Record-breaking home price appreciation is changing borrower behavior and the make-up of the mortgage market, said Black Knight Secondary Marketing Technologies President Scott Happ. Continue reading
Lenders can use borrower’s actual monthly student loan payment when calculating their overall debt burden. Continue reading
At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading
After throwing in the towel on a $2.7 billion merger, Genworth considering spinning off its mortgage insurance division. Continue reading
With the pandemic’s impact on homeowners still uncertain, Secretary of Housing Marcia Fudge says a cautious approach is warranted for now. Continue reading
There’s a wealth of low down payment options for millennials and first-time homebuyers if you know your clients and where to look. Here’s how to guide them through the plethora of options available to them. Continue reading
What’s your biggest challenge with financing? From inventory shortages to lackadaisical buyers to lender confusion, here are the biggest issues readers are seeing. Continue reading
Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece th… Continue reading
It’s been a long, strange year, but that doesn’t mean we don’t have ample reasons to give thanks. Here are a few thing all agents can be thankful for this Thanksgiving. Continue reading
National Association of Realtors leaders struck a celebratory tone at NAR 360, the trade group’s kick-off event for its annual Realtors Conference & Expo Thursday. Continue reading