Recent Articles by Ray Brousseau

5 mortgage tech tools that meet today’s real estate consumer needs

5 mortgage tech tools that meet today’s real estate consumer needs

Today’s homebuyers are more technologically literate than ever, and their desire for digital resources often extends beyond property browsing ......
By Ray Brousseau | Wednesday, December 28, 2016
Say goodbye to foreclosures and hello to new homeowners

Say goodbye to foreclosures and hello to new homeowners

Since the housing crisis began, distressed properties -- foreclosures, short sales and bank-owned real estate -- have dominated much of the conversation around real estate and real estate finance. The latest data, however, seems to indicate those day...
By Ray Brousseau | Tuesday, August 23, 2016
How to help your clients look before they leap into buying

How to help your clients look before they leap into buying

As many real estate agents know, despite breathless media reports to the contrary, the decision to buy or sell a home doesn’t hinge on just one factor, like interest rates or price appreciation. Rather, consumers should look at the intersection of ...
By Ray Brousseau | Friday, May 6, 2016
How to help clients get into homes despite tight mortgage credit

How to help clients get into homes despite tight mortgage credit

Despite years of recovery and stabilization, as well as increased demand for housing purchase loans, mortgage credit remains tight today. In fact, according to the Mortgage Bankers Association, mortgage credit availability decreased 2.4 percent this ...
By Ray Brousseau | Wednesday, February 24, 2016
Are FHA loans being underutilized?

Are FHA loans being underutilized?

Earlier this year, the Federal Housing Administration (FHA) announced a significant reduction in its mortgage insurance premiums (MIP) for new borrowers. Many hoped that this reduction would spur more home sales, particularly for first-time homebuyer...
By Ray Brousseau | Friday, December 4, 2015
How might rising interest rates impact the market?

How might rising interest rates impact the market?

When it comes to the Federal Reserve and interest-rate hikes, it has become a question of will they or won't they. All eyes are on the policy makers as they continue to hedge whether interest rates will increase this year. Just this past month, the F...
By Ray Brousseau | Thursday, November 5, 2015
How to help homebuyers relocate

How to help homebuyers relocate

The United States has one of the most mobile populations in the world, according to a recent Gallup survey. People move in the U.S. frequently, while changing cities or counties to relocating to a new state ......
By Ray Brousseau | Thursday, September 17, 2015
Can your clients afford to wait to buy a home?

Can your clients afford to wait to buy a home?

After massive declines in home values during the housing crisis, most in the real estate industry look upon rising home prices favorably. Increasing values indicate that the market is recovering, and homeowners are regaining some of the equity they l...
By Ray Brousseau | Wednesday, July 22, 2015
Is it time to go back to mortgage basics?

Is it time to go back to mortgage basics?

For the past several years, the real estate market has been working through significant distressed inventory, and investors and cash buyers have comprised a large portion of purchases. Recent market indicators seem to be pointing toward more traditio...
By Ray Brousseau | Tuesday, June 23, 2015
Are your clients mortgage-literate?

Are your clients mortgage-literate?

In 2004, Congress declared April as National Financial Literacy Month. For many, this means learning about managing credit-card debt and analyzing credit scores. But as more and more consumers take steps to improve their knowledge and understanding o...
By Ray Brousseau | Friday, May 1, 2015
Access to credit still biggest hurdle for millennials to enter real estate market

Access to credit still biggest hurdle for millennials to enter real estate market

Since the Great Recession, employment numbers have been low, income gains modest, and debt and rent levels high -- all while access to credit has been tight. This combination has kept young homebuyers out of the real estate realm. According to recent...
By Ray Brousseau | Monday, March 23, 2015
FHA launches historic homebuyer ‘care package’ for 2015

FHA launches historic homebuyer ‘care package’ for 2015

After several years of lackluster participation in the housing market, first-time homebuyers are getting a boost from the Federal Housing Administration (FHA) this year. On Jan. 8, in a move expected to bolster homeownership, President Obama and the ...
By Ray Brousseau | Thursday, February 19, 2015