Business

April 10, 2019

Low Interest Rates Boosts Mortgage Demand

In the weeks following the largest one-week decline in a decade, mortgage interest rates remained virtually stagnant, according to the latest Freddie Mac Primary Mortgage Market […]
April 9, 2019

Tappable Equity Declines

The collective amount of equity available for homeowners to tap reached a record high last year, climbing above $6 trillion as home prices continued to appreciate […]
April 2, 2019

Income Application Fraud Risk on the Rise

As the housing market becomes more competitive, homebuyers are increasingly pressured to seek out larger loans – leading some to misrepresent their income on loan applications. […]
March 29, 2019

Americans Have Golden Outlook on Retirement

According to the American Institute of CPAs (AICPA), running out of retirement savings is a top concern among retirees. Healthcare costs and maintaining lifestyle are the […]
March 28, 2019

Foreclosure Filings Continue to Decline

There was a moderate drop in foreclosures in February, according to ATTOM Data Solutions’ latest Foreclosure Market Report.  According to the Foreclosure Market Report, there was […]
March 27, 2019

Commercial/Multifamily Mortgage Debt Spikes

Commercial and multifamily mortgage debt outstanding grew 6.8% in 2018, benefiting from strong employment numbers and strained inventory, according to the Mortgage Bankers Association.  With a […]
March 26, 2019

HELOC Demand Falls to 15-Year Low

Home equity is sitting above the $15 trillion mark nationwide, according to the Federal Reserve, but interest in more costly forms of debt, like credit cards […]
March 21, 2019

Multifamily Real Estate Had Best Year Since 2000

Any way you look at it, 2018 was the best year for multifamily real estate this century: Renters paid more for housing than they ever have […]
March 20, 2019

Home Affordability Greatly Impacts Cost of Living Expenses

Amid worsening affordability in the U.S., people in the Washington, D.C., metro area have the most money left over after they pay their mortgage, according to […]