In the Know

Renters now setting their sights on homeownership
Posted Friday June 23, 2017 in Industry News

A recent study from TransUnion showed American renters are increasingly setting their sights on homeownership. The number of renters shopping for a home increased from last year and from 2015. The study showed 55% of those who shopped for a mortgage in the first quarter of 2017 were non-homeowners, most of whom were renters. This… Read more »

The Subconscious Ways Facebook Is Influencing Your Home Buying Decisions
Posted Wednesday June 21, 2017 in Mortgage + Real Estate Tips

When people make life-altering financial decisions, they often turn to someone in their social network for guidance, even if that person doesn’t have much expertise. Home values are skyrocketing, rising 5.9% in the most recent S&P/Case-Shiller index, hitting a 33-month high. Many renters are now itching to make an offer. That desire can grow even more intense… Read more »

Why Mortgage Rates are Falling Even As the Fed is Raising Interest Rates
Posted Tuesday June 13, 2017 in Industry News

When the Federal Reserve gathers on Wednesday, policymakers are all but certain to lift interest rates again in an attempt to keep inflation at bay by raising borrowing costs. This will likely mark the third quarter-point rate hike announced by Fed chair Janet Yellen since last December. But if that’s the case, why have mortgage rates sunk to near… Read more »

Skyline’s Reverse Mortgage Division Partners with Software Company
Posted Friday June 9, 2017 in Industry News

Skyline Home Loans is pleased to announce that we will be working with ReverseVision, a leading provider of software and technology for the reverse mortgage industry! This partnership will allow us to focus more on our growing reverse mortgage division to help us serve the growing market for home-equity conversion mortgages. “By growing our retail… Read more »

Avoid These Roadblocks to Closing
Posted Monday June 5, 2017 in Mortgage + Real Estate Tips

“Clear to close!” That is definitely one of my favorite phrases of all time. But getting to that point can sometimes be challenging. According to the REALTORS® Confidence Index, which is based on responses from more than 2,500 Realtors nationwide, 23 percent of real estate professionals say they faced closing delays for a transaction in March,… Read more »

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