Industry News

August 23, 2016
Published by Marketing Team at August 23, 2016
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Demand for Consumer Loans Strengthens

In the July Federal Reserve Senior Loan Officer Survey, banks, on balance tightened standards on commercial and industrial (C&I) and commercial real estate (CRE) loans in […]
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June 22, 2016
Published by Marketing Team at June 22, 2016
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Existing Home Sales and Prices Reach Milestone Highs

In nearly a decade, the median price of existing homes reached an all-time high and hit their highest pace last month!! The National Association of Realtors® […]
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June 1, 2016
Published by Marketing Team at June 1, 2016
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Lower Refi Activity Leads to Drop in Mortgage Applications

Mortgage applications decreased 4.1% from one week earlier, according to the Mortgage Bankers Association. The MBA’s Weekly Mortgage Applications Survey for the week ending May 27 […]
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May 31, 2016
man with magnifying glass looking at modal houses In the search for a new house
Published by Marketing Team at May 31, 2016
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Home Prices in U.S. Cities Increase Faster Than Forecast

Home prices in 20 U.S. cities rose faster than projected in March from a year earlier, adding to signs of healthy demand at the onset of […]
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May 27, 2016
Published by Marketing Team at May 27, 2016
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House Passes Sweeping Change to Loan Originator Licensing Rules

The House of Representatives just passed a bill that could create a huge impact on the mortgage industry, as mortgage loan officers may soon be able […]
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May 16, 2016
Published by Marketing Team at May 16, 2016
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Mortgage Rates Trend Down Going Into Home-Buying Season

Mortgage rates fell to 3.61 percent last week, down from the prior week where we saw rates at 3.66 percent on an average 30-year fixed loan. […]
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May 6, 2016
Published by Marketing Team at May 6, 2016
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House Passes Private Flood Insurance Bill by Unanimous Vote

Earlier this month, the House passed the Ross-Murphy bill, which would authorize state insurance commissioners to approve flood insurance policies for Freddie Mac, Fannie Mae, and […]
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March 20, 2016
Published by Marketing Team at March 20, 2016
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House Panel Approves Bill to Facilitate Loan Officer Mobility

Earlier this month, the House Financial Services Committee approved a bill increasing the mobility of mortgage originators who choose to make a move from a federally […]
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March 8, 2016
man with magnifying glass looking at modal houses In the search for a new house
Published by Marketing Team at March 8, 2016
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The Widening Gap Dividing Homeowner Expectations and Appraisal Values

Quicken Loans, the nation’s second largest retail mortgage lender, announced yesterday that in the month of February home appraisals were coming in lower than what homeowners […]
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