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 […]

First American Financial Leaked 800-plus Million Sensitive Mortgage Documents

A whistleblower and a security researcher have reported a data leak of epic proportions. Their discovery: a trove of more than 800 million mortgage documents overflowing with incredibly sensitive personal data that includes detailed bank account information. GETTY The documents were scanned copies and they were leaking from firstam.com, the […]

Mortgage rates are low. Here’s how to figure out the best plan for your budget

The recent drop in mortgage rates may have you dreaming of buying a new home or refinancing your current house. You’re not alone. Housing sentiment has surged thanks to those low rates, according to government-sponsored mortgage giant Fannie Mae. Its monthly survey, released Monday, shows that positive sentiment in March jumped to […]