Are Lending Standards Too Loose…Or Too Tight?

With home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that housing boom and bust was the loosening of standards for mortgage credit. In...
Mortgage Guidelines Are loosening

Mortgage Guidelines Are loosening

In the fourth quarter of 2016 we witnessed a great number of mortgage lenders loosen their approval standards.  We also saw a spike in interest rates, but if history is an indicator of where interest rates are going for the remainder of 2017, rates should flatten or...