J.P. Morgan Chase reports that student debt has doubled in the past 10 years to $1.5 trillion in 2018—second only to mortgage debt—and impacts 45 million borrowers. “Although ...
Read More »Overcoming Down Payment Barriers
While saving for a downpayment may seem to be the biggest deterrent for buyers looking to purchase a home in a big metro, a new study sheds light on how this challenge can be met.
Read More »Variety is Key When Shopping for a Mortgage
Fannie Mae’s National Housing Survey revealed that more than one-third of homebuyers last year said they did not shop around before choosing their mortgage lender. “The choice to ...
Read More »The Week Ahead: Surveying the Market Landscape
The National Association of Home Builders (NAHB) will release its latest NAHB/Wells Fargo Housing Marketing Index on Thursday, August 15. July’s survey reported that shortages in labor and ...
Read More »House Committee Briefed on FHA Distressed Assets Program
Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee, said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization ...
Read More »Why Housing Remains a Challenge for Californians
Housing relief could still be a long way in the Golden State, where affordability and the demand-supply gap are making homebuyers and builders rethink their strategy.
Read More »Low Mortgage Rates Luring Investors into Housing Market
Although declining mortgage rates haven’t sparked the housing market, it has sparked interest in investors, as they are purchasing homes at a record pace, according to analysis from ...
Read More »Where to Find the Cheapest Mortgages in the Nation
Could where you live cost you more money? Howmuch.net listed the best, and worst states, to get a mortgage and found West Virginia to have the lowest monthly ...
Read More »The Benefits of a VA Loan
Michael Oursler, Chief Credit Officer for NewDay USA, hosted a webinar and discussed the benefits and complexities of utilizing VA loans. NewDay USA specializes in loan origination for ...
Read More »Eye on the Industry: Updates on Black Knight, Home Point, and More …
From team expansions and tech innovation to catching the financial pulse of mortgage companies, click through to learn the latest industry news in this update.
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