Mortgage credit availability increased by 2.1 percent to 182.9 points in January according to the Mortgage Credit Availability Index (MCAI) data released on Tuesday. The MCAI, a report ...
Read More »Stress Test Scenarios: Home Prices and Mortgage to Rise
Unemployment, exchange rates, prices, income, and interest rates are some of the economic factors that will reveal whether banks in the U.S. are armed with robust capital planning processes ...
Read More »Housing Values are Up, But Here’s the Bad News
With home values still on the upswing, housing insiders are noticing what could be some troubling signs in the distance. How long the party will last in anyone’s guess.
Read More »Young Homeowners Driving Increase in New Households
Household formation in the final quarter of 2017 has been the highest since 2015, with 1.1 million new households added to the U.S. housing industry as the year ...
Read More »What do Affluent Millennial Homebuyers Want?
The world of wealth is getting younger, as majority of the buyers seeking million dollar-plus home are on an average 37 years old, married, and have young families, ...
Read More »Interest Rate Uncertainty Spurs Stock Market Drops
The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point ...
Read More »Rent in Manhattan but Buy a Home in Baltimore
Manhattan, New York and Santa Barbara, California are among the most expensive places to buy a home, but the best places to rent, while Baltimore, Maryland and Clayton ...
Read More »Rising Seas Could Increase Risk for Homes in Florida
If last year’s hurricane season was any indication, climate change could increase risks associated with owning a home, according to a study by University of Miami. The study ...
Read More »Arch MI Completes Integration with Cloudvirga Platform
North Carolina headquartered private mortgage insurance company Arch Mortgage Insurance Company (“Arch MI”) has announced the completion of a new integration with Cloudvirga, developer of mortgage point-of-sale (POS) ...
Read More »Flagstar Bank Names New Diversity and Inclusion Leader
Flagstar Bank has announced that Mary Mbiya will serve as program manager of its diversity and inclusion initiatives. Mbiya has over 18 years’ experience in financial services, with ...
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