Gateway Mortgage Group, a division of Gateway First Bank was included in the 2019 Inc. 5000, a list of the fastest-growing private companies in the nation.
Read More »Millennial Homeownership Hurdles
Though they admit that owning a home is worth it in the long-term, the barrier to entry seems too high for many millennials looking to purchase their first home.
Read More »The Week Ahead: Examining Home Prices
CoreLogic will releases its monthly Home Price Index report on on Tuesday, September 3, after June’s report showed home prices rebounded. The report states that homes priced 25% ...
Read More »Walk This Way? Home Prices Rising in Certain Areas
Redfin reports that home-sale prices in neighborhoods that are walkable increased annually 2.3% to an average of $343,900 in July, compared to 4.3% growth in car-dependent areas. The ...
Read More »Tappable Equity Grows
Tappable equity growth had been slowing in recent quarters due to rising interest rates and slowing home price growth, but Q2 2019 saw a turnaround.
Read More »Mortgage Provider Reports Growth
Churchill Mortgage, a provider of conventional, FHA, VA and USDA residential mortgages across 46 states, announced record corporate growth and recognition in the first half of 2019. Since ...
Read More »Downward Trend for Defects in Loan Applications
According to First American Financial Corporation’s Loan Application Defect Index, the frequency of defects, fraud, and misrepresentation submitted in mortgage loan applications in July fell 5% from the ...
Read More »Refinances Cause Mortgage Organizations to Spike to $2 Trillion
Freddie Mac announced Wednesday that August forecasts show mortgage origination will reach $2 trillion in 2019, driven mostly by the recent surge in refinancing due to historically low ...
Read More »The State of Housing In Opportunity Zones
Homes in “Opportunity Zones,” established by Congress in the Tax Cuts and Jobs act of 2017, are cheaper than the average home, according to a new report.
Read More »Affordability Receives a Jolt
Consumers’ homebuyer power increased in June by 3.3% from the prior month and has risen 12.2% year-over-year, according to First American Financial Corporation’s Real House Price Index (RHPI). ...
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