Category: Wholesale Lending News
America is obsessed with the millennial generation, and for good reason. They are the largest shopping generation in history, and as a result their purchasing habits have a huge impact on the American (and global) economy. The housing market is no
Everybody is talking about Realtor.com's recent forecast of the top 10 hottest housing markets in 2016, and mortgage brokers may want to take note. Based on an analysis of previous trends and variations in the top 100 markets in the U.S., Real
In late 2014, the Hartford Courant published a piece on the emergence of a new type of mortgage lender that catered specifically to nonqualified buyers. The piece described a burgeoning group of lenders that had begun to offer mortgages for those
If you are one of California's mortgage brokers, chances are you've been having a pretty good year. Real estate in California cities is among the hottest and most in-demand in the nation right now, and, according to The Union, the Californ
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 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.
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.