In the spirit of slow growth—as predicted by economists—there are several industry reports coming this week to see if they were indeed spot-on with their expectations for 2016. So will the slow growth housing market continue?
Read More »Millennial Household Formations Missing in the Housing Market
Research has shown that many millennials choose to live with their parents instead of establishing their own household. Is student debt and unemployment keeping them from buying a home?
Read More »Affordability Still Holds Minorities Back from Homeownership
Since the housing crisis, minority borrowers have had trouble getting a mortgage loan or been completely locked out of the housing market due to affordability problems. Now, eight years into the recovery, minorities are still a disproportionate part of the housing economy.
Read More »Top 10 Worst Cities for Investors to Purchase a Home
Housing markets across the nation have seen some major growth in home prices and sales over the last two years, but there are some markets are still lagging behind.
Read More »A Credit Situation: Gender Affects Ability to Obtain a Mortgage Loan
A borrower's credit score could be adversely affected by gender, according to a recent study. Typically, men have an average credit score of 630 out of 850, while women have an average score of 621 but the factors behind these scores is where the story gets interesting....
Read More »Mortgage Rates Expected to Sink Further if Economic Conditions Persist
Mortgage interest rates have declined every week since the start of the year, and Freddie Mac believes this could continue until Treasury yields return to normal levels. Freddie ...
Read More »Millennials Have a Credit Problem
Low credit scores and high student debt are two major obstacles millennials face when applying for a mortgage, but this hopeful generation still dreams of homeownership . . . and some are achieving that dream.
Read More »Fed Chair Yellen Testimony Raises Concern About a Negative Interest Rate Environment
As Federal Reserve Chair Janet Yellen wrapped up her semiannual monetary policy report testimony in front of the House Financial Services Committee Wednesday morning, Congress questioned her about possibly implementing a ...
Read More »Are Mortgage Lenders Easing Credit Standards too Much?
Although lenders are being selective in who they lend to in terms of credit score, overall, mortgage lending standards have eased every quarter over the last two years. Could this be the beginning of yet another financial crisis?
Read More »Morgan Stanley Reaches $3.2 Billion Settlement for Toxic MBS
Morgan Stanley is the latest firm to settle federal and state probes concerning "deceptive" handling of mortgage-backed securities. The firm will be the fourth deal to be struck among big U.S. banks’ role in the 2008 financial crisis.
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