Dayton Ohio Mortgage Forecast: Easy Money?

The Dayton Ohio mortgage forecast – at least for the near future – is that home loans will continue to be easier to obtain than anytime in the last ten years. The Mortgage Bankers Association (MBA) recently published a report showing data that seems to suggest mortgage lenders have relaxed many of their lending regulations […]

Dayton Ohio Mortgage Outlook: Are Rates Going to Rise?

The Dayton Ohio mortgage outlook is expected to include higher interest rates for 2017. The Federal Reserve’s recent short-term interest rate hike was both highly anticipated and expectedly minimal. And, while the fed funds interest rate has little direct correlation to longer-term mortgage interest rates, there has been – and may continue to be – a […]

Rising Mortgage Rates Could Hurt Dayton Ohio Housing

The Dayton Ohio housing and economic outlook for 2017 seems to be filled with nagging questions about how gradually increasing interest rates may affect the continued improvement of the housing market. While interest rates have edged slightly upward in the last several weeks – most notably in response to the stock market’s post-election gain – home […]

Dayton Ohio Mortgages – What Will Slightly Higher Rates Mean?

Interest rates recently rose slightly, raising the question of what affect they will have on Dayton Ohio mortgages. Rates increased for the first time in more than two months, creating a sell-off in the U.S. Treasury bond market. Mortgage interest rates have traditionally been tied loosely to the 10-year Treasury bond yield. While the increase […]

5 Ways Technology Affects the Dayton Ohio Mortgage Business

Technology and the digital age has certainly made an impact on the Dayton Ohio mortgage business. While roughly 90% of prospective homeowners search online for a home, less than 10% of mortgage lenders offer a comprehensive digital mortgage experience.  Now, mortgage lenders are starting to enter the 21st Century by gradually reinventing the mortgage process. […]