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May 19, 2014 In Home Mortgage

U.S. Mortgage Lending Volume Hits a 17-Year Low

The U.S. housing market is witnessing a 17-year low in the lending volume. The downturn was triggered by a percent point increase in the interest prices last year, which in turn was a result of Federal Reserve’s announcement of tapering its stimulus cash. The average

May 20, 2013 In Blog, Home Mortgage, Lender Solutions

Home Affordability Still A Reality!

Last year, the American housing market saw historically low mortgage rates and it was seen that homeowners paid approximately 37% less per month in the fourth quarter of 2012, even though homes cost about 14.5% more. Zillow conducted a study of current and historic median