Oil prices continue to decline at rates that were unexpected to many in the housing industry, and while we all certainly enjoy lower gas prices, this may not be good for the general U.S. economy.
Read More »What’s Driving the Single-Family Rental Market?
Last year was a stellar year for the single-family rental market. Now the question is, will 2016 growth surpass the growth this market has already established?
Read More »Mortgage Rates Kick off 2016 Under 4 Percent
In a surprising twist of events, mortgage rates are kicking off the New Year under 4 percent, even after the Federal Reserve's decision to raise rates in December.
Read More »Mortgage Applications Plummet over Holiday Break
Shortly after the Federal Reserve's decision to raise the federal funds rate in December 2015, mortgage applications started to fall. Is the Federal Reserve's rate hike to blame or was it really just a seasonal drop off?
Read More »JPMorgan Chase Welcomes New Head of Mortgage Servicing
Displaying 1-6 PM.JPGPeter Muriungi has been chosen as JPMorgan Chase’s new head of Mortgage Servicing to replace Mike Weinbach, who was named CEO of Chase’s Mortgage Banking division in December, the bank confirmed on Wednesday.
Read More »Will Existing Home Sales Shake Back from November Slump?
Existing home sales suffered a major blow in November of 2015, falling an unheard of percentage month-over-month, which some economists felt was just a temporary fallback for a huge comeback.
Read More »Where are the Top 5 Most Stable Housing Markets?
U.S. housing markets continue to show improvement, and much of that credit is due to consumers maintaining their mortgages and a better overall employment picture.
Read More »Construction Spending Slips for First Time in Over a Year
U.S. construction spending has been on the positive side for a year and a half—that is until now.
Read More »National Home Values Continue to Rise, but for how Long?
It’s too early to speculate on whether price appreciation will remain a trend heading into 2016—with the market already facing an interest rate hike from the Fed and economic uncertainty.
Read More »Franklin American Mortgage Zapped with $70 Million FHA Settlement
Franklin American Mortgage Co. agreed to pay the U.S. government $70 million this past week to resolve allegations that the lender originated loans which failed to meet Federal Housing Administration guidelines.
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