A new survey asked mortgage industry professionals what were the headwinds that the housing market faced in 2018 and what challenges were they saw during the year. Here’s what it found.
Read More »Why Aren’t Homeowners Tapping Into Equity?
A report found that American homeowners have $5.8 trillion available in tappable equity, yet a minsicule total of that had been withdrawn in the first quarter. Here’s why.
Read More »Chattel Loans vs Mortgage Loans
Chattel loans are the most popular finance product for manufactured housing customers, but research suggests why this may not be the most cost-effective loan for these borrowers.
Read More »What Declining Mortgage Rates Mean for Homebuyers
After rising steadily in the first half of the year, mortgage rates have seen a steady decline over the past few weeks, according to Freddie Mac. Here’s what’s likely causing the slide.
Read More »Judge Upholds $96M Jury Verdict Against BBVA Compass
The judgment preserves all but one portion of the original $98 million jury verdict in the case against BBVA Compass for fraud during loan renewal and modification negotiations with a developer.
Read More »Wells Fargo LIFTs Homeowner Opportunity in Boston
Wells Fargo & Company, NeighborWorks® America, and its network member, NeighborWorks Southern Mass, expanded the NeighborhoodLIFT® program to the Boston area this year, with a $6.75 million commitment ...
Read More »Student Loans vs. First Mortgage
A CFPB study analyzing student loan repayment and broader household borrowing found a strong correlation between the time that young Americans pay off their student loans and buy a home. Click through to learn how the repayment of one loan impacts taking another.
Read More »A Snapshot of the National Housing Market
The current housing market boom is being led by strong demand chasing constricted supply, according to a report on the housing market. Here are some other indicators on how the market has performed so far this year.
Read More »The Headwinds of Affordability and Household Formation
The housing market remains relatively healthy right now, but low affordability and lack of household formation are likely to impact it going forward, a study found. Which markets is affordability hurting the most?
Read More »10 Most Expensive U.S. Neighborhoods
With high prices and low inventory all over the nation, competition is high. See where buyers are spending the most on homes around the country.
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