Mortgage Rates Drop Again—And First-Time Homebuyers Take Full Advantage

First-time homebuyers have made up a large share of 2019 mortgage loans. Mortgage rates dropped again, and according to Freddie Mac, the downward spiral has first-time buyers gaining ground. In fact, of all the loans Freddie Mac has purchased in 2019, 46% came from first-time homebuyers—a two-decade high for the […]

Refugees fleeing Syria to UK: ‘I’ve got a mortgage, a house, a car – we’re not trouble’

More than 17,000 refugees who fled the Syrian war have settled in Britain over the past five years. Of those, many have had to “work hard” in overcoming cultural changes as they try to forge a new life for themselves. Another 3,000 refugees are expected to arrive by the end […]

Low Mortgage Rates, Rising Incomes Nudge Housing Affordability In The Right Direction

Low mortgage rates and rising incomes are increasing housing affordability across the country. GETTY Mortgage rates have hovered below 4% for 10 weeks now, and their impact on overall housing affordability is starting to show. According to new data, housing affordability is actually at its highest point in 18 months—despite a […]

Three Ways Mortgage Lenders Can Be Better Partners To Borrowers

According to PricewaterhouseCoopers’ Home Lending Experience Radar 2018 report, customer satisfaction for mortgage lenders lags behind other financial services providers, especially in industries where FinTech has established deep roots. But how can this be, with all this talk about how technology companies are “disrupting” the mortgage industry? Mortgage lenders have improved […]