Tag Archives: credit

More Owners Are Using Their Equity Again

Daily Real Estate News | Tuesday, August 29, 2017 Home prices continue to rise and more homeowners are tapping into their home equity, making home equity lines of credit and cash-out mortgage refinances popular again. Home equity line originations jumped 8 percent to … Continue reading

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New Program to Help Buyers Bypass Appraisals

Daily Real Estate News | Monday, August 21, 2017 Mortgage giant Freddie Mac has announced a new program allowing some home buyers to skip a traditional appraisal, which could lower the fees the buyers pay and speed up the closing … Continue reading

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How Long Does It Take to Get a Mortgage?

Daily Real Estate News | Tuesday, June 13, 2017 Home shoppers may need to plan for more time than they realize when they’re starting the process of obtaining a mortgage. “Today’s mortgage process is very involved, particularly with regard to … Continue reading

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12M New Households, 1M Fewer Homeowners

Daily Real Estate News | Monday, June 12, 2017 What will it take to make homeownership a national priority? Despite the addition of about 11.8 million households between 2006 and 2016, there are roughly 1 million fewer homeowners today than … Continue reading

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House Votes to Repeal Key Aspects of Dodd-Frank

Daily Real Estate News | Friday, June 09, 2017 The House voted on Thursday, mostly along partisan lines, to roll back many of the banking rules under the Dodd-Frank Act of 2010, which increased regulatory oversight of financial institutions. Some … Continue reading

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Credit Scores Hit Record High

Daily Real Estate News | Wednesday, May 31, 2017 Credit scores among U.S. consumers surged to a record high this spring. Further, the share of borrowers considered among the riskiest borrowers hit a record low. The higher credit scores could … Continue reading

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If Buyers Want to Save Money: Tell Them to Shop

Daily Real Estate News | Friday, April 28, 2017 Home buyers who don’t gather more than one quote when shopping for a mortgage may be losing out on some savings to their monthly payments. Lenders can offer a wide dispersion … Continue reading

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Millennials Want Home Equity Access

Daily Real Estate News | Tuesday, April 04, 2017 Homeowners are tapping into equity at the fastest rate in eight years, thanks to rising home prices. And millennials are leading the pack of those who are cashing in. In 2016, … Continue reading

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Trump’s Congressional Address: What Matters to Real Estate

Daily Real Estate News | Wednesday, March 01, 2017 In his address to Congress on Tuesday night, President Donald Trump renewed his pledge to rebuild the country’s infrastructure, replace the Affordable Care Act, and reform taxes for businesses and individuals—all … Continue reading

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