In response to the rapid home price appreciation the country has experienced in the last four to five years that is keeping many would-be first-time buyers out of the housing market, one U.S. Senator has drafted legislation that would provide access to affordable housing.
Read More »Tighter Housing Inventory=Faster Sales. . .Or Vice Versa?
Housing inventory is tight and homes are selling at an increasingly faster rate, which begs the question: Is inventory tight because homes are selling quickly, or are homes selling quickly because inventory is tight?
Read More »Inlanta Mortgage Integrates LendingQB’s LOS
LendingQB announced it has successfully implemented its Web-based loan origination system for mortgage lender Inlanta Mortgage, Inc.
Read More »Fed Rate Hike is Unlikely Until After Election
Economists generally believe that the Fed will not raise rates until after November's presidential election, if they do at all this year, according to a survey.
Read More »Exactly Five Years Into the CFPB Era. . .
The Consumer Financial Protection Bureau celebrated its fifth birthday on Thursday, July 21. Five years in, those in the mortgage industry continue the fierce debate on whether the Bureau is helping or harming the industry.
Read More »Is Home Price Appreciation Decelerating?
Home prices have appreciated at a rapid pace for much of the last four years, but that pace slipped slightly in May. Are the forecasts of the deceleration of home price appreciation coming true?
Read More »Post-Brexit Volatility is Waning
Last month’s historic Brexit vote drove mortgage rates down near historic lows and brought a flurry of refinancing activity. According to Freddie Mac, however, the post-Brexit volatility is tapering off.
Read More »First-Time Buyers Boost Existing-Home Sales
The highest share of first-time buyers in four years boosted existing-home sales for June, but concerns around tight inventory and rapid home price appreciation still linger.
Read More »Which Markets Respond Best to Housing Demand?
Nationwide, housing supply is low while prices continue to rise. What markets have been able to respond best to the increased demand for housing?
Read More »Senators Push CFPB to Exempt Credit Unions
A few months ago, three-quarters of the U.S. House of Representatives urged the CFPB to exempt credit unions from its rulemakings. Now, a majority of U.S. Senators are petitioning the Bureau.
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