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Move over Fannie, the non-QM loan is in the fast lane

Move over Fannie, the non-QM loan is in the fast lane

by Third Party | Dec 11, 2021 | Industry Updates, Mortgage Information

Source: Housing Wire —  In the world of mortgage-financing, there exists a product line defined by what it is not — non-qualified mortgage (non-QM), non-prime, non-agency or an alternative-documentation loan.  In the secondary market, these non-QM loans are in...
Two Reasons Why Waiting To Buy a Home Will Cost You

Two Reasons Why Waiting To Buy a Home Will Cost You

by Third Party | Dec 10, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Keeping Current Matters —  If you’re a homeowner who’s decided your current house no longer fits your needs, or a renter with a strong desire to become a homeowner, you may be hoping that waiting until next year could mean better market conditions to...
Will we start 2022 with all-time lows in housing inventory?

Will we start 2022 with all-time lows in housing inventory?

by Third Party | Dec 10, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Housing Wire —  My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6.2 million, we could be at risk of housing inventory falling to such low levels that I would have to...
Fewer homeowners, more renters miss housing payments in the fall

Fewer homeowners, more renters miss housing payments in the fall

by Third Party | Dec 10, 2021 | Mortgage Information, News/Current Events

Source: Scotsman Guide —  Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals....
Home price growth is finally decelerating—and it’s just the start

Home price growth is finally decelerating—and it’s just the start

by Third Party | Dec 9, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Fortune —  Exhausted. Frustrated. Stretched. Those are all reasonable emotions for home shoppers to be feeling right now. After all, home prices rose faster this year than any period in tabulated U.S. history: Between August 2020 and August 2021, U.S....
8 Mortgage Myths That Waste Time and Money

8 Mortgage Myths That Waste Time and Money

by Third Party | Dec 9, 2021 | Mortgage Information

Source: Money —  A lot of work goes into applying for a mortgage — from rounding up your financial records to making sure your credit score is in tiptop shape. Another important item for your to do list: looking out for misinformation and bad advice. There are...
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