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Credit Scores Count in a High Rate Environment

A report analyzing the annual percentage rates for borrowers found that APRs had risen to their highest in the year in September. Here’s why borrower credit scores are likely to play an important role while looking for the best mortgage rates.

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Glen Messina Takes Over as Ocwen CEO

Ad spend

Ocwen Financial, which completed its acquisition of PHH Mortgage on Thursday also announced that Glen Messina would be taking over as the President and CEO of Ocwen. What are the synergies that this merged entity brings?

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The Top Cities for Millennials to Buy a Home

As more millennials look at entering the housing market, a new quarterly report looked at which cities are the most affordable on the pocket of young American homebuyers, while providing plenty of job opportunities. Here’s what it found.

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The Effect of Slow Home Appreciation

Home values

With both, mortgage rates and home prices rising steadily, a new report points at the impact of these factors on affordability for first-time homebuyers as well homeowners looking to trade up. Here’s what it found.

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Addressing the Question of Home Affordability

houses

While home ownership has rebounded to post-2008 highs, communities around the country are challenged by affordability as home prices continue to move north. What can be done to help increase home ownership in such circumstances?

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Reverse Mortgage Rules Receive an Update

Lender

The Federal Housing Administration recently announced that it will begin requiring lenders originating new reverse mortgages, to provide a second property appraisal under certain circumstances. Find out what circumstances call for a second appraisal.

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