Mortgage Debt Climbs to $15.8 Trillion

The Federal Reserve reported that outstanding U.S. mortgage debt increased 1.2% to $15.8 trillion in the third quarter of 2019 from Q2 2019. This increase represents the largest quarter-to-quarter gain in almost two years, much of which is due to the robust demand for...

Millennials Going Small

Getting into the market, specifically the real estate market, requires crossing a number of thresholds financial thresholds. For lenders, credit scores still play a big part of the process. Lenders differ, but most require a 620 score, with 580 representing the floor...