President-Trump-suspends-FHA-premium-rate-cut-mortgage-apps-decline-trump-on-tv-Fox-news
Mortgage Industry Trends

Trump Causes Drop in Mortgage Applications

Mortgage applications declined in last week by 3.2%, an 18% decline from the same period last year. According to some reporters, this decline is the direct result of President Trump’s decision to suspend the FHA annual premium rate cut announced by FHA just prior to his inauguration. (Applications) Get real… Yes, applications are down, and yes, somewhat because of the…

Continue Reading

Return-To-Yesteryear-Arrow-Right
Mortgage Industry Trends

The Return To Yesteryear?

With a new Administration comes a new look at housing and homeownership. Homeownership rates have been on the decline since the housing crash of 2008. To get them back on track, it may be time for some changes. The stigma associated with mortgage lenders is fading. Taxpayers and home buyers have much more confidence in mortgage lending and lenders. The…

Continue Reading

finding-home-renovation-market-for-lenders-heloc-loans-view-of-renovations-through-telescope
Mortgage Industry Trends

New Opportunities In Home Remodeling Market

The outlook for 2017 looks good for home repair and remodeling. Both the Joint Center for Housing Studies at Harvard and the National Association of Homebuilders are forecasting a strong 2017 home repair/remodeling market. This may also open some new doors for home financing to mortgage lenders. Although the home purchase market is still projected to improve in 2017, with…

Continue Reading