US Mortgage Market

Mortgage Tops List of December Consumer Complaints

The Consumer Financial Protection Bureau (CFPB) has released their monthly complaints report for the month of December and it highlights mortgage as having the most number of complaints reported, especially with mortgage companies like Citibank, Wells Fargo and JPMorgan Chase.

Black Knight Predicts Housing Real Estate Will be too Pricey for Homebuyers in the Future

Black Knight Financial Services says that with home prices getting higher year-over-year, the firm believes there will come a time when homes would become unaffordable.

Lower Interest Rates Increase Volume of Refinance, Mortgage Applications

Many perceived that higher mortgages rates in 2016 would result in a decrease of mortgage applications. But on the contrary, mortgage rates actually declined even further last week - causing a spike in the volume of the mortgage market.

Fox News Columnist Cal Thomas Wants People to Believe a Housing Crisis Is Hitting the US Again

Cal Thomas, tagged as “America’s most syndicated op-ed columnist” is confidently forecasting that the United States is inching towards another housing crisis.

NTC Reaches 25-Year Milestone in the US Mortgage Lending Industry

NTC has now reached its 25th year in the U.S. mortgage lending industry. Nationwide Title Clearing, Inc. (NTC) celebrated its 25th year of service in the U.

New Reverse Mortgage Laws Provide Investment Protection

Reverse mortgages have been getting nods from media in the past months as recent laws protecting homeowners and reducing chance of foreclosure or eviction have been passed, Huffington Post reports.

Home Mortgage Tips: Understanding FHA Loans, What It Means, And What Are Its Advantages And Disadvantages

First time home buyer? You might have heard about FHA loans. An FHA loan is what you need if you do not have enough cash to drop a 20% down payment on a home mortgage. FHA, or Federal Housing Administration, was created in 1934 by the US Congress to help people be eligible for a home loan even if they have low income.

US Mortgage: Increase in Commercial and Multifamily Loans Seen By Lenders in 2016

With strong demand from borrowers and with eager lenders willing to cater to such needs, the Mortgage Bankers Association recently reported that 2016 will be a big one for commercial and multifamily loans.

Real Estate Forecast: Top 10 Real Estate Market for 2016

As 2015 starts to bid its goodbye, real estate market is ready to kick- off and start the real estate market for 2016. Several reports have released predictions of the top 10 real estate market to watch out for in 2016.

Should Retired Citizens Pay Off Their Mortgage Debts?

Is it significant to pay off mortgages up until retirement? Mortgage is something that that one could not easily escape from, not unless you'd allow your home to be taken away.

Quicken Loans' Rocket Mortgage Completes Mortgage Applications in 8 Minutes

Quicken Loans has released an 8- minute online full mortgage approval with Rocket Mortgage which gives power to both house buyers and home owners to customize the entire mortgage process beginning from application up to the closing.

Mortgage Tips: How To Compare Mortgages From Different Lenders

Buying your new home is a very big financial step, especially if a mortgage financing is needed. The best way to determine if you are getting the best mortgage deal, is to look around. But with so many lenders to choose from, you may find it tough to pick one. So here are some tips in comparing mortgage deals from different lenders so you can be one step nearer to choosing a good mortgage provider.

Ed Sheeran Paid Off His Friend's Mortgage with His Song, 'Thinking Out Loud'

Ed Sheeran helped his childhood friend Amy Wadge to pay off her mortgage through song credits. Ed Sheeran helped his childhood friend Amy Wadge to pay off her mortgage through song credits.

Implementation of New TRID Caused Mortgage Applications to Plummet with 28%

Mortgage application market has experienced a surge before a new TRID take into effect which made the applications jumped with 25 percent. However, mortgage applications dove down with 28 percent last week after the new TRID has taken effect.

Bank of America Has Released its Income Report for the Third Quarter

Bank of America has released their income report for the year's third quarter. The report indicated an "originated $13.7 billion of first-mortgage loans and $3.1 billion of home equity loans."

New Mortgage Policies Caused Uncertainty in Mortgage Industry's Future

Mortgage Bankers Association is set to hold their annual convention for this year and many topics are in line to be discussed. As the new mortgage policy has already taken into effect, what will be the significant changes in the mortgage industry the policies will bring?

Mortgage Rate Hits Lowest Record in Six Months with Less Than 4%

Strong U.S. dollar and robust employment has once again made the mortgage rates hikes to be postponed which makes an average 30- year mortgage rate to reach lower than 4 percent.

How To Prepare For The Rise In Mortgage Rates

As of now, the mortgage rates are still consumer friendly. The rates have been in its all time low so buyers are finding it quite easy to achieve their dream homes. But knowing how the economy works, or at least how everything works, what went down can also rise back up. The economy is expected to rebound again in 2016 and expensive mortgages ca arise once again.

Mortgage Application Surges with 25.5% Due to New Mortgage Rules

Mortgage application increased with 25.5 percent as mortgage rates lowers and borrowers rushed to file their applications before loan disclosure changes again.

Real Estate: 4 Reasons To Refinance Your Mortgage

Refinancing sounds like a nice idea if you think about the amount of money you can save per month; that should get you a nice car, new furniture, a family vacation, or a fatter savings account. However, it is not as simple as that. Though the low interest rate is tempting, it still doesn't mean that it's the right option for you.

'Weststar Mortgage Corporation' Merges with 'Goldwater Bank' for a Stronger Mortgage Lending Business

Weststar Mortgage Corporation will soon merge with Goldwater Bank after acquiring the company through stocks.
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