Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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Distance from work is a big part of the home buying decision, particularly since a quick commute often comes with higher home prices and less space. But the sweet spot in some cities is just 15 minutes away.
July 31 -
Investments in technology and emphasis on user experience contributed to an increase in the average satisfaction score for mortgage servicers, according to J.D. Power. Yet only a fifth of customers use mobile platforms.
July 30 -
Homeownership levels reached their highest point since the third quarter of 2014, but some races saw their rates fall, according to the U.S. Census Bureau.
July 27 -
Mortgage rates rose to their highest level since late June, going up for the third time in the past nine weeks, according to Freddie Mac.
July 26 -
A lack of new and existing homes for sale led to a drop in purchase and overall mortgage application volume although refinances grew.
July 25 -
Nonbank mortgage-backed securities servicers increase their exposure to agency loans as the housing market distances itself from last decade's crash, according to Fitch Ratings.
July 24 -
Income inequality is a significant challenge facing America. But when it comes to real estate values in local markets, significant price inequality may actually help homebuyers.
July 23 -
Rising demand and declining housing inventory are pushing home sales faster and at higher median prices than ever before, according to Remax.
July 20 -
Mortgage rates took a small step down, decreasing for the sixth time in the eight weeks since Memorial Day, according to Freddie Mac.
July 19 -
Rising median home prices and tight housing inventory led purchase and overall mortgage application volume to fall although refinances rose.
July 18
