The mortgage market for new home purchases is generally a good indicator of how housing is doing, but a recent drop in mortgage applications shouldn't alarm investors. In fact, it indicates that the housing sector is finally returning to a sta
Impac Mortgage Corp. / Blog Company News
Pending home sales were essentially flat in July, according to a new report from the National Association of Realtors, but that doesn't spell doom for the housing market. In fact, it's just one more sign that the market is nearing a state
Homeownership is part of the traditional American Dream, but the number of studies indicate that fewer people today own homes than in the past. The decline may be worrisome to industry watchers who fear it indicates people are no longer interested
The U.S. housing market is in the midst of a resurgence, and new initiatives from the federal government could push mortgage activity to even greater heights. Increased homebuying has pushed up home prices across the nation, which reflects improve
The U.S. housing market is recovering, and people have more money to spend then they have in several years. These economic improvements are tempered by high debt levels that make it difficult for many Americans, particularly millennials, to get
The benefits of homebuying are well documented, and include the opportunity to build equity in an asset that appreciates over time. Historically, however, buying a home has cost significantly more than renting a similarly sized property.
The mortgage market has suffered from a lack of first-time homebuyers during the past few years. The absence of millennial homebuyers was a major contributor to this problem, but it seems they are finally returning to homebuying. The National Asso
During the past few years, industry watchers have lamented the lack of first-time millennial buyers in the housing market. The truth is that millennials are ready to buy homes, but many feel that they will not qualify for a loan.