Central bank policymakers drop short-term rates by 1/2 percentage point and signal more cuts ahead, but much of the impact may have already been priced in to mortgage rates
With prices rising, it's becoming standard operating procedure for big lenders like Rocket to help homebuyers avoid jumbo loan pricing by getting a jump on FHFA's official announcement
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Lenders have gotten into the habit of helping some homebuyers avoid jumbo loans by raising their limits before an official announcement by Fannie Mae and Freddie Mac's federal regulator
After buying a Tribeca penthouse for $9M cash in 1999, the pop star has borrowed millions in loans on the pad's equity in order to fund her lavish lifestyle that reportedly includes $45K dog spa days
Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week's 'dot plot' says about expectations for the pace of future cuts
A new 'Wall Street Journal' report reveals that talks about privatization have been taking place since the spring and have included Trump confidants Larry Kudlow and John McEntee
Rocket will treat loans of up to $802,650 as conforming ahead of expected increase. Last year UWM and Rate also got a jump on the official announcement by Fannie and Freddie's regulator
In August, mortgage rate locks for second homes fell 13.1% year-over-year to the lowest level since March 2016 on a seasonally adjusted basis
DHI Mortgage, Rate and CrossCountry Mortgage ranked as biggest employers of top-producing Latino mortgage originators by the National Association of Hispanic Real Estate Professionals
A surprisingly large increase in core CPI, which excludes volatile food and energy prices, means Fed policymakers are likely to start out with a modest 25 basis-point rate cut next week
New funding will allow Polly's product and engineering teams to double down on new product innovation, including a new AI platform that was recently in closed beta testing
With former JP Morgan Chase Director Priscilla Almodovar serving as Fannie Mae's CEO since 2022, both mortgage giants are now led by women for the first time in history
Fannie Mae's National Housing Survey shows there's greater optimism about the future, but fewer than 1 in 5 consumers thought August was a good time to buy a home
Since hitting a June 21 low of $1.33, shares in the flat-fee real estate brokerage are up 125% as the company continues to add agents and pursue plans to expand operations to all 50 states
August payroll report includes 'huge downward revisions' to previous estimates of June and July job growth, renewing recession worries and prospects for aggressive Fed rate cuts