Tag Archives: Banking & Lending

US home equity has reached new heights. What happens next?

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Gains in household real estate equity have far outpaced growth in U.S. mortgage debt, according to new numbers from the Federal Reserve board. Continue reading →

5 habits to help you raise your financial IQ

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When it comes to your financial future, the only dumb question is the one you didn’t ask. Let CFP Jordan Curnutt help you raise your financial IQ so that you can get a handle on your money. Continue reading →

First-time homebuyers may be driving FHA, VA loan surge

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Applications for government-backed purchase mortgages were up 4 percent week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association. Continue reading →

Chinese real estate crash sparks mortgage boycotts

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In China, most recent buyers of new apartments took out mortgages before their buildings were finished. Now many are threatening to not pay. Continue reading →

Loan applications for home purchases continue 6-week slip

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Purchase loan activity has dropped in five of the last six weeks as some buyers remain wary, according to the Mortgage Bankers Association. Continue reading →

Homeward sheds 20% of workforce amid ‘sudden and sizable’ downturn

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Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company’s “buy with cash” product, according to a spokesperson. Continue reading →

Leverage the power of fintech to whip your wallet into shape

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Whether you’re a new agent or a top producer, it takes planning and some smart tech tools to get your finances shipshape for the long haul. Let CFP Jordan Curnutt help you make these easy-to-use fintech tools part of your gameplan. Continue reading →

Berkshire Hathaway-owned lender settles redlining case with DOJ

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This case is the first-ever redlining settlement against a mortgage company and the second-largest such settlement in DOJ history. Continue reading →

Affordable where? Fed efforts to cool the market still don’t create affordable housing

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Although the Fed’s move to calm the market is a step in the right direction, it may not ultimately have much effect on affordability. Anthony West outlines the factors that are contributing to ongoing home value increases. Continue reading →

Why super long mortgages won’t be a thing, and why that’s good news

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Longer loans, including a 50-year concept recently floated in the U.K., are sometimes framed as a way to improve housing affordability. But the experts aren’t convinced. Continue reading →