With household income lagging and home prices continuing their upward climb, fewer buyers are able to afford a home in today's housing market
Read More »CalyxSoftware Enhances Its Product and Pricing Engine
CalyxSoftware recently announced that it has developed separate versions of its Pricer Product and Pricing Engine for portfolio lenders with their own rate sheets (Custom Pricer) and originators looking for investor pricing supplied by Calyx (Investor Pricer).
Read More »The Week Ahead: Measuring Growth in the Housing Market
In the spirit of slow growth—as predicted by economists—there are several industry reports coming this week to see if they were indeed spot-on with their expectations for 2016. So will the slow growth housing market continue?
Read More »Millennial Household Formations Missing in the Housing Market
Research has shown that many millennials choose to live with their parents instead of establishing their own household. Is student debt and unemployment keeping them from buying a home?
Read More »Affordability Still Holds Minorities Back from Homeownership
Since the housing crisis, minority borrowers have had trouble getting a mortgage loan or been completely locked out of the housing market due to affordability problems. Now, eight years into the recovery, minorities are still a disproportionate part of the housing economy.
Read More »Top 10 Worst Cities for Investors to Purchase a Home
Housing markets across the nation have seen some major growth in home prices and sales over the last two years, but there are some markets are still lagging behind.
Read More »A Credit Situation: Gender Affects Ability to Obtain a Mortgage Loan
A borrower's credit score could be adversely affected by gender, according to a recent study. Typically, men have an average credit score of 630 out of 850, while women have an average score of 621 but the factors behind these scores is where the story gets interesting....
Read More »LoanDepot’s imortgage Welcomes Two Senior Production Executives
National nonbank lender and division of loanDepot, imortgage, recently announced the appointment of two senior production executives, Mary Bane and Jim Weir.
Read More »Mortgage Rates Expected to Sink Further if Economic Conditions Persist
Mortgage interest rates have declined every week since the start of the year, and Freddie Mac believes this could continue until Treasury yields return to normal levels. Freddie ...
Read More »Fed Chair Yellen Testimony Raises Concern About a Negative Interest Rate Environment
As Federal Reserve Chair Janet Yellen wrapped up her semiannual monetary policy report testimony in front of the House Financial Services Committee Wednesday morning, Congress questioned her about possibly implementing a ...
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