in principal and interest, saving $73 a month compared to rates a year ago and more than $106,000 over the life of the loan compared to the 2023 peak.

06/13/2026

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Homebuilder Lennar cut its full-year delivery target to 82,000 to 83,000 homes, down from 85,000, after second-quarter revenue fell to $7.94 billion as high mortgage rates, low affordability, and geopolitical uncertainty continued to weigh on the housing market.

06/13/2026

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Alexa Hansen, a 38-year-old associate director, wife and mother reveals what led her family to quit their rental apartment in West Hollywood and relocate to a new home on the other side of the country—despite the fact that both she and her husband had thriving careers in Los Angeles.

06/10/2026

You can visit our website and you may call me, to have a FREE consultation ...
Richard (Onyx) Morency
Senior Loan Officer
NMLS # 1987012
P: (401) 329 9904
F: 1-800-689-7065
E: [email protected]

06/09/2026

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Home sales picked up in May, reaching their highest level since December as more buyers came off the sidelines. First-time buyers were a big part of that story, accounting for 35% of all purchases, the highest share in nearly six years.

06/08/2026

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America was short 2.5 million homes when World War II ended, and the national response, including the GI Bill, federal mortgage guarantees, and the mass-production methods of Levittown, fueled the largest homeownership expansion in U.S. history. Today, with the country still short 4 million homes and the typical first-time buyer now 40 years old, that moment offers four lessons worth revisiting: housing is an economic imperative, financing must be paired with supply, building innovation drives affordability, and any real solution must include the households the postwar boom left behind.

06/05/2026

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With mortgage rates stuck above 6% and unlikely to fall soon, housing experts say buyers who can afford to act should do so now, while sellers are still willing to negotiate, before rate drops trigger more competition.

06/04/2026

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Nationally, affordable metros have dropped 40% over the past decade, from 354 in 2014 to 212 in 2025, according to real estate analytics firm Cotality. Ultra-affordable markets nearly disappeared, with only four remaining in 2025, down from 41.

Ten metros now stand out for the lowest total housing costs, including mortgage, taxes, insurance, and PMI:

1. Johnstown, PA
2. Weirton, WV
3. Gadsden, AL
4. Wheeling, WV
5. Decatur, IL
6. Bay City, MI
7. Enid, OK
8. Altoona, PA
9. Springfield, IL
10. Beckley, WV