Category Archives: Real Estate Market

Fannie Mae sets sights on boosting millennial homeownership

Speculation about when greater numbers of millennials (the generation aged 18-34) would enter the housing market received a jolt of reality late last year. That’s when Trulia released a report, based on the latest census data, which revealed that nearly 40% of millennials continued to live with their parents – the highest percentage of that Read More

Housing Market Expectations for 2017

2016 housing sales seemed just as uncertain as the volatile presidential race, with numbers rising in July and dropping dramatically in December. But now that 2017 is here, there seems to be a move in a more stable direction. According to the Mortgage Bankers Association, January applications were up 22 percent compared to December and Read More

Get the Perfect Nest, without Losing Your Nest Egg

Making a down payment can be a scary undertaking. It can seem like a huge chunk of change, and if it’s too high it can hold you back from making other payments. That’s why we’ve researched easy, helpful ways to make sure your down payment doesn’t keep you from getting your dream house. These five Read More

New Financial Tracking Tool for Millennials.

In recent years, the mortgage industry has been buzzing about the 87 million potential homebuyers born between 1980 and 1999 who are entering the market in droves. Lenders have attempted to understand their needs and preferences, so Ellie Mae, Inc., a software company that processes almost a quarter of U.S. mortgage applications, released The Millennial Read More

TRID 1-Year Anniversary Survey

On November 20, 2013, the Consumer Financial Protection Bureau (CFPB) issued a rule to integrate the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending ACT (TILA), known as TILA-RESPA Integrated Disclosure (TRID). It went into effect on October 3, 2015. Then, in July of this year, CFPB proposed an amendment that took Read More

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