Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
According to Case-Shiller, home prices grew last year at twice the rate of inflation, and new home sales remain weak despite strong economic fundamentals.
More than half of mortgage originators find their careers less rewarding than in the past, but many are still anticipating a brighter future.
The Los Angeles-based company has launched alternative mortgages in the state of Washington.
Most of the time, we're only considering what can be quantified. What we often forget, though, is that our industry--just like every other--is all about people.
CEO Ronald Faris is shrinking the company after experiencing a 74% drop in shares since last February.
Despite interest rates remaining near historic lows, existing-home sales dropped last month due to low housing supply and the ongoing rise in home prices above the pace of inflation.