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The average size of a new mortgage just set a record, as home prices continue to climb

The average size of a new mortgage just set a record, as home prices continue to climb

by Third Party | Feb 16, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: CNBC —  Homebuyers are facing one of the priciest housing markets in history, and that means they need larger mortgages than ever before. While mortgage demand is falling, due to rising interest rates, the size of the average purchase loan application...
Servicing platforms for mortgage lenders will be buffer for rising rates, says Argus’ Heal

Servicing platforms for mortgage lenders will be buffer for rising rates, says Argus’ Heal

by Third Party | Feb 15, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: CNBC —  Kevin Heal, Argus Research, joins ‘Power Lunch’ to discuss which mortgage lending stocks are best set up for growth and how rising interest rates will affect the sector.   ​ Read...
Is Costco Good for Mortgages?

Is Costco Good for Mortgages?

by Third Party | Feb 15, 2022 | Mortgage Information, News/Current Events

Source: US News —  Costco is known for selling jumbo quantities of food and toiletries, rotisserie chickens and pizza, and furniture and large appliances from its warehouse-style stores across the country. The members-only wholesale chain also offers something...
Lovett: House to consider housing choice voucher bill

Lovett: House to consider housing choice voucher bill

by Third Party | Feb 13, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Eagle Times —  How many of us have experienced financial hardship due to circumstances beyond our control? Job markets, education and experience levels, family dynamics, and health all impact our earning ability. When that ability is outpaced by the cost...
Could Luxury Homes One Day Fill America’s Languishing Office Buildings?

Could Luxury Homes One Day Fill America’s Languishing Office Buildings?

by Third Party | Feb 13, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Realtor —  As American manufacturing declined over the decades, major cities inherited vast stretches of disused factories and warehouses. Eventually, savvy owners and developers redesigned and renovated that manufacturing space to create desirable...
Don’t Let Student Loans Delay Your Homeownership Dreams

Don’t Let Student Loans Delay Your Homeownership Dreams

by Third Party | Feb 12, 2022 | Mortgage Information, News/Current Events

Source: Keeping Current Matters —  If you’re looking to buy a home, you may be wondering how your student loan debt could impact those plans. Do you have to wait until you’ve paid off your student loans before you can buy your first home? Or could you qualify...
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