New study shows fear of mortgage rejection driving potential borrowers away
Many would-be mortgage borrowers are giving up before they even apply for a loan.
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Many would-be mortgage borrowers are giving up before they even apply for a loan.
Despite assertions that the Consumer Financial Protection Bureau's Qualified Mortgage rule would impose stricter rules on debt-to-income ratios, a recent report from The American Enterprise Institute shows the contrary.
While the housing market tends to fluctuate every now and again, that has not caused potential buyers to lose hope that owning a home is a worthy investment.
In order to help borrowers get approved for loans, some banks are starting to tweak their lending standards.
According to new reports from Morgan Stanley and Barclays, home values are likely to increase in 2014.
Recent data suggests that many housing markets across the country are exceeding economic expectations.
Loan originations for multifamily homes and commercial properties during the first quarter of 2014 were a bit lower than expected when compared to the same time period in 2013, according to a new survey from the Mortgage Banker's Association.
Homeowners seem to be a bit more responsible in paying back their mortgages, according to a new report from TransUnion.
With rising home prices and fewer homes available for potential owners to choose from, the spring homebuying season has not hit the apex some Realtors and housing experts were hoping for.
Millennials are a huge demographic for the housing market, but several economic factors are forcing them to rent as opposed to buying a home.