According to Ellie Mae’s latest Origination Report, the average FICO® Score on all closed loans dropped to 722 which is its lowest mark since April. The average includes all approved refinance and purchase loans.FHA and VA loans showed the most opportuni
Apr 14, 2018 |
Americans continue to believe that homeownership is important in achieving the American Dream. A recent survey by NeighborWorks America reported that:“Owning a home remains a core element of the American Dream.”When asked “How important a part of the Ame
Mar 20, 2018 |
CoreLogic’s latest Equity Report revealed that “over the past 12 months, 712,000 borrowers moved into positive equity.” This is great news, as the share of homeowners with negative equity (those who owe more than their home is worth), has dropped more t
Mar 02, 2018 |
The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up, home sales are up, and distressed sales (foreclosures and short sales) have fallen to their lowest points in y
Feb 13, 2018 |
It is common knowledge that a great number of homes sell during the spring-buying season. For that reason, many homeowners hold off on putting their homes on the market until then. The question is whether or not that will be a good strategy this year. Th
Feb 02, 2018 |
There are many people sitting on the sidelines trying to decide if they should purchase a home or sign a rental lease. Some might wonder if it makes sense to purchase a house before they are married and have a family, others might think they are too youn
Jan 26, 2018 |