Americans 55 and older remain a major piece of the U.S. housing market and will continue to be for a long time, because they aren’t playing by conventional logic.
Read More »Brexit Brings Upswing In Mortgage Originations
The effects of last month’s Brexit vote are starting to take hold in the U.S. mortgage market, where cautious (but definitive) optimism has sparked the refinancing sector.
Read More »Lagging Permit Numbers Keeping Inventory Down
Housing starts were down slightly and building permits were down substantially over-the-year as demand continues to outpace supply by double-digit percentages.
Read More »Voters Believe Housing in America Needs Serious Fixing
Voters are widely dissatisfied with access to housing and mortgages and they believe the system is rigged against those who can't borrow money, according to a recent survey.
Read More »Mortgage Rates Steady After Rollercoaster Ride
After a short ride on the rollercoaster triggered by June’s Brexit vote, mortgage rates have steadied and applications are up.
Read More »Refinancing Volumes May Be Slower Than Hoped
While U.S. economists debate how a set of troubles playing out overseas will affect the American mortgage market, Kroll Bond Rating Agency predicts that these troubles will probably not bring the refinancing volume some might think.
Read More »Foreign Troubles Create Robust Buyers’ Market In U.S.
Recent international market blockbusters like China’s slowing economy and the U.K.’s decision to leave the European Union were significant enough for Freddie Mac to revise what it had expected to happen in the U.S. economy.
Read More »Will Increased Earnings Mean Good News for Housing?
The New York Fed showed that consumers’ earnings and income growth expectations rebounded while medium-term inflation expectations rose in June. What could this potentially mean for housing?
Read More »Lower-Wage Earners Spend Larger Share on Mortgages
Low mortgage rates may be enticing new homebuyers, but according to one report, not everyone is able to easily keep up with their payments.
Read More »Proposed Rule Would Close Privacy Disclosure Loophole
The exemption that allows some financial institutions to skip sending annual privacy notices to consumers could soon be history, if the Consumer Financial Protection Bureau gets its way.
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