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It is the start of a new decade, and here are six trends that will play a critical role in reshaping the mortgage industry.
February 19
Ally Home -
Low mortgage rates are setting the stage for growth, not just in refinancings, but in purchase volume as well during 2020, according to Ellie Mae.
February 19 -
Quontic has rolled out a streamlined non-qualified mortgage refinance product that will not require the borrower to provide verifications or documentation.
February 19 -
While Seattle was the nation's fastest-rising housing market between 2016 and 2018, Tacoma now holds that dubious honor, according to Redfin.
February 19 -
The metro Atlanta housing market has continued to heat up, with sales jumping and pricing rising modestly since the start of the year.
February 19 -
Finance Minister Bill Morneau is relaxing mortgage qualification rules to make it easier for homebuyers to secure financing, a move that could give Canada's real estate market another boost.
February 19 -
The pursuit of a dream home became a nightmare for apartment hunters who were scammed out of tens of thousands of dollars by an agent pushing a phony affordable housing scheme in Brooklyn, N.Y., authorities said.
February 19 -
A dip in conventional mortgage refinance demand drove mortgage application volume down compared with one week earlier, according to the Mortgage Bankers Association.
February 19 -
New-home construction remained robust in January and applications to build jumped to the highest level since 2007 as low mortgage rates and a solid labor market continued to fuel housing demand.
February 19 -
Newly constructed home purchase application volume continued its upward momentum during January, with unexpectedly low mortgage rates encouraging consumers to start shopping now, according to the Mortgage Bankers Association.
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