Lower FICO score requirements by some lenders to attract potential first time buyers notwithstanding, credit scores for millennial homebuyers dropped according to a report.
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Mortgage Apps Continue to Climb
Contract interest rates are also shifting according to a new report.
Read More »HUD and VA Combine Efforts for Homeless Veterans
HUD and the VA have announced the latest round of funding to be distributed to public housing agencies to assist veterans.
Read More »New Home Purchase Applications Slide in June
The Mortgage Bankers Association's (MBA) Builder Applications Survey (BAS), a gauge of application volume from mortgage subsidiaries of homebuilders, suggests new home purchase applications slipped 5 percent from May to June, the group reported Thursday. The change does not include any adjustments for typical seasonal movements.
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