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.
Read More »Mortgage Lenders Prepare for the HELOC Wave
Banks across the U.S. are making a valiant marketing effort to encourage homeowners to take cash out on their homes, an unusual move not seen since the housing bust.
Read More »Which States Offer the Best Credit Scores?
A good credit score is necessary for many of life's necessities, especially for obtaining a mortgage loan. So where can lenders find borrowers with the best and worst credit scores in the U.S.?
Read More »The Ultimate Comeback—Pending Home Sales Exceed Expectations
Despite the rough start to the year, pending home sales recently rose to their highest level in seven months and are still higher than a year ago.
Read More »Mortgage Originator Profitability on Shaky Ground
Although interest rates have been at historical lows, they are significantly up from 2012 lows. Not only has this caused many eligible refinancers to shy away from the market, but originators' profits are also suffering.
Read More »Are Home Builders Locking Out First-time Buyers?
Home builders' focus in recent years has continually been on expensive properties, which could be placing a damper on the homebuying process for first-time shoppers.
Read More »The New Homebuying Age: Technology Shapes Purchasing Decisions
A Chase mortgage survey found that homeowners are struggling with a fear of missing out on other opportunities and are beginning to search for homes on digital platforms.
Read More »New Home Sales Continue Slow Uphill Climb
What is driving the increase in new residential home sales while existing-home sales are disappointing?
Read More »What’s Holding Back Millennials From Homeownership?
The millennial generation has been dubbed the generation that is not interested in purchasing a home, whether it be due to renting, living with their parents, or because they are saddled with student loan debt.
Read More »Deciphering TRID Through Communication
Customer satisfaction regarding TRID has risen among borrowers—coinciding extremely closely to the rise in the number of borrowers who reported they’d been contacted (as per TRID guidelines) by their lenders before closing.
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