Homeownership has plummeted in recent years – a decline apparent across nearly all demographic groups. But one group has bucked the trend
“Housing is not repeating the bubble period of 2000-2006,” says S&P director
In light of recent mortgage interest rate decreases, the population of potential refinance candidates currently sits at 7.1 million, according to new Black Knight Financial data, unless rates begin to climb.
Since banks have been reducing their production, specialized non-bank companies have been stepping in and their share of mortgage lending is soaring.
First-time homebuyers lead the surge in its mortgage production last month with over 50% of its purchase volume going to the group.
Depending on where you live, you could be making thousands more a year. How does your salary stack up to other loan officers in the United States?
Scammed! Homeowners lose out to fraudsters… Flood insurance premiums higher as from this month…N.Y. penthouse discounted by $14 million…
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