News
Millenial Buying Power Poised to Boost Homeownership »
In a recent article in Realtor Magazine Mark Fleming, Chief Economist of First American Financial Corporation, noted “The largest group of millennials by birth year will turn 30 in 2020, which puts them entering their prime homebuying years”. The article continues to describe how millennials have more buying power than the generations that preceded them, making […]
Mortgage Debt »
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Is Mortgage Debt out of Control? The housing crisis of the last decade was partially caused by unhealthy levels of mortgage debt. Homeowners were using their homes as ATMs by refinancing and swapping their equity for cash. When prices started to fall, many homeowners found themselves in a negative equity situation (where their mortgage was […]