Lenders have been troubled by the Home Mortgage Disclosure Act (HMDA) data points for many years, but they may see some relief in the near future.
Read More »Mortgage Rates Kick off 2016 Under 4 Percent
In a surprising twist of events, mortgage rates are kicking off the New Year under 4 percent, even after the Federal Reserve's decision to raise rates in December.
Read More »Consumer Sentiment Wraps 2015 on Positive Note
The year of 2015 was a year of prosperity and growth for the housing market, and in turn, consumers displayed their confidence with positive feelings toward their income, job security, and overall economic outlook.
Read More »Welcome to 2016: Here’s What Lenders Can Expect in the New Year
The new year is sure to bring about an array of changes for lenders. Some good, some bad, and some ugly. Read on to find out how lenders can put their best foot forward in 2016 and be prepared for what's to come.
Read More »Mortgage Applications Plummet over Holiday Break
Shortly after the Federal Reserve's decision to raise the federal funds rate in December 2015, mortgage applications started to fall. Is the Federal Reserve's rate hike to blame or was it really just a seasonal drop off?
Read More »Fed Minutes: Rate Hike a Close Call
The Federal Reserve's daring move to increase the federal funds rate just before the end of 2015 was no surprise to most, but what the mortgage industry did not know was that this initial move would only the beginning of a series of events..
Read More »Home Price Declines on the Horizon for Energy-Dependent States
While home prices have consistently been on the rise for quite some time, this upward trend could come to a screeching halt over the next two years—especially in energy-producing states.
Read More »Interest Rate Hike Outlook for 2016
Remember the interest rate hike that occurred last month? Wondering what's next? Mark Hamrick, Senior Economic Analyst at Bankrate provides some insight on what to expect from the Federal Reserve in the new year and why this is likely to not be the entity's last move.
Read More »Presidential Hopeful Bernie Sanders Talks “Too-Big-To-Fail”
Democratic presidential candidate Bernie Sanders said in a speech Tuesday that Wall Street's entire business model is "fraud," but he has a plan to completely end the "too big to fail" among big banks. But that's no the only thing he had to say about Wall Street, read on to find out more.
Read More »Will Existing Home Sales Shake Back from November Slump?
Existing home sales suffered a major blow in November of 2015, falling an unheard of percentage month-over-month, which some economists felt was just a temporary fallback for a huge comeback.
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