When consumers are facing a personal financial crisis, prominent credit products like mortgages take a backseat to unsecured personal loans
The draft includes the removal of the Housing Trust Fund program
Mortgage rates broke 4% last week for the first time since November as the market reacted to strong employment data
Recent stats point to an improving housing market across the country, but one leading player believes that could be negatively impacted if rates are raised too soon.
Commissions may not be the highest in these regions, and with suspect job growth expected, originators in these cities may continue to struggle to earn their commissions.
A recent national survey shows that while almost two-thirds of millennials feel they don’t have enough for the typical down payment for a home, more than half plan to be homeowners within two years.
New home mortgage applications down… Super-jumbo mortgages increase… No rentals in Manhattan… Maryland housing market strong in May…
Despite three major banks ratcheting down on their mortgage servicing portfolios, two others have stepped in to fill the void, according to recently released statistics on mortgage market share.