Home Buying, Home Sales, Mortgage

Tinkering With Mortgage Qualifications

By Brian Kline | October 30, 2017
It had to happen sooner or later. The lower volume of mortgage applications is resulting in some tinkering to find more consumers that can qualify. Fannie Mae, Freddie Mac, and major lenders aren’t necessarily
Real Estate, Rental Properties, US Real Estate

More renters looking to buy in 2017, study shows

By Mike Wheatley | June 29, 2017
A surge of renters are ready to make the leap into homeownership, with 55 percent of those who actively shopped for a mortgage in the first quarter of 2017 being non-homeowners.
Mortgage, US Real Estate

Mortgage Application Rules Are Changing

By Brian Kline | October 5, 2015
Effective October 3, 2015 changes are being made to mortgage application rules. Most changes are about how consumers are presented terms of the mortgages they are being offered. The changes are required by the 2010 Dodd-Frank financial law. One key change is that consumers must be given the final terms of the mortgage at least […]
Featured News, Residential, US Real Estate

African-Americans Getting a Rough Deal in Housing

By Mike Wheatley | January 31, 2014
There's bad news for racial equality when it comes to housing, with a new study showing that African-Americans are being squeezed out of the market far more often than people from other races.
Mortgage, Real Estate, US Real Estate

7% Rise in Mortgage Applications Last Week

By Mike Wheatley | August 3, 2011
Applications for new mortgages rose last week, increasing by more than 7% over the week before, according to new reports from the Mortgage Bankers Association. The refinance index saw an increase of 7.8%, while the real gauge for mortgage requests, the purchase index, jumped up by 5.1%. According to MBA research and economics vice president […]

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