Despite the marginal increase, Freddie Mac reports that the 30-year rate accomplished a feat not seen since 2016.
Read More »NewDay USA Approved as Ginnie Mae Servicer for VA Loans
Based on current origination volume, NewDay USA is projected to be a top-five VA lender in the U.S. in 2019.
Read More »Cost of Living Remains Barrier to Homeownership for Millennials
A new survey found that the younger generation is doing a “worrisome” trend to afford down payments in today’s market.
Read More »Mortgage Lenders Optimistic About the Future
Fannie Mae reports that falling mortgage rates are good news to mortgage lenders, and more homeowners could benefit from refinancing.
Read More »Single-Family Construction Yet to Recover
Construction of new single-family homes has yet to recover to normal following the Great Recession, according to a new a Zillow survey, which expects construction shortages to continue ...
Read More »Recession Concerns Impacting Buyers, Sellers’ Outlook of Housing Market
A new survey reveals that home prices in August fell as worries over an economic downturn grow, which may cause prospective buyers to pull back.
Read More »Millennials’ Views on Starter Homes
Not only are they the largest home-buying demographic, but their views on housing continue to impact the market.
Read More »North Carolina Market Straying from Single-Family Housing
Another market is making a move to higher-density zoning, which, according to the city council, would help minorities achieve homeownership.
Read More »Homebuyers’ Expectations Mismatched to Home Prices
Information from several agencies reveals the further issues of affordability, as home prices continue to exceed what homebuyers can pay.
Read More »Refinances: Good News and Bad News
Mortgage lenders had been inundated with inbound refinance business that’s relatively easy to retain favor, according to a new report from Black Knight, but there is some not-so-good news for servicers.
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