Elina Tarkazikis is a reporter for National Mortgage News. She is a graduate of Ramapo College of New Jersey, where she was the founding editor in chief of the school's chapter of HerCampus.com and a staff writer for its student-run publication, The Ramapo News. She has previously worked for The County Seat in Hackensack and Elvis Duran and the Morning Show, iHeartMedia's nationally syndicated radio program. Elina is also a licensed real estate agent in New Jersey, adores pets and speaks three languages.
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Purchasing power took a plunge in some of the nation's hottest housing markets, as a competitive spring purchasing season continues to drive home prices higher.
July 3 -
The decline in homeownership among young adults can be attributed to a variety of financial headwinds like student loans and societal shifts like marriage rates, but rising housing costs are the core issue, according to research by Freddie Mac economists.
July 2 -
From lowering expectations about their ideal home to moving faster to close a deal, here's a look at five ways house hunters say they would react to average mortgage rates reaching 5%.
June 29 -
While purchase mortgages account for a growing share of overall volume, industrywide investments in more automated and efficient underwriting processes have helped lower instances of fraud.
June 28 -
Commerce Home Mortgage and its parent company, The Capital Corps, are acquiring LoanStar Home Loans as a move to expand access to capital throughout the Northwest and Texas.
June 27 -
Most mortgage lenders and banks do not maintain a comprehensive vendor management strategy, exposing institutions to increased compliance risk, according to a recent survey.
June 26 -
While the digital mortgage movement has primarily focused on the originations side of lending, Black Knight's latest release seeks to apply those principles to servicing to help improve borrower retention and engagement.
June 25 -
Mortgage debt outstanding remains below pre-crisis levels and home equity is growing, even as overall consumer debt is on pace to surpass its previous 2008 peak by $1 trillion, according to LendingTree.
June 25 -
The share of consumers confident that it wouldn't be difficult to obtain a mortgage in the current market shot up 10% from a quarter ago, according to the National Association of Realtors.
June 22 -
With affordability down to its lowest level in nearly 10 years, average wages aren't enough to afford a home in 75% of local housing markets, according to Attom Data Solutions.
June 21
