Homebuyers express willingness to consider extended mortgage terms.
A recent survey highlights that 73% of prospective borrowers are open to longer loan terms for reduced monthly payments, indicating shifting borrowing preferences.
A recent survey highlights that 73% of prospective borrowers are open to longer loan terms for reduced monthly payments, indicating shifting borrowing preferences.
Prospective homebuyers, from Gen Z to investors, face similar challenges in today’s market as they navigate their purchasing decisions amidst changing conditions.
Join Tracey Velt as she engages with Illinois Realtors' president Tommy Choi and CEO Jeff Baker to explore industry challenges, opportunities, and education.
Regulatory experts analyze Russell Vought's move to cut CFPB funding, exploring its implications for RESPA enforcement and UDAAP compliance among private lenders.
A union is suing the OMB head for actions taken as acting CFPB director, raising concerns about oversight and regulatory impact on federal agency operations.
Only 15% of California homebuyers could meet the income threshold for a median-priced home, highlighting affordability challenges in the market.
Discover the latest initiative supporting homeowners in disaster recovery by ensuring they receive interest on insurance payouts, enhancing financial resilience.
Explore the impact of President Trump's administration on the CFPB, detailing significant changes and developments that affect private lenders and the mortgage industry.
State Farm's decision to drop 9,500 policies in wildfire-affected neighborhoods raises concerns for private lenders about risk assessment and market stability.
Explore the implications of the NAR settlement for private lenders, focusing on how it protects real estate brokerages with sales under $2 billion.