Tag Archives: mortgages

Young buyers disproportionately impacted by economic fallout

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According to Down Payment Resource’s latest report, millennials and Gen-Zers were on track to hit their homebuying peak before April’s record layoffs. Continue reading →

Making sense of the headlines: Why is there a housing shortage?

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Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner discusses the housing shortage and what drives the price for new homes up. Continue reading →

JP Morgan Chase temporarily terminates HELOC loan offering

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Chase Home Lending Chief Marketing Officer Amy Bonitatibus said the change would help Chase better focus on “existing customers.” Continue reading →

Banks can now delay appraisals for up to 120 days after closing

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In addition to allowing lenders to delay appraisals for up to 120 days after closing, the temporary rule also allows for desktop appraisals and other forms of assessment flexibility. Continue reading →

Making sense of the headlines: What will happen with interest rates?

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Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner talks through the 30-year mortgage and how rates will move the rest of this year. Continue reading →

Mortgage credit availability decreased 16.1% in March

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The Mortgage Bankers Association said the decrease is due to stricter lending standards and increased likelihood of loan forbearance and defaults. Continue reading →

Making sense of the headlines: Is the jumbo mortgage market collapsing?

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Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner talks through the volatility of the jumbo mortgage market and what it means. Continue reading →

The Real Word: How fear and uncertainty is changing the mortgage industry

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they discuss changes in mortgage guidelines and other ways the real estate market is reacting to uncertainty. Continue reading →

Why isn’t buying a house more like shopping at Amazon?

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There’s no rhyme or reason in the world why the homebuying and selling process should be so archaic, inefficient and painful for consumers. Whoever can race to address these issues first will dominate the future of the real estate business. Continue reading →

Thinking about refinancing your 30-year mortgage? Think again!

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All those deals soliciting homeowners to refinance their mortgages at today’s low interest rates might sound great, but when you really dig into the numbers, that’s often not the case. Here’s why. Continue reading →