Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 6.38 percent of all loans outstanding at the end of the first quarter of 2021
Pending home sales increased in March, snapping two consecutive months of declines, according to the National Association of Realtors®. All but one of the four major U.S. regions experienced month-over-month gains in March
If you are considering going through with a divorce or are already in the middle of one, you more than likely feel overwhelmed with the multitude of decisions that need to be made. Finding a new place to live or deciding to stay in your marital home is one of the biggest decisions to make during a divorce
Jumbo loans offer an alternative to mortgage lending from other services, such as conventional, refinance and cash-out. The advantage of using a jumbo loan, is that in some cases, you are able to get loans up to $2,000,000, sometimes even higher.
Buying a home is exciting. Yet, it can be tiring and laborious. It demands a lot of your time and effort in processing the needed requirements. One of the most tiring steps is shopping for a mortgage. So, if you are a first-time homebuyer who wants to remove some of the headaches from the mortgage process, working with a mortgage broker can be a great help for you.
Reverse mortgages can be very useful for seniors trying to survive the cost of retirement. It is estimated that between 2% and 3% of seniors have taken out reverse mortgages. That figure is expected to grow as more seniors discover the benefits that reverse mortgages provide.
Canyon Title Inc., a Boston National Company, announced today they will be co-hosting a webinar with fraud prevention expert Tom Cronkright, CEO of CertifID. The webinar, "To Catch A Fraudster," is scheduled for April 14th at 11 a.m. Eastern/9 a.m.
In a matter of days, moratoriums are set to expire as millions of people are still struggling to pay their mortgage and rent. Meanwhile, scammers are selling them false solutions. The Consumer Financial Protection Bureau advises that as many as 11
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 9 basis points from 5.05% of servicers' portfolio volume in the prior week to 4.96% as of March
Delinquency rates for mortgages backed by commercial and multifamily properties decreased again in March, reaching the lowest level since the onset of the COVID-19 pandemic, according to the Mortgage Bankers Association's (MBA) latest monthly CREF
One of the best experiences in a person's life is buying that first house. The process can be complicated and even disappointing if a person is not prepared for financing the home purchase. Not many people can pay cash for the first house. Most of us need to secure a home mortgage to buy a home. After planning and saving for years, it is time to buy a home.
Nobody could ever foresee a global pandemic moving into 2020. It’s spread has left a global economic crisis, businesses counting losses and not forgetting the countless government initiatives to enforce lockdown measures such as social distancing and travel restrictions in aid to tackle the spread
With the median sold price for residential properties up 11.2% compared to February 2020, buyers are acting quickly as the average time on the market was 28 days, 30% below the five-year February average of 40 days.
As housing wealth is increasing, and the uncertainty of the economy continues to trouble seniors planning for, or already in retirement, this may be the right time to consider a reverse mortgage.
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $3,738 on each loan they originated in the fourth quarter of 2020, down
The level of commercial/multifamily mortgage debt outstanding at the end of 2020 was $212 billion (5.8 percent) higher than at the end of 2019, according to the Mortgage Bankers Association's
Purchasing a home is a significant financial decision and will likely put you in a considerable amount of loan debt. Applying for a mortgage...
Mortgage credit availability remained unchanged in February according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae's AllRegs® Market Clarity® business
There is no argument that purchasing a house is an absolutely life-changing experience. However, it can be an extremely complex process with potential buyers considering price, location, amenities, school district, and other factors as part of the decision-making process.