News

Mortgage Rates Retreat for the First Time in 3 Weeks

After three weeks of increases, mortgage rates fell back this week — but it looks to be only a temporary decline. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slid to 3.69 percent with an average 0.5 point. (Points are fees paid to a lender equal to 1 percent of the […]


Cities Where VA Purchase Mortgages Surged Among Millennials

Since the Great Recession ended, the percentage of eligible first-time homebuyers who get loans through the Department of Veterans Affairs’ mortgage guarantee program has been higher than it was precrisis. The share of eligible first-time buyers using the VA program went from under one-third in 2007 to nearly three-quarters in 2016, according to the Consumer Financial Protection Bureau. There […]


Apple Donates to Affordable Housing in California

Tech giant Apple is planning to commit $2.5 billion to address affordable housing in California, adding to the list of tech companies that are putting up huge sums of money to deal with housing conditions in Silicon Valley and beyond. Part of Apple’s commitment includes $1 billion into an affordable housing investment fund, $1 billion to a […]


Investment Opportunities in an Unsteady Market?

The market for real estate, much like the broader market today, is unsteady. Investors are often faced with a choice of investing in lower-yield properties, or parking their funds in near-zero-rate liquid investments and taking a wait-and-see attitude for opportunities that may offer better yields. This kind of environment is particularly concerning, because with so […]


Make Digital Closing a Reality: Webinar

Make Digital Closing a Reality: The 5 Things You Need to Know NOVEMBER051:00 PM CST The promise of digital closing has not been fulfilled yet. While many lenders have digitally enhanced some parts of the mortgage process, the process itself often remains largely disconnected and painfully manual. Average production expenses are at a record high […]


Biggest Takeaways from MBA Annual 2019

Texas roundup The Mortgage Bankers Association’s annual convention rolled through Austin this year, leaving behind important announcements and implications for the future of the mortgage industry. Outgoing MBA chairman, Christopher George, gave the conference’s opening remarks, welcomed chairman-elect, Brian Stoffers, and stated how the industry doesn’t need more rules, it needs better clarity on the […]


First Time Home Buyers

If you’ve bought your first home in the past five years, you’ve probably learned some tough lessons. And that learning curve could cost you. A new survey from personal finance website NerdWallet takes a look at homebuyer trends. And the research finds that first-time homebuyers more often face disadvantages at the negotiating table. Individuals shopping for their […]


Tech Tuesday 004

Every Tuesday, Certified Credit will shine the spotlight on one of our awesome business partners. We know that from great partnerships come great opportunities and that together, we can do more. This week, we shine the spotlight on: LexisNexis!