According to a new report, Gen Z moved at rates far above national averages in 2023.
Read More »Empowering Industry Professionals
Joe Camerieri and Jim Rosen from Mortgage Cadence discuss how deploying tools like AI chatbots will never replace the human touch, yet enhance the knowledge base of mortgage professionals.
Read More »2023’s Resilient Economy Expected to Slow Next Year
“Last week’s comments by Chairman Powell, as well as the Federal Reserve’s updated Summary of Economic Projections, suggest increased Fed confidence that a soft landing has been achieved and inflation is headed sustainably to 2%,” said Doug Duncan, Fannie Mae’s SVP and Chief Economist.
Read More »Dip in Rates Sparks Builder Confidence
Home builders reversed a four-month downward trend in December, as a reduction in mortgage rates and strong economic data have spurred housing production nationwide.
Read More »HUD Reports the Nation’s Homeless Population on the Rise
New data from the Department reveals that more than 650,000 people experienced homelessness on a single night in January 2023, a 12% increase over 2022.
Read More »The Impact of Inventory, Rates, and Down Payments on the American Dream
The average down payment now takes nearly 7.5 years to save up, and the effect that stat is having on the market is adding to the number of cost-burdened Americans nationwide.
Read More »Fostering the Future of Fintech
Dark Matter’s Blake Gibson breaks down the latest tech trends in the mortgage marketplace, and how these enhancements will provide quick and accurate information to both ends of the transaction.
Read More »Racial Lending Disparities at Nation’s Largest Credit Union?
A CNN analysis of CFPB lending data reveals that Navy Federal Credit Union has been denying people of color home mortgages at rates much higher than seen elsewhere.
Read More »The Evolving Digital Frontier
Aneeza Haleem of Planet Home Lending details how mortgage tech advancements in 2024 will be transformative, offering tips on how to stay on top of these pioneering advancements.
Read More »Down Payment Assistance Under the Microscope
Miki Adams, President of CBC Mortgage Agency, discusses how the performance on FHA-insured loans is impacted when down payment assistance is utilized.
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