Mortgage lending has now dropped in the second, third, and fourth quarters of 2021 with 3.27 million residential mortgages being secured in the fourth quarter, a figure that ...
Read More »Affordability Remains Greatest Obstacle for Millennials
Weathering the pandemic, Millennials are finding ways to get into the real estate market despite inventory and affordability constraints.
Read More »Mortgage Rates Fall Amid Ukrainian Conflict
Rates fell week-over-week as the Russian-Ukrainian crisis has brought with it uncertainty in the housing finance sector.
Read More »JPMorgan Chase Commits $12 Million to Minority Households
JPMorgan Chase announced five organizations will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for underserved households, particularly in Black, ...
Read More »Homeownership Tenure Increases Nearly 34%
According to a new report from Redfin, the typical American homeowner in 2021 had spent 13.2 years in their home—down slightly from the peak of 13.5 years in 2020, but ...
Read More »Purchase and Refi Apps Continue to Tumble
Overall mortgage volume tailed off slightly from last week’s totals, as climbing rates continue to dampen refi and purchase activity.
Read More »FHFA Announces Nearly $1.4B for More Affordable Housing Programs
Today, it was announced by FHFA Acting Director Sandra L. Thompson that the Housing Trust Fund and Capital Magnet Fund will receive a total of $1.138 billion for ...
Read More »As the Pandemic Wanes, Remote Work Will Remain Popular
According to Arch Mortgage Insurance Company (Arch MI), a Greensboro, North Carolina based company offering risk management and financial products to mortgage lenders, 2022 was nothing short of ...
Read More »Top Markets at Risk of Home Price Decline
Home prices nationwide increased year over year by 19.1% in January 2022 compared to January 2021, according to the new CoreLogic Home Price Insights (HPI) report. On a ...
Read More »UniversalCIS | Credit Plus Rebrands as Xactus
New entity will continue to offer tech solutions to its clientele, while maintaining its commitment to building the modern mortgage experience.
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