Click through to learn about lenders’ sentiments on the loosening of most CFPB regulations, that also include rules on Ability to Pay and Qualified Mortgages.
Read More »How Will Rising Mortgage Rates Impact Homebuyers’ Wallets?
Mortgage rates have climbed steadily since March and this week they rose to their highest since August 2013. Experts weigh in on the impact of these hikes on home purchases.
Read More »CFPB Amends “Know Before You Owe” Rule
The amendment comes after lenders asked for clarity from the bureau on when creditors could pass on increased costs to consumers.
Read More »10 Cities With The Highest Mortgage Denial Rates
Credit history and debt are the biggest barriers for borrowers to getting mortgage according to a study. But which city had the most mortgage denial rates? Hint: It’s difficult to get a sweet home here.
Read More »Sen. Brown: “Mr. Mulvaney Should Resign”
Reacting to the CFPB Acting Director’s recent ‘Pay to Play’ comments at an industry event, the Ohio Senator and top Banking Committee Democrat called for Mulvaney to step down.
Read More »Mortgage Apps Feel the Rate Hike Heat
Mortgage loan applications declined as last week’s increase in mortgage rates began to take effect. Here’s how the mortgage app indices performed.
Read More »How Will Insurance Rate Reductions Impact Mortgage Affordability?
A new study looked at how cuts in insurance premium by private companies could affect the affordability of mortgage payments, especially for FHA loan borrowers. Click through to read the findings.
Read More »Demand is Rising, But Where are The Houses?
Even though an increasing number of buyers toured homes, fewer homes were listed on the market in March, a study found.
Read More »New Home Sales Indicate an Encouraging Trend
New home sales jumped to their highest since November 2017 as buyer demand fueled sales. Experts weigh in on the factors that made these numbers possible.
Read More »What’s Restricting Home Affordability?
A new report points to two dynamics that are increasing competition in a rapidly rising home price environment. Here’s how they’re also affecting home affordability.
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