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By Aly J. Yale November 15, 2019 The 2019 housing market has been one of low rates, high demand and limited supply—particularly on the lower-priced end of the market.  Will 2020 be more of the same? According to experts, yes and no. We spoke to six mortgage, real estate, and housing professionals. Here’s what they…

Another Great Closing at Mid-Island Mortgage: Senior Mortgage Banker Vick Ramdeen (left) arranged an affordable cash-out refinance for the Sampats in Queens, NY.

Another Great Closing at Mid-Island Mortgage: Senior Loan Officer Maria Estrada (left) provided the mortgage expertise necessary for Michelle and Beatriz Pajevic (center left and right) to purchase their first home. Also playing a key role was the buyers’ realtor Marco Suarez of Suarez Realty. 

By Phil Hall November 14, 2019 An increase in rents across the country has create a new level of anxiety and challenge for households that do not own their residence, according to new data report from Zillow.  The new report, which was based on a survey of 13,000 households, noted that renters typically spend a larger…

By Irina Ivanova November 8, 2019 Climate change could punch a hole through the financial system by making 30-year home mortgages — the lifeblood of the American housing market — effectively unobtainable in entire regions across parts of the U.S.  That’s what the future could look like without policy to address climate change, according to…

By Kathleen Howley November 11, 2019 Congress will consider legislation on Wednesday to fix the so-called QM Patch that permits some loans to borrowers with high debt levels to be considered Qualified Mortgages. The House Financial Services Committee is debating H.R. 2445 that gives originators the option of either relying on Appendix Q in the Qualified Mortgage…