For a fifth subsequent quarter, the level of residential loan delinquencies continued to drop. According to the Mortgage Bankers Association, the current 6% level is the lowest since 2007 and it
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Toll Brothers Revenue Grows, As More Units Are Sold
3762 ViewsToll Brothers Inc., a home building company based in Horsham Pennsylvania, announced a 29 percent increase in its quarterly revenue due to the sale
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Housing Market Projects Are Looking Brighter for the Spring
2822 ViewsUnemployment, the high cost of just about everything and bills piling up to the sky..We have been facing all these problems for awhile now. The
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US Construction Spending on a Record Rise Despite Sluggish Economy
1678 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
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Varying Views of Economists on Falling Oil Prices for Home Construction
1328 ViewsFalling oil prices on housing has been one of the most controversial topics for economists. They view such idea from different perspectives. Some
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Peak Sales for Existing Home in July 2014
65 ViewsSo far this year, July registered peak sales for existing homes, according to the National Association of Realtors® (NAR). Sales increased 2.4% from
Read more ...New Mortgage Type Available with DC Lender
42 ViewsWhereas adjustable rate mortgages (ARMs) have the advantage of low rates, fixed-rate mortgages stand out by the predictability of the monthly
Read more ...Checking the Backyard of Your Finances – Too Many Credit Cards?
95 ViewsYour credit report spills out “secrets” you may have forgotten about, long ago. It could be an unpleasant surprise to discover a large number of
Read more ...Reverse Mortgage Fees and Rates
796 ViewsAre Reverse Mortgages really that good a choice? The major concern with a Reverse Mortgage is that of high costs. There are various reasons for
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Why Mortgages and the ER are so much alike!
37 ViewsA good insight of the mortgage world mechanisms can give one the ability to see the ups and downs in the market and grasp the similarities with other
Read more ...Why is credit score important?
69 ViewsWhy can some people get a loan easily and others don't? This is a big question given the fact that lots of people are rejected or sold loans on very
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Fannie-Freddie Multifamily Mortgage Model
61 ViewsAfter the U.S. housing crash, the apartment-lending units of Freddie Mac and Fannie Mae (FNMA) were among the few money making sources for these
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Mortgages and Discriminations – Green is the only color that should matter!
27 ViewsAlthough everybody’s money looks green, there are lots of voices that make accusations of discrimination in mortgage approval. The starting
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