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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With nearly half of homeowners renovating in the next two years, HELOCs stand as the most likely form of lending sought out by consumers, according to TD Bank.
July 10 -
With affordability still an issue despite falling interest rates and harnessed home value growth, lenders further loosened credit standards in June, according to the Mortgage Bankers Association.
July 9 -
From Middle America to upstate New York, here's a look at cities offering the best opportunities to millennial buyers.
July 8 -
After months of backsliding followed by a modest increase in April, nondepository mortgage companies added 3,200 workers in May, as the overall job market gained steam.
July 5 -
Rising affordability through declining mortgage rates brought more buyers to the table and cut down the national inventory of for-sale homes, according to Redfin.
July 3 -
The rate of annual home price appreciation rose again in May, offsetting the affordability gains from declining mortgage rates, according to CoreLogic.
July 2 -
As 30-year fixed-rate mortgages continue dipping below 4%, June had the most borrowers in position to refinance since late 2016, according to Black Knight.
July 1 -
A cocktail of simmering home price appreciation, declining mortgage rates and stronger employment shot the country's housing market outlook to a three-year peak, according to Nationwide.
June 28 -
Average wages can't afford a median priced home in three quarters of housing markets around the country, but slowing appreciation shifts that balance, according to Attom Data Solutions.
June 27 -
The refinance share of mortgage applications climbed to the highest level since January 2018 as the average 30-year fixed interest rate continued tumbling, according to the Mortgage Bankers Association.
June 26 -
Fuller transparency from lenders in the mortgage decision process and disclosure on disapprovals would help keep biases in check and take down racial barriers to homeownership, according to a study by Clever Real Estate.
June 24 -
Large banks had huge losses from originating mortgages in 2018 as costs were three times higher than similar-sized independent lenders, according to research conducted by Stratmor and the Mortgage Bankers Association.
June 21 -
Housing prices rose commensurate with the temperature, but ongoing inventory issues will keep sales in check, according to Redfin.
June 20 -
As mortgage rates dip lower and lower through home buying season, the rate of closing loan applications keeps climbing, according to Ellie Mae.
June 19 -
As Amazon looms over the mortgage industry, expert views differ on the retail monolith claiming its stake in the sector.
June 18 -
With mortgage rates expected to continue their recent slides over the next 18 months, in tandem with slowed economic growth, loan originations should see a jump through 2020, according to Fannie Mae.
June 17 -
In cities across the country, the affordable housing situation spans a bleak spectrum. In light of this, the Mortgage Bankers Association launched an initiative to address the needs of underserved markets.
June 14 -
Despite the Fair Housing Act going into effect 51 years ago, LGBTQ+ still face discrimination when buying a home or applying for a mortgage.
June 13 -
Commercial and multifamily mortgage debt outstanding continued rising, aided by low mortgage rates and the steady incline of property values, according to the Mortgage Bankers Association.
June 12 -
As purchase applications stall in the heart of home buying season despite mortgage rates nearing two-year lows, lenders continued to loosen credit standards in May, according to the Mortgage Bankers Association.
June 11
