For years, interest rates have been settled at historic lows, which have opened up opportunities for homeowners to refinance their home. The problem is homeowners are not taking advantage of these untouched savings.
Read More »Minorities Expected to Close Homeownership Gaps by 2045
Future U.S. households will be more diverse, with Hispanics, Asians, African-Americans, and other minorities set to bolster up homeownership numbers in the coming decades.
Read More »First Time Homebuyers Face Slow Home Price Appreciation
As home prices increase at a much slower pace than they have been over the last few years, potential homebuyers may have found their opportunity to enter the housing market as homes become more affordable.
Read More »The Week Ahead: Will Higher Rates Discourage Mortgage Applicants?
Mortgage interest rates have continued to decline to historical lows and have not motivated buyers to apply for a mortgage loan, but for the first time in two months, mortgage interest rates have moved up. Will this drive potential homebuyers further away from the housing market?
Read More »FHFA Continues Outreach Efforts to HARP-Eligible Homeowners
The agency noted it wanted to reach out to homeowners who had other factors that could compensate for their low credit scores for a possible mortgage refinance.
Read More »5 Ways Mortgage Service Providers are Changing the Way they do Business
Nationwide Title Clearing CEO, John Hillman, discusses with MReport how research and document service providers and third-party providers are adjusting their business practices to meet the needs of mortgage companies.
Read More »Profit Margins Weighing Heavy on Lenders’ Minds
Slow household formation, mortgage demand, and compliance costs associated with new regulatory requirements are impacting lenders' business operations and profitability in the housing market.
Read More »Credit Unions Reel in Over $1 Trillion in Assets for Q4
Credit unions performed extremely well in the fourth quarter of 2015, with the highest share growth since 2009, strongest loan growth in 10 years, and the highest rate of member growth in 30 years.
Read More »How are Originators Handling the Qualified Mortgage Rule?
Several mortgage lenders and technology providers reveal to MReport just how they are faring with the QM rule and if it is affecting their business operations.
Read More »Mortgage Applicants Not Motivated by Low Rates
Mortgage interest rates continue to decline to historical lows, but this phenomenon is not motivating homebuyers to purchase a home.
Read More »