With low housing inventory and rising home prices, which city had most homebuyers putting more money down, have high credit scores, and start loan shopping before home shopping? Spoiler Alert: California cities take the top spots.
Read More »Homeowners Might Not be Ready to Sell Just Yet
Low inventory is expected to be the biggest market driver in 2018 as price growth remains strong and homeowners refrain from selling.
Read More »Checks and Balances: Ensuring Gender Equality in Lending
Women borrowers still face unique challenges when taking a loan. Learn how lenders can combat unintentional discrimination.
Read More »Real Estate Said Goodbye to 2017 With Record Prices
Record home prices, quick sales and low inventory marked a good year for the housing market even though it ended with a slight drop in sales according to a report.
Read More »Chicago Town Hall Tackles Diversity With Mortgage & LGBT Leaders
In spite of many advances made, LGBT individuals continue to face discrimination in many sectors of modern life, and that includes the worlds of finance and housing. LGBT ...
Read More »Bank of America Posts Solid Results for Q4 2017
The bank’s pretax earnings for the year rose 17 percent as it gained market share across its businesses, but lower mortgage banking income and impact of the Tax Act decreased its noninterest income.
Read More »Rising Housing Demand Leads to Increase in Mortgage Applications
Mortgage applications grew on the basis of a strong economy and an upsurge in post holiday demand in the housing market.
Read More »Powell and Montgomery Noms Back on Track for Full Senate Vote
The Senate Committee on Banking, Housing, and Urban Affairs today met to revisit the nominations of Jerome Powell as Chairman of the Board of Governors of the Federal Reserve ...
Read More »Affordability Gap Leads to Rise of Alternative Housing
From granny flats to manufactured or modular homes to mobile home communities, buyers are looking at economically desirable alternatives as the cost of buying a home rises.
Read More »Getting a Mortgage Got Easier in Q3 2017
Higher interest rates and lower refinancing volumes made it easier for homebuyers to borrow in Q3 2017 according to a report.
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