In this week’s Mortgage Market Update, we’ll examine the Consumer Financial Protection Bureau’s new appraisal requirements and how it will affect home closings. We’ll also take a look at how
In this week’s Mortgage Market Update, we’ll take a look at how mortgage rates are currently trending, how the situation in the Ukraine is affecting the U.S. market, and how
Foreclosures Fall to Lowest Level in Six Years
Data from RealtyTrac, a foreclosure tracking site, has provided further proof that the mortgage and housing market is making great strides in the
In this week’s Mortgage Market Update, we’ll look at the Non-Farm Payroll report and how it affects mortgage rates. We’ll also take a look at how rates are currently trending.
In this week’s mortgage market update, we’ll explore what may lie ahead for mortgage rates in 2014 as well as identify how rates are currently trending.
2014 Mortgage Rate Forecasting
HVCC and the New Appraisal/Lender Relationship
Many real estate agents have shared their confusion with us about the appraisal procedure for lenders. Some believe HVCC is still around (it’s not), and
How will QM/ATR affect your business?
Back in late October, we began delving into the topics of Qualified Mortgage (QM) and the Ability to Repay (ATR) rules. If you missed the
Ability to Repay and Qualified Mortgages
You’ve probably noticed there’s been a lot of talk recently about the Ability to Repay (ATR) and Qualified Mortgages (QM) rules. If you’re a mortgage
How the Government Shutdown Affects Real Estate
The partial government shutdown is now into day 14, and the U.S. is facing mounting financial pressure. According to a recent article from NBC,
Out of the frying pan and into the fire.
Last week, mortgage pros and potential home buyers breathed a sudden sigh of relief when the Federal Reserve announced that it would