October 31, 2018
The Cost of Owning Is Rising
ValuePenguin quoted me in The Cost of Owning a Home Is Rising. It reads, in part, If you’ve looked lately at home prices in any major U.S. city, you likely got a dose of sticker shock thanks to a red-hot housing … Continue reading
October 31, 2018 in mortgage | Permalink | No Comments
October 11, 2018
Rising Mortgage Rates
NBC News quoted me in Mortgage Rates Just Hit 5 Percent: What Does That Mean for Homebuyers and Owners? It opens, Mortgage rates crossed the 5 percent line on Wednesday for the first time since 2011, marking a new era for … Continue reading
October 11, 2018 in mortgage | Permalink | No Comments
April 12, 2018
Rising Mortgage Borrowing for Seniors
J. Michael Collins et al. have posted Exploring the Rise of Mortgage Borrowing Among Older Americans to SSRN. The abstract reads, 3.6 million more older American households have a mortgage than 2000, contributing to an increase in mortgage usage among … Continue reading
April 3, 2018
Who’s Appraising Your New Home?
Researchers at the Federal Housing Finance Agency have posted a working paper, Are Appraisal Management Companies Value-Adding? — Stylized Facts from AMC and Non-AMC Appraisals. The obscure title hides an important subject. AMCs, appraisal management companies, are intermediaries that prevent … Continue reading
April 3, 2018 in mortgage | Permalink | No Comments
April 2, 2018
Rising Rates and The Mortgage Market
The Urban Institute’s Housing Finance at a Glance Chartbook for March focuses on how rising interest rates have been impacting the mortgage market. The chartbook makes a series of excellent points about current trends, although homeowners and homebuyers should keep in … Continue reading
April 2, 2018 in mortgage | Permalink | No Comments
March 16, 2018
Interest-Only During Recessions
John Campbell et al. have posted Structuring Mortgages for Macroeconomic Stability to SSRN. They are not the first to propose a mortgage product that is designed to lessen its burden when times are hard, but that does not make their proposal … Continue reading
March 16, 2018 in mortgage | Permalink | No Comments
March 15, 2018
FinTech Disrupting The Mortgage Industry
Researchers at the NY Fed have posted The Role of Technology in Mortgage Lending. There is no doubt that tech can disrupt the mortgage lending business much as it has done with others. The abstract reads, Technology-based (“FinTech”) lenders increased … Continue reading
March 15, 2018 in mortgage | Permalink | No Comments
