Loan Archives - Page 11 of 23

Loan

Mortgage monitor: Housing inventory hits two-year high as prices cool

Shehryar JoyiaJune 4, 2024

“Softening price growth in April has dropped us below the long-run average,” Walden said in the report. “We’ve seen the rate of appreciation slow on an adjusted level as well,...

Loan

Homebuyers sacrifice space for affordability – survey

Shehryar JoyiaJune 4, 2024

“Buyers place a high value on homeownership and are prepared to make significant compromises to invest in their future,” chairman Carl Harris said in NAHB’s news release. Despite buyers’ willingness...

Loan

GO Mortgage, PacRes Mortgage merge to double loan capacity

Shehryar JoyiaJune 3, 2024

The deal will combine GO Mortgage, headquartered in Columbus, Ohio, with PacRes Mortgage, a boutique lender based in Beaverton, Ore., that has specialized in serving the West for over two...

Loan

HUD announces $44 million funding for families in assisted housing

Shehryar JoyiaJune 3, 2024

The FSS program is a voluntary initiative that offers coaching and resources to families, helping them increase their earned income and reduce their reliance on welfare assistance. The ROSS Service...

Loan

Rising housing costs anchor renters in place

Shehryar JoyiaJune 3, 2024

Over 40% remained in their home for only one to four years in 2022, while one-quarter moved within 12 months - though that figure is down from 32.2% in 2012....

Loan

Stewart appoints new group president of agency services

Shehryar JoyiaJune 3, 2024

Bryant brings over a decade of experience in management, sales and customer service roles. Before Stewart, he was an account executive of Gartner’s strategic account organization. Bryant has also held...

Loan

Mortgage industry: CFPB ignores its own role in junk fees

Shehryar JoyiaMay 31, 2024

Consequences of CFPB’s actions However, Peter Idziak, a senior associate at mortgage law firm Polunsky Beitel Green, argued the probe ignores the role of increasing government regulations in driving up...

Loan

What makes a top loan originator in the VA space?

Shehryar JoyiaMay 31, 2024

“My advice to new loan officers is it doesn’t really matter what your niche is. You just have to figure out what it’s going to be – it doesn’t have...

Loan

Mortgage rates rise for the first time in a month

Shehryar JoyiaMay 31, 2024

However, Lewis noted conflicting economic signals raise the possibility that “this could be a short-lived upward blip” for mortgage rates. The rate hike weighed on mortgage demand last week, with...

Loan

Did pending home sales rise or fall last month?

Shehryar JoyiaMay 31, 2024

“April saw pending home sales drop 7.4% year over year, and 7.7% month over month,” said Kate Wood, home and mortgage expert at NerdWallet. “That bit of improvement we saw...