Lender sentiment is at an all-time low according to the latest Mortgage Lender Sentiment Survey by Fannie Mae that was released on Thursday. The profit margin outlook, as ...
Read More »Where Are America’s Happiest Cities?
Where do the happiest people in America live? According to a new study by WalletHub, the answer is Fremont, California. The city scored highest overall in WalletHub's study ...
Read More »Data Shows Shift in Mortgage Credit Availability
Mortgage credit availability decreased 1.2 percent in February as program offerings in the conventional mortgage space affected the overall availability of credit, bringing the index down to 180.7. ...
Read More »More Millennials Embracing Conventional Mortgage Loans
The most recent Ellie Mae Millennial Tracker data shows that 67 percent of closed loans secured by millennials were conventional. This represents the highest percentage in two years ...
Read More »Mortgage Offer APRs Trending Higher
LendingTree has released its latest Mortgage Offers Report, breaking down the lending landscape for February 2018. The Mortgage Offers Report serves as a useful companion to other standard industry ...
Read More »Consumer Housing Sentiment Slips
The U.S. housing market may be starting to get volatile. Fannie Mae's latest Home Purchase Sentiment Index report found that consumer confidence in housing took a hit in February. The worry ...
Read More »Four Financial Services Bills Pass the House
All eyes were on the Senate Tuesday afternoon as it took up discussion of the Economic Growth, Regulatory Relief, and Consumer Protection Act, a bipartisan bill that would ...
Read More »Borrowers Get Comfortable with Digital Lending
What does the Borrower want? To help lenders answer this all-important question, fintech company Fiserv conducted a study to gauge the expectations and experiences of borrowers while looking ...
Read More »Credit Scores for Mortgage Borrowers Decline
Mortgage balances, which form the largest component of household debt rose substantially, even as median credit scores of newly originating borrowers declined during the last quarter of 2017 ...
Read More »Study Says: Home Affordability at its Lowest Since 2009
How much does it take to buy an average single-family home in the country? The answer would be approximately $283,000 according to Black Knight Inc’s Mortgage Monitor Report ...
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