Applications for government-backed purchase mortgages were up 4% week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association
In China, most recent buyers of new apartments took out mortgages before their buildings were finished. Now many are threatening to not pay
Purchase loan activity has dropped in 5 of the last 6 weeks as some buyers remain wary, according to the Mortgage Bankers Association
Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company's 'buy with cash' product, according to a spokesperson
Opinion
Whether you're a new agent or a top producer, it takes planning and some smart tech tools to get your finances shipshape for the long haul
This case is the first-ever redlining settlement against a mortgage company and the second-largest such settlement in DOJ history
Opinion
Although the Fed's move to calm the market is a step in the right direction, it may not ultimately have much effect on affordability
Longer loans, including a 50-year concept recently floated in the UK, are sometimes framed as a way to improve housing affordability. But the experts aren't convinced
Mortgage upstart Better's plan to go public via a SPAC merger faces new challenges as banks that were advising the companies resign their roles
Learn how to achieve more with timely and actionable advice from real estate and mortgage marketing expert Jessica Siguenza
Power buyers became synonymous with cash offers during the first 2 years of the COVID housing market. Homeward's CEO shares what's next for the sector ahead of Inman Connect Las Vegas
Q2 of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least 2 decades. Median home purchases would have taken up 31.5% of average annualized wage
The embattled mortgage company confirmed it had let go of Chad Walker shortly after 3 other executives have recently departed. Nick Taylor will replace Walker as head of the division
Opinion
Apply the principles of the envelope or bucket method to both banking and investment accounts to make your money work as hard as you do
Mortgage payments are as high as it's been in recent memory. But a sudden slowdown in growth may spell a turning point for the market
Opinion
Although there is still an inventory shortage, cash buyers can use this time to enjoy a wider selection of homes than buyers who are taking out a loan
