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
This emerging consumer financing category is addressing the financial realities of today’s prospective homebuyers. Continue reading
The presidential hopeful wants to make Freddie Mac and Fannie Mae a “single, fully government-owned mortgage guarantor” that benefits taxpayers, community banks. Continue reading
If you’re newer to real estate or want a snapshot of how we got to this point in the mortgage industry, here’s a quick look. Continue reading
Higher down payments, coupled with poor savings habits, are making it very hard for millions of first-time buyers to save enough to buy a home. But new research shows that lenders and others might want to rethink the parameters around down payments mad… Continue reading
The tea leaves heading into next year are somewhat mixed. But for now, it looks as though the housing market in 2020 should at least start off with a bang. Continue reading
Mortgage providers have been gaining ground when it comes to true digital disruption of the notoriously clunky, paper-heavy process. Although there’s still plenty of work to do, the industry has made some important strides toward streamlining the proce… Continue reading
Mortgage providers have been gaining ground when it comes to true digital disruption of the notoriously clunky, paper-heavy process. Although there’s still plenty of work to do, the industry has made some important strides toward streamlining the proce… Continue reading
Nothing matters for interest rates now except US tariffs and trade war. Nothing. Continue reading
With my last article, I outlined how the current closing process leaves so much to be desired. The system is more or less broken as designed when the consumer at the heart of the transaction has anything short of an excellent experience.
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