US homeowners far more likely to be equity-rich than underwater

Attom’s 4th quarter U.S. Home Equity & Underwater Report released today also showed that only 1 in 16 mortgaged homes were seriously considered underwater. Continue reading

Are low down payment loans really riskier?

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

Mortgage applications reach highest volume since 2013

The Mortgage Bankers Association announced Wednesday that the Market Composite Index reached its highest level last week since May 2013. Continue reading

Flat-fee brokerage Houwzer hustles up $9.5M in Series A funding

The Philadelphia-based brokerage will use the funds to fuel expansion in Baltimore and Orlando and launch title and insurance divisions later this year. Continue reading

Pulse: How has alternative financing changed your market?

All-cash-offer guarantees, iBuyers, new financing models — consumers have a lot more options these days. If you’re seeing new alternative financing models in your market, we want to hear about it. Take this short survey to share your experience. Continue reading

Applying for a mortgage? How you repay your student loan is crucial

Student loan borrowers who use an income-driven repayment plan could be at disadvantage for taking on a mortgage, a study by the Urban Institute shows. Continue reading

This is the No. 1 misconception millennials have about homebuying

Misconceptions about needing a 20 percent down payment are keeping millennials from homeownership. Two experts share what can be done to help. Continue reading

Mortgage rates plummeting amid Coronavirus outbreak fears

Matthew Speakman, an economist with Zillow, said a worsening of the virus outbreak could drive mortgage rates even lower. Continue reading

Mortgage companies compete for Super Bowl spotlight

Major mortgage lenders and real estate companies joined the Super Bowl advertising fray, where commercial spots cost $5.2 million for 30 seconds. Continue reading