Mortgage Archive

Affordability in Monthly Mortgage Payments

Home prices have rebounded nicely with the latest median home price on a single-family home at $220,600 in the U.S., up from around $160,000 just few years ago. Such a robust price gain from the trough would imply less...

Mixed Signals as the Market Wades into Non-QM

Six months after the implementation of the QM/ATR rule, the market appears to be shifting modestly.  In the 3rd Survey of Mortgage Originators, which covers lending in the 2nd quarter of 2014, participants were asked about their willingness to...

3rd Survey of Mortgage Originators: QM, FHA, FHFA and FICO [September 2014]

Executive Summary Six months after the implementation of the QM/ATR rule, the market appears to be shifting modestly.  This survey serves as both a measure of change in the 2nd quarter and a bellwether for originators’ impressions of market...

Tight Mortgage Credit Weighs on Consumers

Tight credit restrictions can prevent consumers from getting a mortgage and making a home purchase. But over time, tight credit can impact a consumer’s expectations of the mortgage application process, reducing their willingness to even apply for a mortgage...

Increase in Tenure in Home: Due to Increased Buying Power?

I remember giving my mom a hard time when I was kid saying we moved too much (we did), to which she retorted “Everyone moves every six years. It’s a fact.” It was only many years later that I...