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Another Month, Another Decrease in Mortgage Rates

08.22.2019

Ellie Mae’s July Origination Insight Report found that the 30-year mortgage dropped for the seventh-consecutive month to 4.18%

Education is Essential in the Mortgage Process

08.07.2019

Although the majority of Americans favor homeownership, Fannie Mae’s latest National Housing Survey revealed many overestimate the qualifications and what it takes to own a home. 

Fed Slashes Interest Rates

08.01.2019

Interest rates have been cut for the first time in a decade, as the Fed announced Wednesday that rates will drop by a quarter of a point. 

Existing vs. New Home Sales

07.26.2019

According to the National Association of Realtors (NAR), existing-home sales fell by 1.7% in June month-over-month, to a seasonally adjusted annual rate of 5.27 million. Additionally, half of the major U.S. regions recorded minor sales jumps while the other half experienced greater declines.

Mortgage Lenders vs. Growing Technology

07.18.2019

The growing use of technology in the mortgage space is what most lenders call their biggest competitor, according to analysis from Fannie Mae

Fannie Mae: Examining “a Divergence in Housing Affordability”

07.09.2019

Mounting concerns over supply and affordability are driving down consumers' home purchase decisions, according to the latest Fannie Mae Home Purchase Sentiment Index (HPSI).

Housing Market Primed for Sellers?

06.25.2019

The number of Americans that believe now is a good to sell jumped in Q2 2019 to 46%, according to information by the National Association of Realtors (NAR)

Mortgage Rates Leveling Off

06.20.2019

Freddie Mac’s Primary Mortgage Market Survey (PMMS) reveals mortgage rates have stabilized, with the most recent 30-year fixed rate mortgage coming in near 3.8% for the third-consecutive week.

The Best States for Homeowners

06.14.2019

While Iowa may have the lowest housing costs, and West Virginia has the highest homeownership rate, Massachusetts is ranked as the best place to live overall, according to a recent study from WalletHub. Based on five main indicators: affordability, economy, education and health, quality of life, and safety, Wallethub determined which states were the “best places to live.”

The Pendulum Swing Between Rental and Homeownership

06.06.2019

Demand for homeownership is waning as more residents prefer renting over buying a home, according to the latest national index produced by the Florida Atlantic University (FAU) and Florida International University faculty.

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