Demand for mortgages cools as rates bounce back to July levels
Increase in conventional refinance requests could be a sign that borrowers are reacting to higher rates
by Matt Carter Sep 29
Sustained surge in mortgage rates could dent home sales
Fed uncertainty and U.S. debt ceiling cliff are creating volatility in long-term interest rates
by Matt Carter Sep 28
Ideal Agent forges partnership with mortgage, title advisory consultants
Partnering with Incenter allows Ideal Agent customers a more streamlined process for finding and leveraging professional service providers when buying and selling a home
by Craig C. Rowe Sep 28
Are 15-minute mortgage loan approvals the future?
United Wholesale Mortgage says it developed automated document recognition and processing capabilities in-house that allow for an initial mortgage approval in minutes
by Matt Carter Sep 27
Housing industry 'will not be spared' by climate change: MBA
Extreme weather could strain flood insurance to breaking point, undermine home prices, and drive mortgage defaults, according to the Mortgage Bankers Association
by Matt Carter Sep 27
Ocrolus valued at $500M after raising $80M Series C round
The document automation platform is staffing up its machine learning and data science teams in the wake of the new funding round, which was led by Fin VC
by Matt Carter Sep 27
Mortgage rates continue to flatline ahead of Fed tapering details
Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve's tapering plans
by Daniel Houston Sep 24
The Evergrande crisis: Everything real estate agents need to know
One of China's largest property developers is in dire financial straits and the world is watching. What does it mean for the US housing market, real estate agents and economy?
by Daniel Houston Sep 23
Low mortgage rates keep home costs in an acceptable range
Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk
by Daniel Houston Sep 22
Fed prepared to taper mortgage purchases this year
Latest policy stance sets the stage for the Federal Reserve to start scaling back debt purchases in November
by Matt Carter Sep 22
Interest in second homes remains down for third consecutive month
Many buyers are still considering second-home purchases, but the number was down from last year's blistering levels, according to a report from Redfin on Wednesday
by Daniel Houston Sep 22
Demand for mortgages surges as inventory situation improves
Prospective homebuyers submit requests for purchase loans at pace not seen since April
by Matt Carter Sep 22
Will every mortgage lender soon have a cash offer product?
Regional mortgage lender Evergreen Home Loans' cash offer product is available in 4 states. Will this become the norm?
by Matt Carter Sep 21
Struggling homeowners may evade foreclosure thanks to surging prices
Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists
by Daniel Houston Sep 21
Tomo's CEO on the mortgage industry: 'It's like going to the DMV'
During a conversation with Brad Inman at Connect Now, Greg Schwartz said 'mortgage is the catastrophe of the real estate transaction,' and shared how Tomo is changing that
by Lillian Dickerson Sep 21
Landmark study confirms troubling 'appraisal gap' in minority enclaves
Mortgage giant Freddie Mac's analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias
by Matt Carter Sep 21