After holding steady, mortgage rates rose last week, impacting mortgage loan applications. Here’s how the apps performed during the week.
Read More »National Mortgage Servicing Association Seeks Clarity on TCPA Regs
With a recent D.C. appeals court ruling providing some guidance on regulations related to the Telephone Consumer Protection Act, the National Mortgage Servicing Association is now asking the FCC to provide further clarity regarding auto dialers and how consumers grant consent to be contacted.
Read More »Will HELOCs Suffer After the Fed Rate Hike?
Experts weigh in on what the interest rate hike by the Fed on Wednesday means for the mortgage industry, especially HELOCs, which are likely to get impacted. Click through to learn what they had to say.
Read More »Appraisal Values vs. Homeowner Perceptions
A recent report found that the gap between homeowner perceptions of their home’s value and appraisal values was less than half a percent. Here are the factors that are bridging the value perception gap.
Read More »The Plight of Vacation Home Values
While the rest of the housing market cruises along, vacation home markets are still trying to get back to the values they had before the crash, according to a report. What’s keeping this market from booming?
Read More »Consumers Increasingly Uncertain Over Home Prices
Even as access to credit gets easier, homebuyers and owners remain uncertain over the trend of growing home prices, according to a report by the New York Fed. What other indicators have consumers worried?
Read More »First-time Homebuyers Remain Unfazed by Rising Rates
An industry survey reveals that while first-time homebuyers will persevere through interest rate hikes this year, another factor would prove a bigger headwind for them. What will impact the best laid plans of first-time buyers?
Read More »Lenders Remain Bearish on Profit Margins
Tight inventory and rising home prices are impacting not only mortgage demand, but also lenders' outlook on profit margins, according to a Fannie Mae survey. Here are the factors that are making lenders see red.
Read More »Banking Committee Votes Aye on Clarida Nom
The nominations of Richard Clarida for Vice-Chairman of the Fed and Michelle Bowman for Member of the Board of Governors of the Fed is now headed for a Senate vote. Click through for the details.
Read More »Which Cities Have the Most Non-Owner-Occupied Houses?
New and existing homes aren’t the only properties enticing U.S. buyers these days. Vacation, investment, and second homes are raking in dollars as well, a new study reveals. Certain areas of the country, however, are more sought-after than others.
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