Homebuyer education, counseling no panacea for mortgage default
Women and adults under 30 did see improvements to their credit scores in pioneering a randomized study of 5,854 prospective first-time homebuyers
by Matt Carter Sep 9
Homebuyers with lower credit scores pay hundreds more: Study
The homebuyers with 'fair' credit scores can pay up to $288 more per month than those with 'excellent' scores, according to a new study by Zillow
by Ben Verde Jul 28
Offerings of adjustable-rate mortgages triple in 1 year, up 230%
The number of adjustable-rate mortgages offered to consumers has more than tripled from the 1st half of 2021 to the 1st half of 2022, according to a new report by LendingTree
by Ben Verde Jul 25
As rates rose, demand for mortgages dwindled every month in Q2
Rising rates took their toll not only on refinancing but on homebuyer demand for purchase loans in June, according to an analysis of rate lock data released Monday by Black Knight
by Matt Carter Jul 10
Equifax 'coding issue' possibly skews thousands of mortgage credit scores
The 'coding issue’ reportedly affecting about 12 percent of credit scores calculated from March 16 to April 6, 2022, has been corrected, according to the company.
by Matt Carter May 31
New study shows true impact of credit scores on mortgage rates
Digital mortgage marketplace OwnUp's latest study revealed buyers with good credit scores can lose $40K in interest savings by failing to shop loan options
by Marian McPherson Jul 8
Low credit scores are biggest barrier for women, minority buyers
OJO Labs' latest homebuyer survey found that Black homebuyers were three times more likely to have a credit score below 660, which inhibits access to down payment assistance programs and agent support
by Marian McPherson Apr 28
Lower credit usage among renters signal recovering market: Study
TransUnion's 2021 Rental Housing Financial Impact Study shows renters' smart financial decisions are helping to stabilize a volatile market
by Marian McPherson Mar 2
Making sense of the headlines: Could we see another housing meltdown?
Opinion
There will certainly be negative impacts on the housing market from COVID-19, but I anticipate that total existing home sales will drop this year by somewhere between 10-15%
by Matthew Gardner Apr 28
The Homebuyer Files: How rising rent convinced these 3 to finally buy
Two single moms and one aspiring musician share how escalating rent costs pushed them to buy and build equity instead
by Marian McPherson Mar 4
Why younger generations need to understand credit scores now
Only 1 in 10 young consumers bother checking their credit scores, according to recent research
by Lew Sichelman Jul 16
Helping buyers find a home for the fam? Share these 7 tips
Add value by helping your clients figure out their budget, where they’d like to realistically live and what to expect along the way
by Roger Odoardi Jun 4
9 ways homebuyers can improve their credit scores
Buyers will find it easier to get a home loan using these tips
by Johnson Fedrick Jul 3
A credit report with a low score
Credit score knowledge is up, but many lack complete understanding of how credit is determined, how it impacts them and how it can be improved
by Lew Sichelman Jun 27
Ben Carson takes aim at emotional support animals at NAR conference
Millennial homeownership, sexual harassment and credit scores were also discussed
by Patrick Kearns May 16