Articles by Alcynna Lloyd

Fannie Mae: Home sales to stabilize in 2019

Fannie predicts purchase mortgage originations to climb, but refinances to fall
Although economic growth is expected to slow in the new year, new data suggests the housing market will stabilize come 2019, according to Fannie Mae. Find out why.
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Zumper: The American dream of homeownership fades

33% of survey respondents no longer think the American dream involves homeownership
This year, navigating the landscape of American housing has proved to be rocky for both renters and homeowners. As 2018 comes to an end, Zumper, a rental listing site, has revealed for many Americans, the dream of homeownership is fading. Here's why.
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Freddie Mac: Mortgage rates reach three-month low

Expert says low unemployment and declining rates should support home sales
Mortgage rates have now reached a three-month-low, according to the latest Freddie Mac Primary Mortgage Market Survey. Freddie Mac Chief Economist Sam Khater said the 30-year fixed fell to 4.63% this week – the lowest it has been since mid-September.
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Single women outpace single men on the path to homeownership

Single women own 70,000 more homes in metro areas than single men
American wage disparity keeps the average American woman making 20 cents less than her male counterpart, but data suggests that when it comes to homeownership, single women take lead. LendingTree’s latest analysis revealed that on average, single women own around 22% of homes, compared to the less than 13% of single men.
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MBA: Mortgage applications increase 1.6%

Refi activity sees a boost
Mortgage applications increased 1.6% for the week ending Dec. 7, 2018, according to new data from the Mortgage Bankers Association's weekly Mortgage Applications Survey. MBA’s Associate Vice President of Economic and Industry Forecasting Joel Kan said recent rate declines are responsible for the jump in refinance applications.
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Wise Agent names Jason Frazier chief marketing officer

Responsible for modernizing email marketing and social content
Wise Agent hired Jason Frazier as its chief marketing officer, the company announced this week. Frazier, a known marketer in the mortgage industry, will be responsible for modernizing email marketing and social content for Wise Agent’s CRM system.
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Homelessness accelerates in expensive rental markets

In many markets, rent burden exceeds 32% threshold
As more and more Americans become rent burdened, the homeless rates in the nation’s most unaffordable markets continue to grow, according to the latest data from Zillow. Zillow Director of Economic Research and Outreach Skylar Olsen said that although the nation’s homelessness rate has fallen, some communities are still grappling with affordability.
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NAMB launches origination system for mortgage brokers

NAMB All-In helps mortgage brokers manage incoming applications and more
The National Association of Mortgage Brokers platform enables mortgage brokers to connect with wholesale lenders. Using Calyx Software, borrowers will be able to initiate loan applications and begin the asset verification process.
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