Falling mortgage rates have more homeowners interested in refinancing, but homebuyers are largely staying on the sidelines. Rates may now be poised for a bigger drop
Affordability challenges will limit growth in home sales to 0.5% this year — to just 4.78M — before surging to 5.19M in 2025, according to the latest housing forecast from Fannie Mae economists
Title tech provider boosts revenue by 18%, halves EBITDA loss to $3M as $85M merger with Dallas, Texas-based title insurance underwriter Title Resources Group to close later this year
The average loan balance for first mortgages rose from $345,761 in Q1 to $356,993 in Q2, the Mortgage Bankers Association reported
Numbers suggest that the labor market cooled off much faster than previously thought. The Federal Reserve now has a case to make a bigger cut in interest rates come September
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How low do rates need to go to reinvigorate the housing market? Buyer and seller responses vary in the latest Inman-Dig Insights consumer survey, suggesting its contours are still being shaped
Since launching in 2021 as the 'Stripe of real estate,' Setpoint has expanded into additional asset-backed lending lines including auto, consumer and small business
Investors see a September rate cut as a given, but the latest inflation data suggests recession fears are overblown and that the Fed will start out with a modest, 25-basis point reduction
Kiavi has packaged up more than $5.1B in 'residential transition loans' for sale to investors. The latest deal — the first to be evaluated by a credit rating agency — was bumped up to $400M
Franchise sales have slowed, and some existing franchisees have canceled their agreements, but Motto Franchising President Ward Morrison expects growth to resume when lending picks up
Cloud banking software provider continues to grow consumer banking revenue, while reversing the decline in its main line of business of providing services to mortgage lenders
Austin, Texas-based fintech's flagship product, 'The Trade-In Mortgage,' helps homebuyers make non-contingent offers and removes their current house from debt-to-income calculation
Digital mortgage lender boosted Q2 loan production by 45% and says it's on track to originate more than $1B in mortgages in Q3 for the first time in 2 years, but losses continue to mount
The big drop in mortgage rates did more to spur refinancing than homebuying, according to a weekly survey of lenders by the Mortgage Bankers Association, and now rates are rising again
Fannie Mae survey shows would-be homebuyers grew even more frustrated with elevated home prices and mortgage rates in July, but 7 in 10 didn't think rates would come down anytime soon