After the sub-prime market crash in 2008, the term “adjustable-rate mortgage” (or just “ARM”) has almost become a curse word in the world of finance. However, experienced mortgage lenders know that it is sometimes a better solution compared to a traditional fixed-rate mortgage. ARMs have made a slight comeback in Continue Reading →
The Urban Institute’s Housing Finance Policy Center is a think tank that analyzes mortgage and housing data throughout the United States. They recognize trends and provide insightful information to help lenders and consumers. Housing Credit Availability Index Every quarter, they update the housing credit availability index (HCAI), which measures the Continue Reading →
We’ve been talking a lot on the Transparent Mortgage Blog about how the COVID-19 situation has affected the economy as a whole—and especially the mortgage market. We are in interesting times with home prices continuing to surge because of low inventory while mortgage rates remain historically low. However, the challenge Continue Reading →
With the impact that COVID-19 has had on the nation’s economy and its financial markets, the mortgage brokers are dealing with significant challenges now. We’ve seen record lows at times, but also more wild rate fluctuations that are very unpredictable. Even when mortgage rates have been very low recently, getting Continue Reading →
So many homeowners have pressing mortgage questions right now. They want to know their mortgage options. People are losing their jobs, even if some might only be on a temporary basis. The country has seen record highs in unemployment applications, with California being one of the hardest-hit states economically. Meanwhile, Continue Reading →
