Recession

September 29, 2016

Labor Day Week Sees Uptick in Mortgage Applications

Homebuyers jumped back into the market after Labor Day, filing applications for mortgages at a far faster pace than in previous weeks.  Total mortgage application volume […]
September 21, 2016

Some Cities Still Drowning in Underwater Mortgages

More than 1 in 10 U.S. homeowners remain underwater on their mortgages.  This number is much less than a year ago and far lower than when the […]
September 20, 2016

Mortgage Origination Demand Hits Pre-Crisis High

Home purchase lending hit a post-2007 high in the second quarter as low interest rates and growing consumer confidence continue to support the housing market.  “You […]
September 16, 2016

Affordability Is a Huge Concern for Homebuyers

This summer, worries about housing affordability are growing more predominant, according to a Redfin survey. More than 28% of homebuyers said “prices are rising or are too […]
September 15, 2016

National Home Values are on the Rise

Zillow is reporting that national home values have risen for the 48th straight month as of this July, reaching an average of $187,300 in the latest […]
September 14, 2016

HELOCs Making a Rebound

Home equity line of credit originations are in the midst of a comeback, fueled by the rise in home prices, according to a white paper released […]
September 13, 2016

Education Reduces Foreclosures by 42%

Research by Vanderbilt University’s Peabody College shows that among participants in a down-payment assistance program offered by the Tennessee Housing Development Authority (THDA), the odds of […]
September 12, 2016

Small Business Loan Approvals Decline at Big Banks

Turbulence in global markets has made big banks wary of approving small business loans, according to the latest Biz2Credit Small Business Lending Index.  The report found that […]
September 8, 2016

Homeownership Not in Sync with Home Prices

Before the financial crisis, home prices and homeownership rates moved roughly in tandem. Expanded access to credit and a booming real estate market made homeownership easier […]