Mortgage News for July 2, 2021

Mortgage News for July 2, 2021

Today's Market News:Strong Focus on Ramping Up Black Homeownership in New Plan Endorsed by MBAThe MBA recently endorsed a 7-point plan from the Black Homeownership Collaborative (BHC) to greatly increase the number of Black Americans purchasing homes. The BHC is...
Mortgage News for June 25, 2021

Mortgage News for June 25, 2021

Shortage in U.S. Housing Supply Causing ConcernA new report from the NAR indicates that due to underbuilding and underinvestment, the shortage in housing is substantial, having a real effect on the health of Americans and the economy. With a significant decrease in...
Mortgage News for June 18, 2021

Mortgage News for June 18, 2021

Pandemic Gives Way to Americans RelocatingWhile the number of people moving in the U.S. has been on the decline since the '80s, the COVID-19 crisis has caused a shift. Americans are now moving more often than they have in the past 30 years, and a key factor for the...
Mortgage News for June 11, 2021

Mortgage News for June 11, 2021

While the Market is Still Hot, Here's Where Homes Are Selling the Fastest... And Slowest...Homes across the U.S. sold an average of three weeks faster in April than the same time last year, with some cities showing quicker turnover than others. Yet even where sales...
Mortgage News for June 4, 2021

Mortgage News for June 4, 2021

Within Recent Home Sales, Multigenerational Purchases RiseAccording to a survey from the National Association of Realtors, sales of primary homes to multigenerational families grew from 12 % to 15 % in just the first three months of the pandemic. Taking care of aging...
Latest Mortgage News for May 28, 2021

Latest Mortgage News for May 28, 2021

Consumers Demand Online Mortgage OptionsIn the latest mortgage news the past year has radically reshaped consumer expectations, with the availability of online mortgage options now a significant factor in choosing a lender. 58% in a recent survey by ICE Mortgage...