Daily Dose

The mortgage industry has made huge strides in terms of technological advances, offering homebuyers the opportunity to search for, tour, and make offers on homes all from digital platforms.

Median home prices are on an upward climb and inventory is remains low, but buyers are more determined that ever to unleash pent-up demand and purchase homes in these markets.

Newfound optimism in the housing market from both lenders and borrowers is causing mortgage-related complaints to subside as customer satisfaction improves and financial institutions alter the way they do business.

Housing markets in the U.S. remain stable due to employment and current mortgage payments as 2016 moves forward, according to Freddie Mac.

As overall first-lien mortgage performance improves with more borrowers maintaining their monthly payments, the need for other loss mitigation actions is dissipating.

The homebuying process still troubles many borrowers of all demographics due to the complexity associated with the mortgage application process.

A question on the minds of many older Americans trying to find balance between their housing needs and financial situations as they prepare to retire is the decision to rent or own a home.

Since the highly anticipated rate hike last year, mortgage interest rates have not moved up as many in the mortgage industry expected, leaving many to wonder what happened to to the so-called increase in rates.

Existing-home sales have suffered in recent months due to the continuous imbalance of extremely low inventory levels and rapid home price appreciation, and industry experts believe that this trend will not end anytime soon.

David M. Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices noted that financing a home continues to be a hurdle for first-time homebuyers as low inventories and short supply cause home prices to rise.