Mortgage
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Housing Affordability Will Remain a Significant Challenge in 2022
Low existing home inventory and strong buyer demand will keep housing moving forward in 2022 even as builders continue to grapple with ongoing building material production bottlenecks and labor shortages that will limit the pace of construction
January New Home Purchase Mortgage Applications Decreased 12.5 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2022 shows mortgage applications for new home purchases decreased 12.5 percent compared from a year ago. Compared to December 2021
zavvie reveals new iBuyer and Power Buyer Report
Despite one of the most robust seller markets in real estate on record, with homes selling "faster than you ever thought possible," iBuyers registered a breakout year in 2021
Mortgage Delinquencies Decrease in the Fourth Quarter of 2021
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.65 percent of all loans outstanding at the end of the fourth quarter of 2021
Mr. Cooper Helps You Find the Best Contractor for Your Home Needs
Finding a reliable contractor will be top of mind if you’re considering home improvement or critical repairs. Renovations can be done poorly or suffer lengthy delays without trustworthy professionals
First-Time Homebuyer? Here’s How to Get a Mortgage
Getting a mortgage is an intimidating and stressful experience, but it’s usually necessary for first-time homebuyers -- and experienced ones, for that matter. You’ll need to open your
December New Home Purchase Mortgage Applications Decreased 7.1 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for December 2021 shows mortgage applications for new home purchases decreased 7.1 percent
Mortgage Credit Availability Increased in December 2021
Mortgage credit availability increased in December 2021 according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA)
Landlord Tax Tips
As a landlord or real estate investor, you must declare rental income as taxable income when you rent property to others. The IRS offers tax guidelines for landlords reporting rental income, as well as a list of permissible tax deductions available to rental property owners.
Brokers, Title Companies, and Mortgage Companies Driving New Revenue Growth through Homeownership Services
Through its automated data capture and delivery platforms, the first PropTech franchise emerges from a likely source—MooveGuru. For five years, MooveGuru has been perfecting the consumer experience during their moving process. Now, the robust platform supports consumers with services throughout the homeownership lifecycle
MBA Loan Monitoring Survey: Share of Mortgage Loans in Forbearance Decreases to 1.67 Percent
The Mortgage Bankers Association's (MBA) new monthly Loan Monitoring Survey revealed that the total number of loans now
Existing-Home Sales Continue Upward, Increasing 1.9% in November
Existing-home sales rose in November, denoting three consecutive months of increases, according to the National Association of Realtors®. Three of the four major U.S. regions reported growth in monthly sales, while the fourth region
MBA Opens Doors Foundation Topped $4.24 Million in Housing Assistance to Families in 2021
The MBA Opens Doors Foundation (Opens Doors) today announced that it granted $4.24 million in assistance to 1,784 families with critically ill or injured children in 2021. Opens Doors provides mortgage and rental payment assistance grants
Advantages and Disadvantages of Mortgage Brokers
A mortgage broker is a third-party individual who helps connect borrowers to lenders and seeks out the best options for the borrower's financial situation. They can help save a borrower time and effort during the mortgage application process.
Mortgage Credit Availability Decreased in November
Mortgage credit availability decreased in November 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 information tool
Freddie Mac Confirms Immediate Mortgage Relief Options for Homeowners Affected by the Tornado Outbreaks
Freddie Mac (OTCQB: FMCC) today reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by the outbreak of tornadoes in Kentucky and the surrounding areas.
IMB Production Profits Increase in Third Quarter of 2021
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $2,594 on each loan they originated in the third quarter of 2021, up from a reported gain of $2,023 per loan in the second quarter of 2021
How to Avoid Losing Your Home to Foreclosure
When your financial situation changes, one of the first things you might worry about is your home. Mortgage payments might account for a significant percentage of your outgoing costs, which means it may no longer be feasible to pay the total amount each month.
October New Home Purchase Mortgage Applications Decreased 15.2 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2021 shows mortgage applications for new home purchases decreased 15.2 percent compared from a year ago. Compared to September 2021, applications increased
Share of Mortgage Loans in Forbearance Decreases to 2.15 Percent
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 6 basis points from 2.21% of servicers' portfolio volume in the prior week to 2.15%
