mortgage

Record 81% of Bank of America Mortgage Applications Initiated Through Digital Mortgage Experience

March 1, 2022

BANKS

British Reporter — Company Recognized in 2022 for Best Overall Mortgage Experience and as the Best Mortgage Lender for First-time Homebuyers. Rapid growth in consumer digital engagement contributed to substantial momentum in Bank of America’s home lending business over the last year. Home loan applications initiated through Bank of America’s Digital Mortgage Experience accounted for 81% of total mortgage applications in

Tips to Get Best Rates for Your Mortgage

Mortgage rates are determined based on many factors like, current market, inflation

by The FINANCIAL

December 15, 2020

2 mins read

Gen Z renters moving out and moving up

The FINANCIAL — Rental concessions, such as a free month’s rent, appear

by The FINANCIAL

November 19, 2020

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Intense buyer demand continues to drive hot housing market

The FINANCIAL — Intense and persistent buyer demand is keeping the time

by The FINANCIAL

November 6, 2020

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RealEstate

NAR provided raw count of home sales during the pandemic

The FINANCIAL — According to the latest release, existing-home sales rose 21% in September from one year earlier while new home sales rose 32%. These headline figures are seasonally adjusted and are reported in the news. To assess the overall trending direction

by The FINANCIAL

November 5, 2020

1 min read

RealEstate

Low mortgage rates are easing affordability, but down payments are further from reach

The FINANCIAL — Monthly mortgage payments are becoming increasingly affordable for U.S. homeowners as mortgage rates have hit record lows, a new Zillow® analysis shows. But that masks the difficulties would-be buyers face in getting into homes in the first place after extraordinary price

by The FINANCIAL

October 29, 2020

3 mins read

RealEstate

Mortgage rates continue to fall historic low

The FINANCIAL — Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.80 percent, the lowest rate in our survey’s history which dates back to 1971. “Mortgage rates remain very low, providing homeowners

by The FINANCIAL

October 23, 2020

1 min read

RealEstate

How to score your dream house

The FINANCIAL — Home shoppers wanting to buy right now might be reading headlines about the housing market that are scaring them away — low inventory, high prices, homes selling at an extremely fast pace across all price ranges. But near-record low mortgage rates

by The FINANCIAL

October 23, 2020

5 mins read

RealEstate

Next U.S. president to face mortgage & real estate issues in 2021

The FINANCIAL — The election season is in full swing and the outcome for one side or the other is hardly assured. What’s certain is that big problems will be in place after the Inauguration regardless of who wins. How will the

by The FINANCIAL

October 9, 2020

4 mins read

Contributed articles

Common Mistakes that Could Ruin your Finances

Managing your personal finances is easier said than done. Some of these common money mistakes are actually made all the time, and if you’re not careful, you may find that they go on to impact you for longer than you’d like in

by The FINANCIAL

September 24, 2020

6 mins read

Contributed articles

Common Mistakes that Could Ruin your Finances

by The FINANCIAL

September 24, 2020

6 mins read

Markets

Georgia’s economic recovery from the pandemic

The FINANCIAL — Coronavirus pandemic resulted in the most severe global economic contraction of 21 century, however, the world is slowly recovering from the most drastic global economic crisis since the Great Depression. TBC Capital published the research about tracking the recovery of

by The FINANCIAL

July 31, 2020

2 mins read

RealEstate

Mortgage rates to fall again after Fed‘s move to combat impacts from coronavirus

The FINANCIAL — Average 30-year mortgage lending rates for homebuyers with good credit have fallen from 4.46% in January of 2019 to 3.13% but rate is now back up around 3.65%. Mortgage rates are primed to fall again after the Federal Reserve’s

by The FINANCIAL

March 16, 2020

2 mins read