The value of all U.S. owner-occupied homes increased to a record $26.1 trillion in the first quarter, according to a Federal Reserve report released Thursday known as the Flow of Funds. That was a gain of 4.3% from a year earlier, the slowest annualized increase since 2012. The collective value of U.S. homes is now 15% higher than […]
Russ Donnan, Certified Credit’s CIO, will be attending the MISMO (Mortgage Industry Standards Maintenance Organization)’s Spring Summit 2019 in Milwaukee, WI on June 3-7!
John LaBriola and Paul Blue Robinson of Certified Credit will be attending!
We are so honored to be sponsors of Security National Mortgage’s golf classic benefitting Cars 4 Kids Foundation! Look for us driving around in the snack cart!
Mortgage loan officers need to market their services toward the fact millennials are more likely to become homeowners prior to marriage than baby boomers were. Nearly half of those between the ages of 22 and 38 that were married said they and/or their spouse purchased a property before they got hitched, compared to 35% of […]
In March, annual home-price gains continued to slow across the nation, according to the latest Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. Home prices in March increased 3.7% nationwide from a year ago, sliding from the 4% annualized gain in the previous month’s report. The graph below highlights the average home prices within the 10-City and 20-City Composites. Before seasonal adjustment, […]
We hope that you have a relaxing day with friends and family.
With mortgage rates falling to their lowest level in over a year, refinance volume drove this week’s increase in application activity, according to the Mortgage Bankers Association. The MBA’s Weekly Mortgage Applications Survey for the week ending May 17 found that total submissions were up 2.4%, led by the refinance index increasing 8% from the previous […]
Despite the benefits of going to a fully or hybrid digital mortgage process, some lenders still hesitate to adopt it as fast as expected. Adoption is found in pockets and where specific problems try to get solved, but acceptance is not happening all at once. Change invariably impacts the borrowers as well and that can […]
Mortgage interest rates have fallen for the fourth week in a row to match the one-year low set at the end of March, giving way to an uptick in purchase demand, according to the latest Freddie Mac Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 4.06% for the week ending May 23, 2019, down from last week’s rate of […]