interest rate

February 5, 2019

Mortgage Defect Risk Rises to 4-Year Peak

In December, defect risk continued to rise across the country, according to the latest First American Loan Application Defect Index. According to the report, the frequency […]
January 8, 2019

U.S. Housing Market Worth $33.3 trillion in 2018

In 2018, the total value of the U.S. housing market increased $1.9 trillion, propelling its value to a whopping $33.3 trillion, according to new data from […]
January 4, 2019

HELOC Volume Down 11% from 2017

After soaring to a near 10-year high, HELOC originations took an unexpected tumble in the third quarter, falling 14% from the previous quarter and 11% from […]
December 19, 2018

Commercial, Multifamily Mortgage Debt at All-Time High

According to newly released data from the Mortgage Bankers Association, outstanding commercial and multifamily mortgage debt climbed to a record high of $3.32 trillion in the […]
December 18, 2018

Homeowners May Start to Tap Equity in 2019

Mortgage originations are falling and will continue to do so in 2019, but rising home prices could cause an increase in homeowners seeking to tap into […]
November 19, 2018

Subprime Mortgage Loans on the Rise

The number of subprime loans originated is increasing with gains across personal loans, credit cards, auto finance, and mortgages. TransUnion’s Industry Insights Report shows that while […]
November 8, 2018

Credit Scores Can Take a Year to Recover After House Purchase

LendingTree, an online loan marketplace, released its study on how buying a house affects credit scores. The analysis looked at more than 5,000 consumers who took […]
November 7, 2018

Home Equity Lending is Poised to Soar

Home equity levels continue to rise, and all signs point to a market ripe for home equity lending, according to a recent report from consumer credit […]
October 30, 2018

What do Bankers Fear This Halloween Season?

By most accounts, the banking industry is in great shape. The economy is humming, last year’s tax break provided a boost to profits, and President Trump’s […]