Daily Dose

With a segment of home buyers still on the outside looking in, Richard Ferguson of CBC Mortgage Agency discusses downpayment assistance programs, and how this option can benefit buyers in today’s market.

Despite a four-month low reported in mortgage rates, overall application volume rose just 0.2% week-over-week, with a decline in purchase activity offset by an increase in refis.

Dave Robertson of Guild Mortgage discusses hiring, retention, and how mortgage companies must work to set themselves apart in order to attract the talent they need.

“Credit availability fell last month to the lowest level since May 2013, as lenders streamlined their loan offerings in this declining volume environment,” said Joel Kan, MBA’s Associate VP of Economic and Industry Forecasting.

The Chairman of the House Financial Services Committee encourages federal regulators to carefully consider public comments and purposed changes to the Community Reinvestment Act in an open letter.

Realtor.com reports that the inventory of for-sale homes increased across the 50 largest metros by 41% in July.

Paul Gigliotti of Pinnacle Home Loans and Axis Lending Academy tells MReport how millennials are transforming the workforce and why modern candidates are seeking more intangible qualities than a paycheck and benefits package.

With inflation at a 41-year high, mortgage rates at levels not seen in over a decade, and both home prices and rents at record highs, many Americans are feeling rising financial strains this summer, which continue to ripple throughout the housing market.

Brian “Woody” White of Homebridge Financial Services discusses how he shifted from focusing on tech to D&I and what mortgage companies need to consider when building their own D&I programs.

A new survey from Fannie Mae finds that homebuying confidence has fallen for the majority of the year.