Tag: mortgage
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Happy National Homeownership Month this June!
June is National Homeownership Month, dedicated to recognizing the benefits of homeownership to our families, communities and country. A popular way to build wealth, homeownership offers the opportunity to create a better life and prosper, paving the path for future generations to succeed and also achieve the American Dream. Unfortunately, homeownership in America remains…
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Women Are Better than Men at Paying their Mortgages
It’s true, women are better at paying their mortgages, despite imbalances ranging from the 26 percent gender wage gap to a lack of women in boardrooms and C-suites across America.
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Dedication to Diversity and Inclusion Results in Change
NAWRB’s dedication to women’s diversity and inclusion (D&I) aligns us with companies and organizations with corporate social responsibility. Equally important to internal D&I culture is collaboration between businesses and industries to embrace diversity. One organic result from implementing D&I as a fundamental tenet in the American workplace is bottom line growth.
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Mortgage Originations Expected to Top $2 Trillion in 2016
For the first time since 2012, mortgage originations are expected to top $2 trillion in 2016, according to Freddie Mac’s monthly Outlook for August. Low mortgage interest rates are spurring a burst of refinance activity, and strong home sales and house price growth are supporting purchase mortgage activity.
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Barbara Corcoran Shares Her Secrets for Saving Thousands on Your Mortgage
Homeowners are in luck as Barbara Corcoran, real estate guru and Shark Tank star, is giving her advice on how they can make the best use of what she calls “cheap money.” By simply following Barbara’s advice and doing a little leg work, homeowners can find themselves pocketing thousands of dollars that would otherwise be…
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Mortgage Applications Fall 3.5 Percent
Mortgage applications decreased 3.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 29, 2016.
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Military Lending Final Rule
Last week, the Department of Defense (DOD) issued a final rule modifying regulations set forth in the Military Lending Act (MLA). Passed by Congress in 2006, the MLA was created to protect active duty service members and their families from elevated interest rates in credit transactions, limiting the Military Annual Percentage Rate (MAPR) to 36…
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HUD and FHA Encourage Home Inspections
It is a good time to be an American consumer. Last decade’s housing bubble left behind a collapsed market and millions of disheartened and mistreated homebuyers. If the current effort to protect consumers suggests anything, it’s that if a phenomenon like the housing crisis occurs again, it will not be as a result of inattention…
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Millennials Set to Revitalize Housing Market
A survey conducted by Realtor.com from January 1 to June 15 of this year has revealed that the likelihood of millennials entering the housing market is growing.
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Women More Likely than Men to be Denied Mortgages in Chicago
A study conducted by Spencer M. Cowan of the Woodstock Institute from 2011 to 2013 in the Chicago six-county region has found that women are more likely to be denied mortgages than men.