MReport had the opportunity to speak with McBride on Wednesday shortly before the Federal Reserve announced the rate increase.
The post Fed Rate: Looking Forward appeared first on theMReport.com.
Most Recent Articles
HUD: New Home Sales Above Estimates
The HUD and the Census Bureau released their May New Home Sales Report, above prior estimates. Read ahead to see current projected inventory supply, as well as the median and average home...
Freddie Mac Getting Fat
Freddie Mac’s getting fat, again. Just how much, however, pales in comparison to a few months prior. So just how well is the GSE doing? The answer’s in the numbers. The post Freddie Mac Getting...
Could the Market Be Cooling Off?
It seems the nation’s white-hot seller’s market may be starting to cool off—at least if a recent analysis is accurate. San Francisco, New York City, Miami, and other major cities are all showing...
Senior Home Equity Hits Record High
American homeowners aged 62 and older saw a significant jump in home equity. What could be driving this increase, and is it poised to continue? The post Senior Home Equity Hits Record High...
With Apartment Living on the Rise, Where Does That leave the Single Family Market?
More investors are putting stake in multifamily homes like apartments and condominiums, but how many people are living in them? In the wake of low inventory in the single family market, are...
Slight Uptick in Rates, But Not as Much as Expected
The Federal Reserve’s decision to raise rates left some wondering what would happen with mortgages. In a recent report they raise the question “Why did rates go up?” and more importantly “Why...
Take a Second Look at Who You’re Marketing To
The U.S. is becoming more diverse year-after-year and homeownership rates are changing just as fast. Changes in the diversity landscape could also mean differences in the way you market. Find out...
Where are Home Prices Rising Most?
U.S. home prices made quite a jump over the last year, according to recent data. However, the price increases are highly dependent on geography, with some regions experiencing minimal upticks—or...
Compliance Costs. . . Going, Going, Gone?
Several representatives and senators have been pushing for change in compliance regulations, but a recent bill could possibly be the answer. Being that this isn’t the first bill of its kind, what...
AMDC Welcomes New Member
We are pleased to announce that the American Mortgage Diversity Council (AMDC) welcomes a new member, National MI. The post AMDC Welcomes New Member appeared first on theMReport.com.
OCC Head Has Ideas to Help Smaller Banks
When it comes to regulatory reform, smaller community banks should be a prime concern, according to Acting Comptroller of the Currency Keith A. Noreika. Noreika said as much in his address of the...
Multifamily Homeowners: Brace For Impact
Renters are finally setting their sights on homeownership, according to an analysis released on Thursday. In Q1 of 2017, the share of home shoppers who were either non-homeowners or renters rose...
5 of the Best and Worst Mortgage Paying States
Delinquencies saw a reversal from last month’s performance, according to Wednesday’s mortgage performance report. Prepayments, which can be a good indicator of refinance activity, hit a record...
Barry Owens Joins OrangeGrid as VP of Business Development
OrangeGrid, a provider of highly configurable business process workflow solutions to the financial services industry, announced that Barry Owens, a seasoned professional with nearly three decades...
Mortgage Loan Apps Increasing
According to a recent report, mortgage loan applications are on the rise. Effective rates were up for 15-and 30-year fixed-rate mortgages as well as 5/1 ARMS. The Refinance Index hit its highest...
Places of Interest—10 Hotspots for Million Dollar Homes
With housing prices continuing to climb, and the housing shortage steadily creeping forward, more metros are seeing a significant majority of their homes hit the million dollar mark. And while...
Peak Summer Home Buying Sparks Ellie Mae Record
Home loans for purchases are continuing their forward momentum in May, representing 68 percent of total loans, according to Ellie Mae’s Origination Insight Report, which focuses on loans that...
VRM Mortgage Services Receives 10-Year VA Contract
Vendor Resource Management, Inc. announced that the U.S. Department of Veterans Affairs has awarded the company with a 10-year contract for program management, marketing, and other real estate...
Home Prices Surge . . . but Why?
Home prices spiked again, according to the May 2017 Existing Home Sales Index. Total unsold inventory saw a slight uptick compared to April 2017, but is still relatively low, and median home...
Rising Rates and Finance Costs Leaving Homeowners Chained to Their Properties