How much does it take to buy an average single-family home in the country? The answer would be approximately $283,000 according to Black Knight Inc’s Mortgage Monitor Report ...
Read More »The Week Ahead: Focus on Construction Jobs
The Bureau of Labor Statistics will release its monthly employment data for February 2018 on Friday, March 9 at 8:30 a.m. EST. The report looks at nonfarm payroll ...
Read More »Mortgage Loan Originations Become Less Profitable
Mortgage origination profitability fell to its lowest in January 2018 as mortgage volumes responded to the rising interest rates during the month according to data in the February ...
Read More »10 Most Gentrified ZIP Codes in the U.S.
As an area expands, so does its population. Over time, as people, home values, and incomes change, so does the area. Many areas in a city remain the ...
Read More »Chase No. 1 When it Comes to Providing Financial Advice
In an environment of poor money management and lack of financial literacy, the first point of contact for customers when seeking advice related to financial issues is usually ...
Read More »30-Year Fixed Mortgage Rates Rise for Eighth Consecutive Week
The 30-year fixed mortgage rate increased again this week, marking the eighth consecutive week that these rates have seen a rise according to the latest Primary Mortgage Market ...
Read More »Inventory’s Low, So Why Aren’t More Homes Being Built?
The high cost of construction, labor shortages, and regulatory costs are just some of the factors that are keeping builders from making new homes, leading to a shortage ...
Read More »Why is Homeownership Declining in Metros?
Owning a home might be the American Dream, but a recent Trulia report on homeownership trends between 2000 and 2016, shows that there has been a sharp decrease ...
Read More »Defect Frequency in Mortgage Apps on the Rise
The frequency of defect, fraud, and misrepresentation in information submitted during the mortgage application process has increased over the past year according to the First American Loan Application Defect ...
Read More »MReport March: Focus on Top 3 Compliance Issues
What are the top three compliance issues facing the industry? How will blockchain technology affect the title insurance industry? The March issue of MReport analyzes the regulations impacting ...
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