Mortgage

May 3, 2016

Entry Level Home Prices Shut Out First-Time Buyers

A new report from Zillow says home values are rising fastest in the entry-level segment in more than half of the largest U.S. housing markets. This, […]
April 25, 2016

March Bankruptcy Filings Show Decline from 2015

Total U.S. bankruptcy filings continue to decline year-over-year, falling 5% in the first calendar quarter (Jan. 1 – March 31) of 2016 from the same period […]
April 20, 2016

Delinquencies Decline as Economy Improves

The number of seriously delinquent mortgages reached its lowest level in over 8 years, helped by new job creation and higher wages, CoreLogic reported.  The national […]
April 18, 2016

Can’t Pay Your Tax Bill?

Today is Tax Day.  Thanks to Emancipation Day falling on a Saturday this year, we were lucky enough to have a 3-day extension until April 18th.  […]
April 14, 2016

U.S Economy Off to a Slow Start in ‘16

The U.S. economy is again off to a poor start to the year, clouding the outlook and validating the Federal Reserve’s wait-and-see posture on raising interest […]
April 13, 2016

Commercial/Multifamily Originations Rise to $504B

Commercial and multifamily originators closed $504 billion in loans last year, according to the Mortgage Bankers Association.  The MBA’s Commercial Real Estate/Multifamily Finance Annual Origination Volume […]
April 12, 2016

Low-Income Families’ Budgets are Stretched to the Limit

Low-income Americans are experiencing a staggering price hike in housing costs – a change that makes it sometimes impossible to afford basic necessities.  A new Pew Charitable […]
April 11, 2016

Consumer Delinquencies Fall Below Historic Levels

Rising home values continue to provide consumers with a strong incentive to keep up with their home equity loan payments.  According to the American Bankers Association’s […]
April 7, 2016

The Challenge to Obtain a Post-Crisis Mortgage

Millions of Americans are struggling to get home loans – something Federal Reserve Chair Janet Yellen calls a “headwind” for the economy: Bad mortgages were at the […]