Paul Buege, President/CEO of Inlanta Mortgage, explains that through education and knowledge, homeownership can become a reality despite the forces of affordability and other factors that stand in the path of today’s buyers.
Read More »Consumers Express Pessimism, Frustration With Housing Market
The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 3.4 points in June to 64.8, its second-lowest reading in a decade, according to their latest report. Surveyed consumers ...
Read More »FHA Strengthens Eligibility for Borrowers Impacted by the Pandemic
Updated FHA guidance to provide flexibility for lenders when calculating “effective income” for borrowers with previous COVID-related employment gaps or loss of income.
Read More »Mortgage Rates Take ‘Sharp Drop’ Week-Over-Week
Fixed-rate mortgages took a 0.40% dip this week on the heels of recent volatility of the 10-year Treasury yield.
Read More »U.S. Median Rents Exceed $2k in May
The median monthly asking rent in the U.S. surpassed a whopping $2,000 for the first time in May rising 15% year-over-year to a record high of $2,002—according to ...
Read More »Mortgage Purchase Activity ‘Hamstrung’ by Market Forces
Ongoing affordability challenges and low inventory are pushing mortgage application volume back down, after a near-month-long stretch of trending upward, according to the MBA.
Read More »How Mortgage Insurance Can Help Fast-Track the American Dream
A new study from USMI has found a nine-year reduction in wait time in achieving homeownership to just five years with a 5% down payment insured mortgage.
Read More »Nationwide, Housing Now Less Affordable Than Since Mid-1980s
Today, the Data & Analytics division of Black Knight, Inc. released its latest Mortgage Monitor Report, looking at recent cooling of annual rate of home price appreciation and ...
Read More »Experts: Housing Market Is Weakening But Not Crashing
As Americans continue to be confused by the storm of seemingly contradictory news, data, and forecasts on the housing market’s future, consumers are still witnessing record monthly price ...
Read More »Not Even Rising Rates Can Curtail Industry Innovation
In a recent blog post, Paul Hurst of First American explains that, despite record-high mortgage rates, mortgage industry innovation and investment will continue to advance and increase.
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