Source: Scotsman Guide — With affordability hovering around all-time lows and buyer activity on the decline, more and more home sellers are recalibrating their expectations and adjusting their asking prices, according to a new report from Redfin. The median...
Source: National Mortgage News — From a debate on credit scoring models to a CFPB warning to servicers about their handling of Homeowner Assistance funds, there’s no shortage of developments at the federal level that stand to impact every day dealings in...
Source: Daily Mail — Families could be offered mortgages of 50 years or more that can be passed between generations under plans being considered by Boris Johnson. Lenders will be encouraged to let buyers borrow over terms lasting five decades or even longer so...
Source: Bloomberg — There may be signs the overheated housing market is cooling, but many buyers still feel like it’s near-impossible to get a house without an all-cash offer, or something close to it. One way to get your hands on that amount of cash is to...
Source: Mortgage News Daily — Mortgage rates have been volatile in 2022. Most of that volatility has played out in the form of higher rates. The past 2 weeks have been a notable exception. To understand why this is happening, we first need to consider that...
Source: Mortgage News Daily — Inflation is the enemy of low interest rates. As such, the mortgage market was waiting patiently for this week’s key inflation report released this morning. Thankfully, it showed inflation was running a bit cooler than...
Report: Renting a Home Is More Affordable Than Homeownership in All 50 Majo…
