Mortgage Industry News
The New Normal: Monthly Mortgage Payments of $2,000+ a Month
“Just when did the $2,000 monthly mortgage payment become the norm?” said Black Knight Vice President of Enterprise Research Andy Walden. Continue Reading The New Normal: Monthly Mortgage Payments of $2,000+ a Month
Redwood Trust Announces Launch of Home Equity Investment Platform
“Redwood has a history of bringing innovative solutions to the non-Agency housing market and we are thrilled to begin directly offering HEI,” said Christopher Abate, CEO of Redwood. Continue Reading Redwood Trust Announces Launch of Home Equity Investment Platform
CoreLogic: Mortgage delinquencies are down
Source: Houston Agent Magazine --- Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon. CoreLogic’s...
Your debt-to-income ratio is crucial to getting approved for a mortgage — here’s how to calculate yours
Source: CNBC --- There’s a lot that goes into the home buying process, especially if you’re a first-time home buyer. One criteria mortgage lenders use to assess your mortgage application is the debt-to-income ratio (DTI). Your debt-to-income ratio is a comparison of...
Step-by-Step Guide on How To Buy a House in 2023
Source: MSN --- Buying a home is an integral part of the American dream. There's something special — almost sacred — about the idea of owning your own property where you can raise kids and grow old with your spouse before passing on that property to your descendants....
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Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
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