The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Zillow analyst on whether home prices can keep climbing

Today’s episode of HousingWire Daily features an interview with Nicole Bachaud, as she discusses annual and monthly home price appreciation growth, rising inventory levels and rent prices.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

MortgageReal Estate

Lenders: Here’s what you’re working with to get Millennials a mortgage

Median income for Millennials across America

While putting Millennials into homes is a major objective for 2016, this article from Business Insider puts their situation into perspective for lenders on how much they can truly afford. Per Business Insider:

The article explained that Millennials are not making as much as their parents were when they were young, and on top of that, they are dealing with an overload of student debt.  

It’s important to note that younger millennials are still college-aged and may only be working part-time, skewing the median downwards.

This should help lenders gauge what they’re working with Millennials. Check the article for the full chart.

As a teaser, the article said, “The medians ranged between a low of $18,000 per year in Montana and a high of $43,000 in the District of Columbia.”

Depending on what numbers you come up with for a mortgage loan, here are the top 10 affordable cities for Millennials to buy a home now, and the top 5 trendy housing markets for Millennials in 2016. 

Latest Articles

Refis stubbornly make a bit of a comeback

The week following Labor Day saw a flurry of mortgage loan application activity, with volume jumping by 4.9% for the seven days ending Sept. 17, according to the MBA. Refis were on the front foot again.

Sep 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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