NMLS: 2576 | CT LICENSE: 1101 | MA LICENSE: LS2576 | MI LICENSE: FR0023580 Student Loans Could Be Holding Back Housing Market
Since the housing market crash in 2007 and the Great Recession the year after, the two facets of the economy have been seen as symbiotic. Mainly, buying power to reach homeownership is diminished when employment prospects are low, but obtaining…
Government Program Leads to More Refinancing
>A solution for having a more manageable mortgage payment or better interest, particularly with the drastically fluctuating real estate market, is refinancing. In fact, refinancing underwater or adjustable-rate mortgages has been one of the solutions to combat foreclosures. As of…
Fewer U.S. Mortgages Underwater
Underwater mortgages are one of the long-standing ramifications of the 2000s housing crash. As you can recall, prices significantly increased from 2002 through ’06, with credit easily available. After the crash, average home prices plummeted, especially in areas like Las…
Delinquency and Refinancing: The Current State of Mortgages
Although figures regarding the current state of mortgages in 2013 are minimal, information from the fourth quarter of 2012 positions this year as more auspicious and another step toward better recovery for the housing market. According to a TransUnion report,…
Is the Housing Market Improving? Recent News Stories Detail Ups and Downs
In an interview with The Street, published on February 5, Ellie Mae CEO Sig Anderman stated that the housing market is improving. But such an assertion, based on his observation of Ellie Mae’s 3,500 customers nationwide, is purely anecdotal. In…