Planet Home Lending, a national mortgage lender and servicer, has introduced 1st Year Flex as a loan option for people who want to pursue homeownership with a lower monthly payment for one year. According to the Meriden, Connecticut-based company, 1st Year Flex is a...
Bismarck, North Dakota-based BNCCORP Inc. (OTCQX: BNCC) announced it is exiting the residential mortgage origination space and selling the mortgage division of its wholly owned subsidiary, BNC National Bank, to First Federal Bank of Lake City, Florida. BNC’s...
Inflation is still weighing down Canada’s economy while the nation’s housing market remains in a rut, according to new research from The Conference Board of Canada. “Higher mortgage rates have slowed residential demand and, unsurprisingly, the resale market has...
Primestone Partners, a New York City-based management company with interests in corporate housing, software development and real estate finance advisory services, has appointed technology strategist Jordan Brown as non-executive chairman of its new technology advisory...
One of the most influential commentators on housing policy is Dr. Anthony B. Sanders, chief economist at Artesia Economics. Sanders was previously a distinguished professor of real estate finance at George Mason University is a former head of asset-backed and...
More than half of U.S. millennials are now homeowners, having transitioned the demographic from a renter-majority to owners-majority status in 2022. According to new data published by RentCafe, 52% of U.S. millennials were homeowners as of last year. This demographic...
Inflation Just Put Mortgage Rates Back in the Crosshairs
