While negative equity levels keep drifting lower, there is still a large group of homeowners that must remain patient. And by patient, I mean waiting… Read More »Nearly 60% of Underwater Homeowners Still 4+ Years Away from Positive Equity
In a bid to increase its listing business, Redfin has launched a new tool called the “Price Whisperer,” which aims to find out the value… Read More »Redfin’s Price Whisperer Determines What Local Buyers Are Willing to Pay Before You List Your Home
Despite new fears that the latest housing boom may have run its course, many homeowners are apparently waiting for further home price gains before they… Read More »Nearly Half of Homeowners Are Waiting for Home Prices to Rise Further Before Selling
There’s been a lot of speculation lately about the impact higher mortgage rates might have on the housing market, with some arguing that they’ll simply… Read More »First Sign of Mortgage Rate Impact as New Home Sales Disappoint
There’s been a lot of fuss about the refinance market drying up lately, and we now know it’s not just noise. Last month, purchase-money mortgages… Read More »Purchase Applications Grab Majority Share of Mortgage Market in July as Refinances Fade Away
I was waiting for the bubble chatter to heat up, and it looks like it’s finally about to. Karl Case, one of the creators of… Read More »S&P/Case-Shiller Creator Says Phoenix and Las Vegas ‘Clearly in Bubbles’
There are countless programs out there aimed at paying down the mortgage as quickly as possible, but they often highlight the interest savings without properly… Read More »A Perfect Example of Why Throwing All Your Money at the Mortgage Can Come Back to Bite You
Everyone’s heard of the Priceline Negotiator, but what about LendingTree Mortgage Negotiator? I hadn’t heard about it until last week, when a commercial popped up… Read More »The LendingTree Mortgage Negotiator Makes Home Loan Shopping Anonymous
In a bid to perhaps stay relevant, though in the FHA’s own words, to continue “its commitment to fully evaluate borrowers who have experienced periods… Read More »The FHA Is Now Offering Mortgages to Borrowers Just One Year After Foreclosure, Short Sale, or Bankruptcy
The last couple of months have been rough, real rough, assuming you work in the mortgage industry. Sure, things aren’t terrible, but I’ll assume most… Read More »Goodbye Refi: Only 55% of Mortgages Have Above-Market Interest Rates
