First time home buyers

By honing her ability to fix inefficiencies and identify new profit opportunities, Mary Ann McGarry broke down gender barriers and found success as CEO of Guild Mortgage. The key, she says, is remaining adaptable and collaborative without losing focus on end goals.

Baton Rouge-area home sales were 13.8% lower in November than the year before because of large sales drops in Ascension and East Baton Rouge parishes.

Cash-strapped lenders need to find a way to consistently fund marketing that resonates with more cultures if they really want to be able to replace lost volume by reaching underserved borrowers.

From Ohio to Utah, here's a look at the 12 housing markets with the highest percentage of millennial purchasers.

Tackling millennial hurdles has been top of mind for the mortgage industry, but the youngest non-homeowners have the smallest share claiming that qualifying for a mortgage will be a big challenge, according to the National Association of Realtors.

Ordinarily, declining property sales will cool the costs for housing. But existing-home sales have been underperforming their potential for 40 straight months and property values are still on the rise, according to First American Financial Corp.

Putting down 20% of the sales price has been the industry standard when buying a house, but less than half of consumers do that much, according to Zillow.

Fannie Mae and Freddie Mac charged lenders slightly lower guarantee fees in 2017 for mortgages with riskier characteristics, according to a Federal Housing Finance Agency report.

The gap between supply and demand in the housing market is contributing to affordability constraints that are likely to limit homeownership long-term, according to Freddie Mac.

Mortgage credit available to consumers increased in November by 1.1% from the previous month as lenders offered more conventional products with expanded underwriting criteria, the Mortgage Bankers Association said.