Just 12% of adults are considering buying a home over the next 12 months, according to a poll by the National Association of Home Builders (NAHB). The latest ...
Read More »Positive Signs for Mortgage Applications
Data from the Mortgage Bankers Association shows a 21.7% increase in mortgage applications for the week ending August 9. The Refinance Index increased 37% from the previous week ...
Read More »New York Fed: Housing Starts, Permits are ‘Anemic’
Merriam Webster's Dictionary defines anemic as: “lacking force, vitality, or spirit.” The Federal Reserve Bank of New York felt that is an appropriate depiction of the current housing ...
Read More »The Growing Concern of Mortgage Debt for Millennials
Experian reports that millennial (those between the ages of 23-38) are on pace to hold more average mortgage debt. Millennials currently have the second-highest average mortgage balance of ...
Read More »Education’s Role in the Homebuying Process
It’s back to school for many children in the U.S. And the quality of that school plays a large role for many prospective homebuyers, according to the National ...
Read More »Homeownership Levels Dropping, But Why?
Despite all signs pointing toward a growing housing sector—record-low mortgage rates, strong refinance activity, and falling interest rates—information from Axios shows homeownership rates are dropping across the ...
Read More »The Impact of Student Debt on Housing
J.P. Morgan Chase reports that student debt has doubled in the past 10 years to $1.5 trillion in 2018—second only to mortgage debt—and impacts 45 million borrowers. “Although ...
Read More »Variety is Key When Shopping for a Mortgage
Fannie Mae’s National Housing Survey revealed that more than one-third of homebuyers last year said they did not shop around before choosing their mortgage lender. “The choice to ...
Read More »Ellie Mae Enhances HELOC Functionality
Ellie Mae's expanded functionality offers additional automation capabilities for greater efficiencies in HELOCs for lenders.
Read More »Black Knight Partners With Docutech
Black Knight is bundling ConformX, Docutech’s loan document generation engine, with its suite of origination solutions
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