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Tag: Mortgages

UK Residents Pay More for Housing than any OPEC Nation

Those in the UK are familiar with the challenges that accompany failed housing regulations, high demand, and low supply. A recent study by Resolution Foundation...

US Real Estate Prices Rose in September

The S&P CoreLogic Case-Shiller Index reported a 3.9% year-over-year increase in home prices in September, despite a surge in mortgage rates. The growth...

Freedom Flyers

Have you ever noticed a decorative eagle plaque above a home in America? This was once a popular symbol back in the day to symbolize freedom from mortgage payments....

The COVID Refinance Boom is Over – See Who Benefitted

New mortgage originations have reached their lowest level since Q2 of 2014. Inventory remains historically low, shelter costs are historically high, and it makes no...

Republicans Fighting Biden’s Mortgage Madness

Republicans at the state level are demanding that Biden and the FHFA repeal the asinine new law that punishes Americans with high credit scores by forcing them to...

New FHFA Rule- Middle Class to Subsidize High-Risk Borrowers

Biden is ushering in new socialistic policies and there are no checks and balances. I mentioned a few weeks ago how Fannie Mae and Freddie Mac are changing Loan...

New Home Buyers Penalized for High Credit Scores

Fannie Mae and Freddie Mac are making some changes to Loan Level Price Adjustments (LLPAs) that will likely hurt those with good credit applying for conventional...

Only 32% of Lenders Profited on Mortgages in 2022

The talking heads have been warning of a housing crash, but that is not what Socrates indicated. The 30-year fixed rate is around 6.89% at the time of this writing....

Mortgage Lenders Provided a Record $1.61 Trillion in 2021

The post-pandemic real estate frenzy led to mortgage lenders issuing more money last year than ever before. According to records, mortgage lenders in the US issued...

Millennials Priced Out of Home Ownership

Why do 20% of Millennials (25-40-year-olds) in the US believe homeownership is completely unobtainable? To start, rentals across the US are on the rise. The Fair...