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 »First Mortgage Debt on the Rise, but HELOC Balances Subside
New debt created by first-time homebuyers transitioning into homeownership and existing homeowners that are upgrading to larger homes growing a rapid pace, meanwhile, home equity loan balances have cooled off thanks to borrowers paying off debts.
Read More »Greater Opportunities on the Horizon for Single-Family Rental Investors
The greater demand for single-family rental housing has resulted in an increase in the price of rents, which means greater opportunities for investors looking to either enter or expand in the single-family rental market.
Read More »Credit Plus Tests Trended Credit Data to Meet Fannie Mae Requirements
Credit Plus, a provider of insight for mortgage professionals, recently announced that it is currently testing trended credit data within its platform to meet Fannie Mae requirements and expects the availability of trended credit data reports beginning April 1, 2016.
Read More »Top 10 Trendy, Affordable Housing Markets
There is a new type of housing market emerging in the U.S., that fits the cultural, hipster needs of today's young homeowners. See which markets Realtor.com says are perfect for New Age homebuyers.
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 »What the Mortgage Industry Needs to Know About Housing This Year
Between regulations, potential rate hikes, and the upcoming election, the mortgage industry will have plenty to focus on throughout the year. Dr. Umit Gurun, a Professor of Accounting and Finance at the Naveen Jindal School of Management at University of Texas at Dallas, provides MReport with insight on what the housing market picture may look like for the rest of the year.
Read More »Mortgage Rates Rise as Turbulent Financial Markets Settle Down
After two months of consecutive declines in mortgage interest rates Freddie Mac reported that they have finally moved upward amidst subsiding financial market turbulence.
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.
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