About Kris Barros

Kris Barros is the Director of Corporate Communications at Embrace Home Loans. He always has his eye on the market and real estate industry in order to bring you the most up-to-date, relevant mortgage news.

How Last Week’s Stock Market Impacted Home Buying

Last week, we talked about stock market volatility and the potential impact on the home buying consumer. Last week’s mortgage application numbers seem to reflect that impact was significant, with purchase applications down 6% for the week—but still 4% higher than last year. What we may have witnessed is the result of some frustrated homebuyers [...]

By | 2018-02-15T09:34:13+00:00 February 16th, 2018|Categories: Mortgage|Tags: |

What Does the Stock Market Volatility Mean for Mortgages?

If you've been paying attention to the news recently, you've undoubtedly thought, "What does the stock market volatility mean for mortgages?" summed it up best:“pretty much nothing”---unless the recent volatility is dragged out over the next few weeks, which is good news for lenders and real estate professionals. The greatest impact will be to [...]

By | 2018-02-14T13:52:18+00:00 February 9th, 2018|Categories: Mortgage|Tags: |

Give Your Buyers a Competitive Advantage This Spring

How many times have you heard “there has never been a better time” to do something? This statement couldn’t be more true if you are thinking about preparing for this spring’s home buying season. Interest rates are up, home prices continue to rise, inventory is low—and likely to stay that way—and continuing to rent is [...]

By | 2018-02-14T13:52:36+00:00 February 2nd, 2018|Categories: Mortgage|Tags: |

Home Buyer on the Fence? How Waiting Can Hurt Borrowing Power

A young homebuyer makes about $85,000 each year. Assuming solid credit---and other monthly liabilities, like car payments and student loans (limited to $600/month) and taxes, homeowners insurance and mortgage insurance on the new home (about $700/month)---that prospective homebuyer could possibly qualify for about $352,000.

By | 2018-02-14T13:53:06+00:00 January 26th, 2018|Categories: Mortgage|Tags: |

The Rise of the Millennial Homebuyer

Dylan. Chelsea. Austin. Alexandra. Taylor. If you are fond of Jeopardy, you may be thinking “What are names that spiked in popularity between 1992 and 1995?”  Good news: You are correct. According to ATTOM Data Solutions, who analyzed the first names of more than 4 million individuals who purchased homes in 2017, those are the [...]

By | 2018-02-14T13:53:20+00:00 January 19th, 2018|Categories: Mortgage|Tags: |

How Realtors & Mortgage Lenders Can Help Homeowners Leverage Trillions in Equity

Recent news has homeowners sitting on trillions in cash—$5.5 trillion in equity before they even get to 80% loan-to-value against the home, according to Black Knight Data and Analytics. Many in the industry see it as an equity loan or line of credit mortgage opportunity—and it certainly is. However, it’s also an opportunity for homeowners [...]

By | 2018-02-14T13:54:14+00:00 January 12th, 2018|Categories: Mortgage|Tags: |

2018 Market Insights: Looking Forward to a Prosperous Year

2017 wrapped up pretty well. Home prices were up about 6% year-over-year, as were median sales prices. Interest rates are still low and affordable to many, and the economic outlook for 2018 seems okay. As we finish up this first week of 2018 (and adjust to the bitter cold of winter), there’s a lot to [...]

By | 2018-02-14T13:54:54+00:00 January 5th, 2018|Categories: Mortgage|Tags: |

Destination or Fresh Start

Some see the New Year as a destination. Maybe to some it is an opportunity to close a chapter. For some it is a new start. It is pretty much about your prospective. But no matter what that prospective, the New Year is basically a mile marker in a journey. I

By | 2018-02-14T13:55:11+00:00 December 29th, 2017|Categories: Mortgage|Tags: |

The Art of the Regift

We have all received bad gifts. Or what we perceive to be bad gifts because we don’t see it as useful or the color is something we don’t like. Maybe we have one or several of something. Then there are the kid’s gifts. The clothes and toys they get that they just don’t. Maybe they have one. Maybe they don’t have one for a reason.

By | 2018-02-14T13:55:54+00:00 December 22nd, 2017|Categories: Mortgage|Tags: |

2017 Best Year for Housing

According to Freddie Mac, 2017 will likely be the best year for housing in a decade. What is unusual are the findings from the fifth annual America at Home survey that indicates several perceived barriers to homeownership. A lack of down payment, credit concerns and student loan debt prevented many from achieving homeownership according to survey respondents, which consisted in part of 500 millennials.

By | 2018-02-14T13:56:22+00:00 December 15th, 2017|Categories: Mortgage|Tags: |

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