Real Estate

November 14, 2016

How Will Trump’s Win Affect the 2017 Mortgage Industry?

Rising interest rates will trigger a downturn in refinance activity in 2017, while purchase originations will rise, according to the Mortgage Bankers Association’s most recent industry […]
November 9, 2016

Consumer Become Pessimistic on Economy/Housing

Home purchase sentiment fell for the third straight month in October, reflecting the uncertainty consumers face, according to Fannie Mae.  Fannie Mae reported that its Home […]
November 8, 2016

Election Day 2016: Facts & Figures

Many Americans will be heading to the polls at some point today to cast ballots on the first Tuesday after the first Monday of November. So […]
November 7, 2016

Mortgage Industry Offers Lackluster Support to Candidates

Democratic presidential nominee Hillary Clinton is far outpacing her Republican rival Donald Trump in campaign contributions from mortgage bankers and brokers, but the industry’s lackluster donation […]
November 2, 2016

Foreclosure Rate Falls to 9-Year Low

The percentage of foreclosed mortgages reached its lowest point in nine years, according to Black Knight Financial Services’ September First Look report.  The presale foreclosure rate […]
October 24, 2016

Consumer Delinquencies Hit New Low

Consumer delinquencies fell last quarter to their lowest point in at least 15 years, according to quarterly data released by the American Bankers Association (ABA).  The […]
October 21, 2016

New Home Mortgage Apps Rise 3% in September

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2016 shows mortgage applications for new home purchases increased 3% relative to September 2015. […]
October 20, 2016

Is the Foreclosure Crisis Finally Over?

Foreclosure filings dropped to the lowest level reported since December 2005, signaling the end of the country’s foreclosure crisis, according to Attom Data Solutions.  In September, […]
October 18, 2016

High Rents and Student Debt Hinder Homeownership

Higher rental costs and student loan debt continue to prevent many Americans from purchasing a home, according to the results of a survey from NeighborWorks America.  […]