MOTGAGE NEWS

  • 2013 - A remarkable year for VA Loans

    The volume of loans offered by Department of Veterans Affairs in 2013 was huge and it is considered to have touched the crest of upward trend that started since the housing market witnessed a collapse. A staggering amount of mortgage ...

  • Rising rents lead to drop in vacancy rate of apartments in US

    According to a recent report released by industry, the apartment vacancy rate in US has dropped to a level considered to be lowest in a decade, while sluggish income growth has contributed in moderating the increase in rent. The apartment ...

  • Introduction of new mortgage rules in US

    Aimed at protecting borrowers against risky and uncertain lending practices, new mortgage rules were launched in US. With the introduction of new rules the two terms that you now should be aware of are: Ability-to-repay and Qualified Mortgage. The first ...

  • Recent surge seen in volume of mortgage applications in US

    According to a recent statement made by Mortgage Bankers Association, an astonishing 12% rise has been seen in the average volume of applications for mortgage on the basis of seasonal adjustments and the recent fall in interest rates is being ...

  • Waiting for the mortgage slump to end

    With new mortgage rules, like Ability-to-repay and Qualified Mortgage, being launched, little hope remains that the slump mortgage market is experiencing will recover anytime soon. The rules are already being termed as complicated, as they require technological capabilities beyond average ...

  • Slow appreciation rate of property prices

    Appreciation that real estate market witnessed in previous year is sure to continue, but it might not happen at the same pace, as mentioned in a latest report, which has established this finding taking into account 1000 above counties and ...

  • Mortgage Rates hit their lowest in the last 6 weeks

    Mortgage rates have slowly managed to edge their way down to the lowest they have been in the past 6 weeks. Over a time period, almost covering the last three financial quarters, this is the first time in which interest ...

  • A forecast for the year 2014

    On Friday, the United States Census Bureau made an announcement about the start of the construction of an estimated 923,400 housing units in the year 2014. As many may know, this is far below the forecasts made by a number ...

  • NMHC Survey shows a softening in the apartment markets

    According to a news release, a survey by the National Multi Housing Council (NMHC) based in Washington, D.C. showed that apartment market conditions are weakening in the month of January, especially when compared with the conditions from the month of ...

  • Reverse Mortgages Draw B-School Professor into the Industry

    Reverse Mortgage loans have always had a bit of a bad rap according to regulators, like the Consumer Financial Protection Bureau. According to the CFPB, these loans had a propensity to tempt senior citizens into leveraging the equity of their ...

  • Decline seen in mortgage rates - New lowest in 2014

    A significant surge in mortgage rates has been noticed today. It is a surprise change considering the rise mortgage rates witnessed during initial days of this week. If we take a look at the scenario on Friday, it can be ...

  • Now's the time to take advantage of lower mortgage rates

    There has been a significant reduction in mortgage rates which came about as a result of a fairly weak employment report. This reduction is not exactly a new phenomenon, with the rates of interest on mortgages continuing to lower all ...

  • Energy Efficient Mortgages and how they can help you

    As the recent cold wave (or the Polar Vortex, as it is not – so lovingly known) swept across America, many home owners were made painfully aware of the importance of having a home which was energy – efficient. However, ...

  • The ups and downs of quantitative easing

    The recent quantitative easing programs which are being offered by the Federal Reserve are currently under analysis by economists who have been studying the Federal Reserve System in an attempt to figure out whether or not the monetary policy followed ...


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