Tag Archives: mortgage

Challenges Facing The Real Estate Market 2015

Industry analysts and economists largely believe the real estate market will gain traction this year , but they acknowledge several challenges that pose a potential derailment to the ongoing recovery. CNNMoney recently highlighted several of those challenges: Investors exit the market: Institutional … Continue reading

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What Has Happened To Mortgage Demand ?

What Has Happened To Mortgage Demand ? Mortgage application activity surged last week — but that level of activity only helped it play catch-up, as it recovered by the amount it had dropped two weeks prior.                                           Overall, mortgage applications, reflecting both … Continue reading

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Almost 19K Lost Sales Because OF Tight Credit

Tight mortgage lending standards continue to drastically curtail new-home sales and are causing a growing number of deals to be lost, according to a survey by the National Association of Home Builders. “While housing has seen some positive growth throughout … Continue reading

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New Type Of 15 Year Mortgage ?

Two mortgage executives are hoping to overhaul the 15 year mortgage, making it more readily available to low and moderate-income people. They say the changes will help borrowers build equity at a much faster pace than they would with a … Continue reading

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Rising Mortgage Closing Costs Pinch Buyers Wallets

Rising home prices aren’t the only thing that may give buyers sticker shock: Mortgage closing costs have soared nearly 6 percent over the past year, according to Bankrate.com The average closing cost on a $200,000 mortgage reached $2,539 nationwide in … Continue reading

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Making Mortgage Approval Easier

Making mortgage approval easier: With new mortgage rules and regulations in place, buyers may face more obstacles when applying for a mortgage. “Buying a home is likely the biggest purchase anyone will make, and community bankers are an excellent resource … Continue reading

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