Tag Archives: new mortgage rules

Average Time to Close: 44 Days

Posted on May 20, 2016 by Erin Johnston

Daily Real Estate News | Friday, May 20, 2016 For the second consecutive month, the average time to close all loans stayed at 44 days, suggesting that new mortgage rules that took effect this fall are having less of an … Continue reading →

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Expect a Strong Spring Housing Market

Posted on February 29, 2016 by Erin Johnston

Daily Real Estate News | Monday, February 29, 2016 Recent housing and economic reports predict we’ll see solid spring home sales, according to Jonathan Smoke, realtor.com®’s chief economist. Here are some signs: On jobs: “Job creation — arguably the most … Continue reading →

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New Mortgage Rules Soften Loan Demand

Posted on October 14, 2015 by Erin Johnston

Daily Real Estate News | Wednesday, October 14, 2015 The rate of mortgage applications has been volatile in recent weeks: The latest numbers show applications dipped 27.6 percent week-over-week on a seasonally adjusted basis for the week ending Oct. 9, the … Continue reading →

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New Mortgage Rules In Effect

Posted on January 17, 2014 by Erin Johnston

Starting January 10th, 2014, new rules will be instated designed to help make mortgages safer. Unfortunately, these new rules come at a difficult time as fewer homeowners are refinancing and could result in less choice for borrowers. With lending already … Continue reading →

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