Uncategorized

Here’s why non-QM earned its place at the mortgage dinner table

The non-qualified mortgage market has experienced significant growth since its introduction nearly a decade ago. 10 years in, credit ratings agencies regularly release performance metrics for investors, which provide remarkable insight into this extremely versatile asset class. In a recent default study on non-QM performance over the years, for example, KBRA analysts note that non-QM […]

Here’s why non-QM earned its place at the mortgage dinner table Read More »

$67K to sell a home? Consumers drastically underestimate the costs

Home sellers expect to spend about $18,500 on expenses, but the actual cost is more than $67,000, according to a new report from Clever Offers, a platform owned by Clever Real Estate. The report found that on average, recent sellers spent: $21,024 on pre- and post-listing repairs and improvements $14,204 on seller’s agent commission $13,691

$67K to sell a home? Consumers drastically underestimate the costs Read More »

Household income climbs in some big cities, outweighed by inflation in others

Household income in the U.S. rose slightly in 2024, but the picture looks very different depending on where you live. The national median income reached $83,730 last year, up 1.3% from 2023, according to a new report from online fintech company SmartAsset. That modest increase failed to keep pace with the roughly 3% inflation rate,

Household income climbs in some big cities, outweighed by inflation in others Read More »