As we get into the homebuying season, it’s time to look at some of the trends that began last year and are still defining 2018. The National Housing ...
Read More »Buyers are Bidding on Homes Before Seeing Them
An increasing number of homebuyers are making offers for homes without first seeing them in person, according to an analysis by online brokers Redfin. The study, which surveyed ...
Read More »Mortgage Apps on the Rise
Strong economic fundamentals and a growth in jobs were complemented by a rise in the number of people buying homes at the beginning of 2018 according to data ...
Read More »Homebuyers: It Pays to be Married
Eleven years - that’s the time it would take for a single homebuyer to purchase a home, according to an analysis by Zillow. On the other hand, a ...
Read More »Affordability an Issue for Most Millennial Homebuyers
hey dream of buying a forever home, but only some of these millennial first-time homebuyers are confident they can afford the down payment for the kind of home they would like to live in.
Read More »Mortgage Applications Start the Year Right
Mortgage loan applications rose 8.3 percent in the first week of January, reflecting an optimistic housing market.
Read More »Realtors Examine Impact of Tax Bill
A survey found that homebuyers are anxious to know the effects of the Tax Cuts and Jobs Act, which some say may put upward pressure on home prices and mortgage rates on account of higher after-tax income.
Read More »Shift Towards Investor, Refinance Loans Leads to Higher Credit Risk
A recent report indicates higher risk attributes for both purchase and refinance loans, although the risk levels remain similar to those in early 2000s.
Read More »Mortgage Applications Slip Further
Mortgage applications continued to backslide last week, though not as quickly as before, the Mortgage Bankers Association (MBA) reported. The group's Market Composite Index, a measure of loan application volumes, fell 1.0 percent on a seasonally adjusted basis for the week ending June 20. The decline brings application levels back down to their lowest in two months.
Read More »Refinance Activity Lifts Mortgage Apps in Latest Index
The Mortgage Bankers Association (MBA) released on Wednesday its Weekly Mortgage Applications Survey, reporting a 4.3 percent improvement in loan application volume for the week ending April 11. The headline index was boosted by a 7 percent gain in MBA’s measure of refinance applications, which has been weak over the past few weeks as rising mortgage rates drain the pool of remaining potential refinances.
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