The housing market has begun to breathe a sigh of relief as the economy has continued recovering from the bust in 2008. After much speculation and strong indicators of a
In May, pending home sales reached their highest level in nearly a decade. This strongly indicates that the announcements made last week of strong new and existing home sales across
Greece’s decision to reject the set of reforms imposed by the Eurozone creditors may have been a bold one, but it’s causing ripples in the global economy and greatly influencing
For the very first time in recent years, an array of indicators are signifying that present and future conditions of the Fed’s Zero Interest Policy is going to change. These
For the third week in a row, the average long term mortgage rates within the United States are up. According to Freddie Mac, the average rate for a 30 year
In May 2015, the National Association of Realtors (NAR) released the information from a study they conducted about the near-term challenges of the real estate industry. This information affects real
With home prices increasing without the aid of imprudent money lending in many cities in the U.S., it is easy to think about investing in real estate. Nevertheless, there are
As home prices continue to soar this spring, many experts begin to wonder if we are in the midst of a new housing bubble. After much discussion and careful consideration
News that the Federal Reserve will further delay the Fed Fund Rate increase seems worrying to economists who know the risks involved when nothing is done in business. During March’s
Thanks to a substantial rise in purchase mortgage application and a decrease in refinance activity, the Mortgage Bankers Association’s Market Composite Index was left essentially unchanged as of April 3rd.
Before the housing bubble burst in 2008, Denver, like many cities, was in the middle of a real estate boom. Home construction was extremely lucrative and houses were selling like
Nearly a decade after home prices peak and the housing bubble burst, rental prices are soaring across the country. Cities like Denver and Dallas are quickly approaching rental prices that
According to Freddie Mac’s economists, 2015 could be the best year for new home construction and house sales in 8 years. There were 5.8 homes sold in 2007 and this
With so many different lending institutions and mortgage programs available in the financial market these days, it’s hard to keep track of what is what, and which new mortgage programs
In recent years, lower credit scores have created a situation where borrowers have been denied loans, creating a pent-up demand in the market. In May, credit eased and we are
It is interesting to see how technology changes have impacted the origination process, and with time companies are trying to depend more on digital documentation instead of focusing strictly on
If you are in the mortgage industry, then it is very important to be sure that you are paying attention to the trends in order to determine if rates are
As an independent mortgage professional, it can be difficult to manage and understand all of the requirements that are needed in the complicated CFPB environment. If you have questions about
We have seen the trends of big banks that are retreating away from the market of wholesale lending, mainly because of the financial crisis wake. Three of the big banks
If you are a busy loan originator, then it is likely that you are considering the idea of hiring an assistant if you don’t already have one. Some loan officers
In recent years, the real estate trends have been moving up and down. We’ve seen higher trends where many people are buying homes, and other years when the sales have
