The 30-Year Fix (Pt. 3): GSE Reform & the Fate of the 30-Year Mortgage
Welcome to The 30-Year Fix, our three-part series on the curious case of the thirty-year fixed-rate mortgage (or TYFRM, for [...]
The 30-Year Fix (Pt. 2): Mortgage Products Around the World
Welcome to The 30-Year Fix, our three-part series on the curious case of the thirty-year fixed-rate mortgage (or TYFRM, for the sake [...]
The 30-Year Fix (Pt. 1): The Curious Case of the 30-Year Fixed-Rate Mortgage in America
In any complex industry, macro transformation happens slowly. In the mortgage industry, evolution is so subtle that it’s nearly [...]
October Report: U.S. Economy in a Snapshot
Overview of the October 2019 Snapshot Real consumer spending growth softened in August. Real expenditures on services were essentially flat [...]
Refis up Another 10% as Rates Revisit Recent Lows
Declining interest rates made for another strong week for mortgage applications. The Mortgage Bankers Association (MBA) said its Market Composite [...]
How to Buy a Small Multifamily Property (A Step-by-Step Case Study for Newbies!)
I really like small multifamily properties, and I talk about them an awful lot. Several months ago, I wrote [...]
Appraisals are no longer required on some home sales of $400,000 and under
Regulators raise appraisal threshold for first time since 1994 Beginning Oct. 9, 2019, certain home sales of $400,000 and under [...]
Which Mortgage Is Better? ARM vs. Fixed Rate.
If you’re raring to buy a home, chances are you’re weighing the merits of an adjustable-rate mortgage (ARM) and a [...]
What That Would Zero or Negative Interest Rates Mean for Mortgages?
President Donald Trump is pushing the U.S. Federal Reserve to drop interest rates down to nothing—or even go negative—ahead of the Fed's [...]
Multifamily originations to hit all-time high in 2020
Multifamily originations are set to hit yet another all-time high in 2020, according to the Mortgage Bankers Association. Last year, [...]