Rates for 15-year mortgages continue slow rise from prior lows
Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans
by Daniel Houston Sep 9
Lenders less certain about future growth in purchase mortgages
Lenders are still anticipating a shift in mortgage lending from refinancing to purchase loans, but it may not be as sudden as previously anticipated
by Matt Carter Sep 9
Americans cashing out as home equity hits record $9.1 trillion
Rise in home values may also help borrowers who decided to put their mortgage payments on hold during the pandemic
by Matt Carter Sep 8
Why Lower.com is about much more than mortgage rates
There's a backstory to Lower that helps explain why the company believes it can now position itself as not just a lender, but 'Everything for your home, for Lower'
by Matt Carter Sep 8
Demand for mortgages retreats to July levels
In what could be a preview of what's in store if mortgage rates continue to rise, demand for purchase loans remains subdued compared to a year ago, according to the MBA
by Matt Carter Sep 8
Fannie and Freddie must submit equitable housing finance plans
Plans are intended as roadmap for reducing racial, ethnic homeownership gap over the next 3 years
by Matt Carter Sep 7
Unlicensed mortgage broker siphoned off $4.74M in refi proceeds
CoreLogic sees heightened risk of mortgage fraud due to shift to purchase loans
by Matt Carter Sep 7
Housing insecurity ticks down in most states, but some worse off
Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago, according to Household Pulse Survey
by Daniel Houston Sep 7
Ida flooding could jeopardize 47,000 home sales in NY and NJ
Flash floods in New York and New Jersey in the aftermath of Hurricane Ida could delay or derail as many as 47,000 pending real estate transactions valued at more than $19.4B
by Matt Carter Sep 7
Homebuyer sentiment ticks up for the first time since March
Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale
by Matt Carter Sep 7
Mortgage rates cap off their most stable month of 2021 so far
Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials
by Daniel Houston Sep 2
Individuals to get better shot at buying foreclosed homes
Biden administration to give owner occupants, nonprofits more opportunities to buy homes before they're snatched up by large investors
by Matt Carter Sep 1
Regulators probe 'education fraud scheme' by loan originators
California is leading a multi-state regulatory task force investigating a company suspected of allowing mortgage loan originators to skirt their pre-licensing and continuing education coursework requirements
by Matt Carter Aug 31
Millions of homes at risk of flash floods from Tropical Storm Ida
Many homeowners at risk may not have flood insurance
by Matt Carter Aug 30
Fed says it wants to see job numbers before tapering
Stock, bond markets breath a sigh of relief that Fed doesn't plan to abruptly withdraw stimulus
by Matt Carter Aug 27
Stewart buying Informative Research to further 'end-to-end' platform goal
$192M deal is Stewart's biggest bet on ancillary services yet
by Matt Carter Aug 27