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Coming Up:
43% Of New Homeowners Struggle To Make Mortgage Payments
And 44% have taken on extra debt to maintain their lifestyle, according to a new survey from Clever Real Estate.
Raising An AI Brainchild In The Mortgage Industry
Listen to Mortgage Banker Magazine's May 2024 co-cover story.
Automation Attracts Investors Who Love Homogenous Loan Pools
Listen to Mortgage Banker Magazine's May 2024 co-cover story.
John Gibson Joins Cardinal Financial Company
Gibson formerly served as SVP of TPO lending at Flagstar Bank
Consumers Skip Payments Due To Inflation, Job Loss, And Forgetting To Pay
Nearly one-third of consumers said it is difficult or very difficult for them to pay their recurring debts on time.
Second Home Purchase Demand Dropped Significantly in 2023
Most substantial drop (62.5% year-over-year) in Austin, Texas
Bright MLS: Inventory Up Nearly 15% In Mid-Atlantic Region In April
Rising inventory is driving up home prices and transaction activity in the Washington D.C. metro area.
Mortgage Rates Decreased In Last Week's Survey
Rates decreased for the first time in two months.
