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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October's rise in the supply of homes for sale could signal the housing market is getting closer to equal footing for buyers and sellers, according to Remax.
November 19 -
Borrowers buying new homes produced fewer loan applications than they did a year earlier due to October's rising interest rates.
November 16 -
After last week's surge of 11 basis points, mortgage rates held steady due to a dip in energy costs, even with continued stock market volatility, according to Freddie Mac.
November 15 -
The decelerating pace of home price growth in October is helping offset the rise in mortgage rates, according to Quicken Loans.
November 14 -
The mortgage delinquency rate dipped to a 12-year low, but overvalued housing markets and eventual reversal in the unemployment rate present risk for future delinquencies, according to CoreLogic.
November 13 -
American Financial Resources, a Parsippany, N.J.-based mortgage lender, will pay any required agent fees for U.S. Department of Veterans Affairs loans for its brokers and correspondents on all AFR-related VA loan submissions starting Veterans Day.
November 12 -
Rising home prices and climbing mortgage rates pulled down affordability to the lowest point since before the housing market crash.
November 9 -
Continued diversification of its business lines and better margins in its securitization activities helped Redwood Trust overcome steep mortgage origination declines and post nearly 14% annual growth in net income during the third quarter.
November 8 -
The prospect of growing mortgage rates took a negative hit on consumer perception of home buying and selling during October, according to Fannie Mae.
November 7 -
Eighty percent of millennials said they plan on moving within the next five years, while nearly three-quarters claim affordability as their biggest hurdle in the buying a home.
November 6 -
Excellent credit quality and strong performance of post-housing-crisis originations resulted in a steep decline in foreclosure starts in September, according to Black Knight.
November 5 -
Hiring by nonbank mortgage lenders and brokers ebbed in September as the housing market prepares to pack it in for the colder months.
November 2 -
Having children not only forces people to buy a home, but to find a more affordable home, according to Zillow and Census data.
November 1 -
A combination of moderate rises in mortgage rates and dipping growth in home prices are projected to boost existing and new housing sales through 2020, according to Freddie Mac.
October 31 -
As potential homebuyers anticipate mortgage rates to keep rising, September was a strong month for housing demand, according to Redfin.
October 30 -
Student debt continues to weigh down potential homebuyers, as the share of first-timers decreased for the third-consecutive year, according to the National Association of Realtors.
October 29 -
While the average down payment percentage of purchase price stayed mostly flat, the average dollar amount dropped 10% from the previous quarter, according to LendingTree.
October 26 -
High property values and low mortgage rates pushed commercial and multifamily originations beyond their projected totals in 2017 to a new market peak, according to the Mortgage Bankers Association.
October 25 -
After falling to its lowest level in over 12 years, servicers expected September's surge in delinquencies following the damage of Hurricane Florence, according to Black Knight.
October 24 -
With home values nearly doubling income growth in the last 20 years, it's now taking homebuyers 7.2 years to put together a down payment, according to Zillow.
October 23
