Arizona Senator Ruben Gallego wants to use an employment-based visa program to draw more foreign investment into the US housing market, the latest proposal from Washington aimed at easing an affordability crunch caused by years of underbuilding and higher mortgage rates. Gallego – a Democrat whose travel to key states this year spurred speculation of […]
Senator seeks to tap foreign visa program to ease housing costs Read More »
Only a handful of ZIP codes in the nation’s largest metros remain affordable for would-be homeowners. Movingplace found that just three of the 150 most populous ZIP codes had median home prices low enough to keep mortgage payments under 28% of income, a common benchmark for affordability. Conforming mortgage guidelines call for a 28%
New York has most expensive ZIPs for renters looking to buy Read More »
Bank mortgage servicers dominate the top of the first ever J.D. Power U.S. Mortgage Servicer Digital Experience Study, highlighting the slower industry-wide adoption of mobile apps in this area. The bank lenders have had mobile apps in the marketplace much longer than most non-banks. Of the 17 mortgage servicers that received scores, seven of the
Bank servicers lead new J.D. Power digital app rankings Read More »