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The Fed Funds Rate: Good for the Housing Market?

03.23.2017

Conventional wisdom suggests that rising Fed Funds rates are bad news for the still-recovering US Housing Market. 

CFPB Handles Credit Reporting Issues

03.03.2017

As of February 1, the Consumer Financial Protection Bureau (CFPB) has handled close to 185,700 complaints from consumers about credit reporting companies (CRC).

Refis Up, Purchase Originations Down

03.02.2017

Purchases may be on the decline, but it seems refinances are bucking the trend. According to ATTOM Data Solutions’ Residential Property Loan Origination Report, refinance originations were up 20 percent in Q4 2016—totaling 883,836 and $246 billion. This is up 27 percent over the year.

Half of Buyers Surprised at the Closing Table

02.28.2017

Buying a home is stressful enough, but arriving at the closing and learning of unexpected costs can add to the stress. A new survey reveals that 50 percent of homebuyers are surprised at the amount of closing costs when they go to sign closing papers.

West Coast Leading the Charge in Sellers’ Market

02.17.2017

In the latest report from Seattle, Washington based Zillow released on Tuesday, San Francisco and San Jose, California top the list of best locations for the seller’s market. Other cities that made the best sellers list includes Denver, Seattle, and Sacramento. Homes in these five locations usually stay on the market for approximately 54 days and rarely see a decrease in home values.

U.S. Residents Satisfied with Home Size

01.31.2017

Online real estate marketplace Point2Point Homes recently issued the results of a survey intended to discover home-size preferences across multiple regions of the world. The firm surveyed 29,000 participants across 9 different target countries to find out just how large homes were in various nations.

Optimism Surges Among Potential Millennial Buyers

01.26.2017

The new administration spurred a surge in optimism among non-homeowning millennials for the housing market this year, according to the latest quarterly Modern Homebuyer Survey for ValueInsured released Wednesday.

Predicting the Path of Mortgage Rates in 2017

01.05.2017

Interest rates on fixed-rate mortgages have risen by approximately 75 basis points over the last eight weeks and are at a two-year high. But how much higher are they going to get?

Financial Institutions Grapple With Compliance Costs

12.29.2016

A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.

Fed’s Projections Push Mortgage Rates Higher

12.23.2016

Earlier this month, the Federal Reserve raised the federal funds target rate by 25 basis points—just like last December.

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