Total refinance volume between Fannie Mae and Freddie Mac increased in April due to falling mortgage rates, according to the Federal Housing Finance Agency (FHFA).
Read More »Western Region Goes Against Homeowner, Appraiser Trend
Western homeowners went against the nationwide trend of homeowners overvaluing their homes. Instead, their estimates came in much lower than appraised values
Read More »Lender Sentiment Leans Toward Purchase Mortgages
Mortgage lenders reported demand growth for GSE eligible purchase mortgages over the past three months rebounded significantly in the second quarter this year.
Read More »Investors: 10 States With the Best Economies
WalletHub identified that states that embody these conditions, finding that Utah, Washington, and California, by far, have the best economies.
Read More »Overcoming Title & Closing Regulatory Challenges
Steven J. Melmet, Esq., CEO of Vendor Connect, LLC, sat down with MReport to explain how title companies are wading through the heavily-regulated environment without running into trouble.
Read More »Is Student Debt Holding Back Homeownership?
A recent survey from the National Association of Realtors and SALT found that 71 percent of non-homeowners repaying their student loans on time believe their debt is preventing them from purchasing a home.
Read More »8 Pitfalls to the FHFA’s URLA Changes
Several trade groups and organizations focused on the banking and mortgage industries recently wrote a letter to FHFA Director Mel Watt, concerning a potential last-minute addition to the new Uniform Residential Loan Application.
Read More »The Week Ahead: Is the Fed Between a Rock and a Hard Place?
Although the Federal Open Market Committee (FOMC) did not raise the federal funds rate at the April meeting, even with further improvement observed in the housing sector, there has been ongoing speculation about if the Fed would make a move this month.
Read More »3 Things to Know About the Home Building Dilemma
Dr. Issi Romem, Chief Economist at BuildZoom, sat down with MReport to dive deeper into the home building sector and provide some insight on what to expect for the rest of the year.
Read More »Low Rates Bring in the Mortgage Applications
Mortgage rates moved lower this week after a dismal jobs report, sparking buyers to rush to the market and take out a mortgage loan.
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