Even with interest rates going up, millennials are still taking out loans for new homes, according to Ellie Mae. The Ellie Mae Millennial Tracker found that 83 percent of mortgage loans made to millennial buyers were for new home purchases, ...
Read More »Single-Family Rentals on the Rise
Single family rentals are on the rise as more renters look for more space. With renters looking to move from apartments to houses, the path to homeownership grows shorter.
Read More »Exploring the Effects of Bankruptcy on Borrowers
While some may see bankruptcy as the end of their credit, studies show that this isn’t the case. Some borrowers can rebuild their credit and take out loans and mortgages in as little as a year following bankruptcy.
Read More »California Gubernatorial Candidates on the State’s Housing Crunch
As California approaches the election for its new governor, its candidates have to face a big problem in their home state: housing. How will the leading candidates tackle the issues of housing shortages and rising prices in their home state?
Read More »The Cost of GSE Reform
If the market crashes again, taxpayers are at risk. Congress seeks to reduce this risk by implementing reform the Fannie Mae and Freddie Mac, but at what cost to borrowers?
Read More »High Prices Collide With Dwindling Inventory
Median income has risen, yet many potential home buyers are still hesitant. Inventory hit an all-time low, as prices jumped, and reports show this is a trend that may continue.
Read More »Federal Agencies Encourage Community Reinvestment in Puerto Rico
The economic concerns following the destruction of Hurricane Maria stretch further than the islands. As some states are faced with an influx of refugees putting a strain on their housing market, the federal agencies step in to address the issues at hand.
Read More »A Bump in Rates and Loan Sizes
Interest rates and loan sizes both got a boost in December. With 2017 topped off this rise, could 2018 bring more increases like this?
Read More »Royal Bank of Scotland Settlement with DOJ Might Not Happen
Following its role in the underwriting of toxic residential mortgage backed securities, the Royal Bank of Scotland expected to pay several billion in fines to the US Department of Justice. However, nothing has been settled just yet.
Read More »Rising Prices and Rising Expectations
Experts agree: rising home prices show no signs of slowing. What does the 2018 housing market have in store?
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