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July 25, 2017

Rate Hike Prevented 1 Million Americans From Paying Mortgage

A new analysis from TransUnion found that 10.6 million Americans could struggle to absorb their increased monthly payments after the Federal Reserve Board raised interest rates in December, however further examination showed only […]
July 21, 2017

Mortgage Credit Availability at Highest Level since 2016

Credit availability remained historically tight in the first quarter of 2017, but increased slightly from the previous quarter to the highest level since 2016.  The Housing […]
July 19, 2017

Homes Prices and Competition Hit Record High

The U.S. housing market continued to accelerate in June, with both the median prices and speed of home sales hitting all-time highs, according to a recent […]
July 18, 2017

Reputation Survey: Regional Banks Rise to the Top

The 2017 survey revealed that the banking industry overall extended its multi-year reputation recovery among U.S. consumers, achieving a reputation score that qualified as “strong” (above […]
July 17, 2017

Underwater Mortgages Doing Swimmingly, at 11-Year Low

The number of underwater mortgage borrowers has fallen to below 2 million for the first time since 2006.  According to the recent mortgage report from Black […]
July 14, 2017

A Decade of Mobile Banking

On June 29, 2017, the iPhone turned 10 years old. Since the first iPhone was released in 2007, Apple has sold some 1.2 Billion phones and […]
July 13, 2017

Average Credit Score Hits All-Time High

Americans are seeing higher credit scores than ever as the average national FICO score reached an all-time high, hitting 700 for the first time ever.  FICO […]
July 12, 2017

Mortgage Risk Hits Highest Level in 2 Years

The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications increased in May to levels not seen since 2015, according to First […]
July 11, 2017

Home Affordability Hits Lowest Level in a Decade

Affordability dropped in the second quarter, sinking to its lowest level since 2008, according to the Q2 2017 U.S. Home Affordability Index by ATTOM Data Solutions.  The […]