Tag Archives: mortgages

5 ways the pandemic mortgage boom has changed the market

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Mortgage experts Ann Thompson and Christian Wallace share how the pandemic changed the mortgage market and what it means for today’s consumers. Continue reading →

Is Walmart gunning for the mortgage industry? Experts say yes

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Experts Holden Lewis, Greg McBride and Jill Gonzalez share their thoughts on Walmart’s foray into fintech and what it could mean for the mortgage industry. Continue reading →

COVID-19-related forbearance volumes decline for first time since pandemic hit

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Active COVID-19-related forbearance volumes declined by a net 34,000 for the week ending June 2, the first weekly decrease since the CARES Act went into effect, according to data released Friday. Continue reading →

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 →