Mortgage industry prepares to weather the coronavirus

While interest rates that have moved lower because of the coronavirus have boosted loan volumes to date, there are fears that a possible spread of COVID-19 could later slow mortgage originations. The industry is benefiting from the increase in refinance volume, but now that the disease has spread well beyond the borders of China, businesses could have their

12 most affordable housing markets for first-time homebuyers

The barriers to homeownership begin with a lack of affordability, mostly stemming from the dearth of starter level houses. Because of this, the rate of first-time homebuyers lags repeat purchasers. However, some markets offer more opportunity for median-income consumers to purchase a property in their price range. “While expensive markets like San Francisco, Los Angeles and Boston are attractive