The Mortgage Reports Daily
When it comes to moving, Americans largely headed south in 2017. According to new data from U-Haul, Texas was the top state for U.S. migration, while Tempe, Arizona, took the honors for the top city.
It seems the recently passed tax legislation may have some hidden benefits for this year’s home buyers.
The 2017 housing market should close out with a better performance than last year, according to one industry expert.
It looks like mortgage lenders are loosening their credit standards a bit. According to data from Ellie Mae, November saw the average buyer FICO score drop two points over October. FICOs also dropped on refinance loans across the board.
Buying a home that needs some TLC can be a good choice. Imperfect homes come with less competition from other buyers, and you can build tens of thousands of dollars in additional equity in a short time by making relatively minor improvements
The Federal Reserve on Wednesday hiked its benchmark interest rate by a quarter percentage point, citing a gradual strengthening in the economy.
The days of strapped housing inventory – and the higher prices that come along with it – may be numbered.
U.S. economic growth has strengthened in 2017, signaling the need for gradual interest rate hikes to ensure a continued recovery, Federal Reserve Chair Janet Yellen told lawmakers Wednesday.
If you're an educator, you'll likely have heard about "special" mortgages for teachers. But just how special are they? And will you qualify for one?
For the 14-million self-employed mortgage borrowers nationwide, it's getting easier to get approved for a home loan. Here's your complete guide to getting a self-employed mortgage today.