Homeowner optimism is continuing to outpace that of actual property appraisal values, according to a report from Quicken Loans.
Read More »The New Homebuying Age: Technology Shapes Purchasing Decisions
A Chase mortgage survey found that homeowners are struggling with a fear of missing out on other opportunities and are beginning to search for homes on digital platforms.
Read More »Low Credit Score May be Keeping Many Renters from Homeownership
An analysis of millions of credit reports comparing financial behavior patterns of those who currently rent and those who have a current mortgage revealed that tens of millions of renters might not qualify for a mortgage due to a low credit score—and that a large share of renters have other outstanding debt that is currently in collections.
Read More »Homeowners, Appraisers Closer to Seeing Eye-to-Eye
History has shown that homeowners typically value their homes at a higher price point than appraisers, but as the housing market evolves, these opinions are inching closer to reaching a point of equilibrium.
Read More »Affordability Concerns Constraining Homeownership
Although rents continue to rise at a rapid pace, many Americans are still shying away from the real estate market due to down payment and credit score troubles.
Read More »Top 10 Cities Where a Mortgage can be Paid off the Fastest
After investing in a home, buyers can expect to be billed every month for about 15 to 30 years. Read on to see where Realtor.com finds that a mortgage payment would not drag out for the entire life of the loan.
Read More »5 Reasons Homeowners are not Taking Advantage of Refi Opportunities
Low mortgage rates present opportunities for homeowners to refinance their homes, but recent data and analysis shows that they are not taking advantage of billions of dollars in savings.
Read More »Homeowners Drive Peer Lending Growth
Peer-to-peer lending, or crowdlending to unrelated people done outside of financial institutions has seen robust growth in recent years, especially among homeowners.
Read More »Wells Fargo Names New Head of Mortgage Production
Wells Fargo has named Michael DeVito head of mortgage production, effective October 1, 2015. Devito will succeed Franklin Codel, whom will now serve as head of mortgage lending at Wells Fargo Home Lending, the company said last month.
Read More »Homeowners Unsure of Housing Market’s Future
Although many homeowners feel confident in the current state of the market, they are a bit more uncertain about the future, Zillow’s Housing Confidence Index.
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