• Across All Buyers, Millennials Have the Most Purchases

    In housing, generations intersect regularly. Who’s downsizing? Who’s driving the market? Who’s trading up?
    The generation impressing on the market most today? Millennials, according to the 2018 Home Buyer and Seller Generational Trends study, recently released by the National Association of REALTORS® (NAR). Millennials are accounting for 36 percent of purchases, ahead of baby boomers at 32 percent, Generation Xers at 26 percent, and the Silent Generation at 6 percent.&ldquo
  • Buying Costs Mount This Spring

    Are you looking to purchase this spring? The combination of increasing prices and rates is making the price tag steeper.
    The average monthly mortgage payment has risen by $168, or 12.7 percent, year-over-year, according to an analysis by realtor.com®. The average monthly mortgage is now $1,486, up from $1,318 in February of last year.
    Concurrently, 30-year interest rates have gone up meteorically, and list prices are up 10 percent (on realtor.com); however, climbing prices are the primary re
  • Results Are In: The What and Who of Working With Lenders

    RISMedia, in conjunction with Quicken Loans, recently completed our survey, “The What and Who of Working with Lenders,” which gathered insights from our readers about your opinions on and experiences with the finance industry. Mobile technology and access to a user-friendly app were high on the must-have list, as was communication and follow-through as the most important factors in working with a lender. Here are some of the highlights:Here is a bit more from the results:Fifty-eight
  • Former Walter Investment/Ditech CEO Anthony Renzi surfaces at Cenlar

    Former Walter Investment/Ditech CEO Anthony Renzi surfaces at Cenlar
    Anthony Renzi has found a new home. Renzi, the former CEO of Walter Investment Management Corp., which recently changed its name to Ditech Holding Corp., is set to become the president and chief operating officer of Cenlar FSB, one of the nation’s largest mortgage subservicers.
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  • Ian Morgan named LenderLive chief information security officer

    Ian Morgan named LenderLive chief information security officer
    LenderLive announced Wednesday that Ian Morgan has been promoted to the role of chief information security officer. Morgan, who joined LenderLive in Sept. 2010, will be responsible for the confidentiality, integrity, and availability of the company’s information assets, as well as partnering with LenderLive’s business lines to strengthen existing security controls, the company said.
  • Nonbank mortgage lenders still misunderstood in mainstream media

    Nonbank mortgage lenders still misunderstood in mainstream media
    [Op-ed] Mortgage lending is still often maligned in the mainstream press. When will coverage begin to accurately reflect all the hard work we, as lenders, put into getting Americans into homeownership? Here, Mat Ishbia, the CEO of United Wholesale Mortgage, calls out a CNN report that gets it so wrong.
  • Why Staging With Plants Draws More Buyers

    Wellness-minded millennials are filling their homes with clean-air houseplants. Some real estate developers are taking note, using more greenery...
  • Know When a Sinkhole Threatens Listings

    Some homeowners and buyers are growing concerned about sinkholes after news reports surfaced of several opening up recently in The Villages, Fla...
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  • Disasters Spark New Wave of Foreclosures

    Recent hurricanes and wildfires are likely to blame for a boost in the number of homeowners who were late on their mortgage payments at the...
  • 4 Tax Deductions for Sellers

    Tax time is just around the corner, which may be a good moment to remind home sellers what tax breaks they may be eligible for.
  • 3 Floor Plan Fads You’ll See More Often

    BUILDER recently weighed in on some of the hottest fads that could impact more home layouts in 2018.

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