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Commercial and multifamily mortgage debt outstanding grew 6.8% in 2018, benefiting from strong employment numbers and strained inventory, according to the Mortgage Bankers Association.
March 14 -
Home sale prices posted their smallest annual gain since March 2012 and mortgage rates have declined, leaving bidders less inclined to race for a deal, but at the same time, a cooler housing market suggests more consumers may be willing to explore homeownership.
March 14 -
Having an all-digital process results in lower customer satisfaction for home equity line of credit providers than an all in-person or a mix of methods, a J.D. Power survey found.
March 14 -
After a cool January, home sales in Northeast Ohio warmed up a bit in February.
March 14 -
Sales of new homes in January fell to the weakest pace since October, driven by a decline in the Midwest as still-elevated prices keep buyers on the sidelines.
March 14 -
The Federal Housing Administration is moving forward with a long-delayed plan to reduce the term of the home warranty required for high loan-to-value mortgages on new houses.
March 14 -
Mortgage rates declined across the board this week, which should make home buying more attractive although there are continuing concerns about inventory, according to Freddie Mac.
March 14 -
The 2020 presidential hopeful removed the contentious provision from a previous version of the bill that had won praise from bankers but sparked fierce opposition from credit unions.
March 13 -
Technologies like Siri and Alexa will only make mortgage production more efficient if users communicate with them precisely and securely.
March 13
NTT Data Services -
Millennials make up the largest cohort of homebuyers, but a quarter of them don't even know their credit score, which could be a call for mortgage lenders to help them prepare to enter the housing market.
March 13













