What Mortgage Professionals Are Reading - Week Ending Friday, July 3 2015 #trending

NationalMortgageProfessional.com

Jul 06, 2015

The top 5 most read articles from last week.

1. After SCOTUS Same-Sex Marriage Ruling, Will LGBT Housing Protections Follow?
2. Will This be the Summer of Supersonic Sales?
3. Robert Reich Blasts GSE Heads' Pay Hikes
4. Seven in California Indicted on Mortgage Fraud
5. Credit Reports and Credit Scores

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Jul 06, 2015

Analysis and Data

Monthly Rental Costs Increase Putting Strain on Renters

Realtor.com reported Thursday that the median rent price hit $1,827 in April.

The relentless rise in the cost of rent continued in April with the 14th consecutive month of record setting prices. Realtor.com reported Thursday that the median rent price hit $1,827 in April, highlighting the affordability struggles reported by renters. “April data illu...

Industry News

Mortgage Industry Will Soon Be ARMed To The Teeth

ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.

According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at l...