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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Mortgage delinquency rates dropped on an annual basis, a sign of a strengthening economy, but could soon see a spike due to this year's wildfires, according to CoreLogic.
August 14 -
The risk of mortgage defaults reached its highest point since the second quarter of 2015 as lenders loosen credit, according to VantageScore.
August 10 -
Mortgage rates took a small step back due to affordability pressure after climbing for the past two weeks, according to Freddie Mac.
August 9 -
Mortgage applications declined for the fourth consecutive week as interest rates remained at high levels.
August 8 -
Mortgage credit accessibility kept climbing in July, mostly thanks to an expansion of jumbo loan products offered, pushing that index to its historical high point, according to the Mortgage Bankers Association.
August 7 -
Home price appreciation slowed throughout 64% of the U.S., a boon to affordability, according to Black Knight's most recent three-month figures.
August 6 -
Social media is a main avenue for mortgage lenders to reach the next generation of homebuyers. New American is trying to make their own lenders experts in the space.
August 3 -
Mortgage rates rose to their highest level in seven weeks and fourth-highest of 2018, thanks to strong economic trends, according to Freddie Mac.
August 2 -
Mortgage applications dropped for the third consecutive week around rising interest rates and languid housing starts.
August 1 -
Freddie Mac produced modest second-quarter results, reflecting a stabilizing business that CEO Donald Layton compared to a utility company.
July 31 -
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
