When it comes to housing affordability, sometimes sitting on the sidelines can benefit prospective buyers, as First American Deputy Chief Economist Odeta Kushi explains.
Read More »The Life of a Mortgage: How Much Can Smart Shoppers Save?
A new study from LendingTree examines how much borrowers can save over the lifetime of their mortgage loan if they diligently rate shop to land the lowest possible APR.
Read More »Solving the Puzzle of Homeownership
Shifting workforce patterns and the continuing prevalence of the gig economy have some lenders revisiting non-QM. Here’s what they told MReport about its place in the modern lending landscape.
Read More »Cause and Effect: Budgets Flatten as Rates Rise
Wages are up, but homebuyer budgets have remained flat over the past three months, meaning the market is seeing its slowest growth rate in two years. This information ...
Read More »Deephaven Names Paul Howarth Regional VP of Wholesale Sales
With more than 15 years of industry experience, non-QM/non-agency lender adds new Regional VP responsible for growing Deephaven’s Wholesale team in the western U.S.
Read More »Mortgage Credit Supply Slides for Third Straight Month
As lending standards continue to tighten, mortgage credit supply fell to its lowest level since last July, according to the Mortgage Bankers Association.
Read More »Mortgage Rates on the Rise, But Relief on the Horizon
Freddie Mac reports that a decline in purchase activity, combined with increased inventory, will slow home price growth nationwide and give way to much-needed relief for prospective buyers.
Read More »Mortgage Lending Plummets Nationwide in Q1
ATTOM released its Q1 2022 U.S. Residential Property Mortgage Origination Report, with data showing that 2.71 million mortgages secured by residential property were originated in Q1 of 2022 ...
Read More »Mortgage Application Volume Falls to 22-Year Low
The MBA reports overall mortgage app volume slid 6.5% week-over-week, with buyers continuing to be shunned by a combo of high rates and prices, amid slowly rising inventory.
Read More »New Home Purchase Apps Drop Nearly 11% in April
As builders continued to face rising costs, supply-chain issues, and extended completion times, the buying market has cooled amid high mortgage rates and lingering affordability concerns.
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