Welcome to the FREEandCLEAR Blog! Our blog offers unique insights on the latest mortgage market news and trends. We also use our blog to shine a spotlight on important topics that are shaping the real estate and mortgage markets including housing affordability, socioeconomic developments and financial literacy. We are always adding interesting features to the FREEandCLEAR Blog so sign up below to receive our Mortgage Market Update and other posts or check back frequently.
The Most Challenging Part of Getting a MortgagePOSTED: Wednesday March 22, 2017
One of the key findings of the FREEandCLEAR Mortgage Survey is that borrowers find the mortgage process challenging, if not overwhelming. One of the primary objectives of our survey is to identify the most challenging components of the mortgage process and better understand the source of borrowers’ frustrations. Knowing what part of the mortgage process borrowers find […]
75% of Borrowers Compare Mortgage Process to Physical or Going to DentistPOSTED: Wednesday March 15, 2017
One of the main goals of the FREEandCLEAR Mortgage Survey is to understand what borrowers think about the mortgage process. With over four decades of mortgage industry experience, our hypothesis prior to conducting the survey was that borrowers find the mortgage process challenging, confusing and perhaps even overwhelming. When asked to compare the mortgage process […]
Federal Reserve Announces Rate HikePOSTED: Wednesday March 15, 2017
Federal Reserve Announces Rate Hike In a highly anticipated move, the Federal Reserve announced that it increased the target range for the federal funds rate by .250% to .750% to 1.000%. The Fed highlighted a strong labor market and increased household spending in explaining the rake hike. Most industry observers expected a rate increase […]
FREEandCLEAR Releases Inaugural Mortgage SurveyPOSTED: Tuesday February 28, 2017
Over One Third of Borrowers Compare the Mortgage Process to Going to the Dentist According to the Inaugural FREEandCLEAR Mortgage Survey FREEandCLEAR is excited to release the initial thought-provoking results from its inaugural Mortgage Survey. The mortgage survey provides an insightful analysis of how borrowers think about, experience and understand the mortgage process. […]