Despite an uptick in mortgage rates, more homebuyers are borrowing as they prepare for the summer homebuying season, according to a report. Click through to learn more about the other origination numbers that are rising with the mercury.
Read More »Housing Wealth Increases Among Senior Homeowners
Homeowners over the age of 60 increased their housing wealth by $177 billion in the first quarter of 2018, a report found. Here’s why mortgage debt for this group remains low despite rising equity.
Read More »Is the Time Right for Non-QM Lending?
With refi volumes drying up, loan originators are looking for alternative mortgage lending solutions that provide lenders with many opportunities to achieve their goals. Here’s how.
Read More »Industry Veteran Frank Obregon Joins LRES Team
LRES Corporation, an Orange, California-based residential and commercial real estate services company that provides nationwide valuations, REO asset management, and HOA solutions for the mortgage and real estate ...
Read More »Chase Appoints Rob Robertson as Senior Lending Manager
In his role as senior lending manager, Rob Robertson will be responsible for building Chase Home Lending's presence in the Greater Washington, D.C., region.
Read More »Mortgage Rate Movement Impacts Apps
After holding steady, mortgage rates rose last week, impacting mortgage loan applications. Here’s how the apps performed during the week.
Read More »Lenders Remain Bearish on Profit Margins
Tight inventory and rising home prices are impacting not only mortgage demand, but also lenders' outlook on profit margins, according to a Fannie Mae survey. Here are the factors that are making lenders see red.
Read More »Which Cities Have the Most Non-Owner-Occupied Houses?
New and existing homes aren’t the only properties enticing U.S. buyers these days. Vacation, investment, and second homes are raking in dollars as well, a new study reveals. Certain areas of the country, however, are more sought-after than others.
Read More »Homebuyers Might Overlook This Potential Advantage to Renting
With home prices continuing to soar in many markets, there’s a lot to consider when consumers decide whether to buy a home or stick with the rental market. A new report, however, highlights potential financial incentives to renting that many might not have considered.
Read More »How Fed Rate Hikes Impact Borrowers
With the FOMC meeting beginning on Tuesday and a rate hike expected after it, experts weigh in on what another hike in interest rates would mean for mortgage lenders and borrowers.
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