Credit is tight largely because lenders are imposing even more stringent standards than those required by the entities that guarantee or insure these loans.
Contrary to recent criticism, state down payment assistance programs are helpful for borrowers and present minimal risk to FHA’s finances.
Each year, roughly one in four American families will face an “income shock,” like losing a job or experiencing a sudden health or work limitation.
After three decades of decline, mortgage interest rates have started to rise. What does this mean for the housing and mortgage markets?
Senior homeowners could access more than $3 trillion in home equity, but few are interested in tapping this resource to meet retirement financial needs.
A more accurate way of measuring mortgage denial rates confirms that it’s harder to get a mortgage today than it was before the housing crisis.
Servicing mortgages is key to a healthy housing market, but remains expensive and complicated due to regulations put in place to respond to the housing crisis.
A close look at the mortgage price reduction recently suspended by the Trump administration reveals that the impact on the market would have been small.