Was the slowdown in GDP growth an early indicator of the negative state of the economy and slowly growing housing markets?
Read More »What’s Keeping Middle-Aged Borrowers Locked Out of Mortgage Market?
Mortgage originations among middle-aged borrowers, ages 40 to 60, have been on a fast-paced decline since 2004. See what two factors the New York Fed says are keeping them from getting a mortgage loan.
Read More »Home Prices Climb Despite Volatile Financial Markets
In the midst of tight supply, heightened competition for buyers, and unpredictable financial markets, U.S. home prices continued to rise in the fourth quarter.
Read More »Richmond Fed President: Central Bankers Can Spur Economic Growth
In a speech at the Johns Hopkins Carey Business School, President of the Federal Reserve Bank of Richmond Jeffrey M. Lacker discussed monetary policy, inflation, and how the central bank can help spur economic growth.
Read More »Top 5 Most Stable Housing Markets Led by Employment, Current Mortgages
See which markets are unwavering in terms of the number of purchase applications, payment-to-income ratio, mortgage payments, and employment.
Read More »New Single-Family Home Sales Dip, But is the News All Bad?
New single-family home sales and the median home price began the year on weak note in terms of the monthly changes, but there are some optimistic signs behind the data.
Read More »Compliance, Competition High on the List of Worries for Lenders
While 2015 was a prosperous year for lenders, a tougher mortgage market lies ahead in 2016. With the Fed hanging at least four rate hikes over the industry, this could place damper on origination business operations.
Read More »Kansas City Fed: Rate Hike Should be “On the Table” March
Although economic conditions such as employment and inflation are not ideal, Kansas City Federal Reserve Bank President Esther George is pushing for the central bank to make one of those four increases the industry has been waiting on in March at the next Federal Open Market Committee meeting.
Read More »BofA: Charting the Future of Responsible Lending
In a discussion with MReport, Bank of America's Terry Francisco explains how the financial institution is opening up new homeownership opportunities for responsible consumers.
Read More »The Week Ahead: Will Existing Home Sales Find Their Balance?
Expect to see an influx of industry news in the last full week of February, including the highly-anticipated existing-home sales report from the National Association of Realtors. The last two reports on existing sales for November and December were hot and cold. Now, the industry is wondering what January's report will reveal.
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