Why you’re more likely to become a homeowner if your parents were

Why you’re more likely to become a homeowner if your parents were

Maskot | Digitalvision | Getty Images Several factors may affect your path toward homeownership — one may be your parents. “If your parents are homeowners, you’re more likely to be a homeowner,”... Read more »
New Jersey bill seeks to require face-to-face counseling for reverse mortgages

New Jersey bill seeks to require face-to-face counseling for reverse mortgages

A bill introduced in the New Jersey Senate would require face-to-face counseling for the state’s reverse mortgage transactions and would nullify any loans originated without proof of such counseling having taken place.... Read more »
Flagstar Mortgages Could Be A Savior As NYCB Shores Up Balance Sheet

Flagstar Mortgages Could Be A Savior As NYCB Shores Up Balance Sheet

Mark your calendars for the ultimate real estate experiences with Inman’s upcoming events! Dive into the future at Connect Miami, immerse in luxury at Luxury Connect, and converge with industry leaders at... Read more »
Weekly mortgage demand from homebuyers is flattening as interest rates rise

Weekly mortgage demand from homebuyers is flattening as interest rates rise

Thianchai Sitthikongsak | Moment | Getty Images Mortgage demand is struggling to contend with what appears to be another upswing in interest rates. Homebuyers in particular are pulling back. Total mortgage application... Read more »
New Jersey bill seeks to require face-to-face counseling for reverse mortgages

Assumable mortgages grow in  popularity, but hurdles remain

The elevated interest rate environment has brought an old product, the assumable mortgage, back into fashion. But a landscape of strict regulations, product limitations and operational inefficiencies hamper its widespread adoption. Assumable... Read more »
Banks report tightened lending standards for nearly all residential mortgages: Fed survey

Banks report tightened lending standards for nearly all residential mortgages: Fed survey

Banks reported having tightened lending standards across almost all categories of residential real estate loans over the fourth quarter of 2023 amid an elevated interest rate environment. There’s some optimism, however. With... Read more »
Weekly mortgage demand from homebuyers is flattening as interest rates rise

Mortgage rates back over 7%, as stronger economic data rolls in

This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae, California, the United States. The sales of previously owned homes in the... Read more »
Experts weigh in on whether seniors should get new mortgages: Bankrate

Experts weigh in on whether seniors should get new mortgages: Bankrate

For seniors who have retired, taking on additional debt that requires a monthly payment while being on a fixed income could have ramifications on quality of retirement, and it should be considered... Read more »
New Jersey bill seeks to require face-to-face counseling for reverse mortgages

Demand for mortgages picks up: MBA

Mortgage demand continued to increase last week, as seen in an uptick in purchase activity. Mortgage applications rose by 3.7% in the week ending Jan. 19 compared to one week earlier on a... Read more »
Why you’re more likely to become a homeowner if your parents were

Here are the 10 hottest housing markets in 2024

Grace Cary | Moment | Getty Images The top 10 hottest housing markets are expected to be spread across the South, Northeast and Midwest this year, according to an analysis by real... Read more »