Mortgage purchases spike as rates hit a new all-time low
Mortgage rates fell to 2.92% this week, down from 2.99% the week previous, according to new Mortgage Bankers Association data released Wednesday
by Patrick Kearns Nov 25
Mortgage rates set new record low for 13th time in 2020
The average 30-year mortgage hit an all-time low of 2.72%, according to Freddie Mac
by Patrick Kearns Nov 19
Low interest rates spur new high for mortgage originations
During the third quarter, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years
by Lillian Dickerson Nov 18
Rocket CEO: Agent response to new tech platform is 'overwhelming'
Jay Farner predicted Rocket Pro Insight would have a real estate agent client base of more than 15,000 by the end of the year
by Patrick Kearns Nov 16
David Brickman to leave Freddie Mac amid conservatorship woes
Freddie Mac CEO David Brickman's resignation will take effect on Jan. 8 as the enterprise continues its battle to exit a decade-long conservatorship
by Marian McPherson Nov 13
EasyKnock founder: 'Agents have to differentiate themselves'
EasyKnock CEO Jarred Kessler argued during Inman Connect Now Thursday that agents need to show that they're on the cutting edge
by Jim Dalrymple II Nov 12
Better.com raises $200M in Series D funding round
The New York City-based digital mortgage startup plans to use the money to grow its team and technology products at a time when mortgage demand is booming
by Patrick Kearns Nov 10
Mortgage rates hit another historic low amid electoral uncertainty
With 30-year, fixed-rate mortgages dropping to 2.78%, it's the 12th time this year that rates have hit a new low, according to data released Thursday by Freddie Mac
by Patrick Kearns Nov 5
older millennial
Refinances accounted for 43% of all closed loans for millennials in September, according to a new analysis by ICE Mortgage Technology
by Patrick Kearns Nov 4
Here's how Trump and Biden stack up on housing issues
The president and former vice president have sharply divergent views of how to handle things like housing affordability, discrimination and homelessness
by Jim Dalrymple II Nov 3
Low mortgage rates are propping up economy and propelling growth
The average rate for a 30-year, fixed-rate mortgage was 2.81%, a shave higher than last week's historic low of 2.8%, according to Freddie Mac's Primary Mortgage Market Survey
by Patrick Kearns Oct 29
Mortgage purchases forecasted to set a record in 2021
The Mortgage Bankers Association on Wednesday predicted that purchase origination volume would grow 8.5 percent year over year to a new record of $1.54 trillion in 2021
by Patrick Kearns Oct 21
How agents can take advantage of new business models in 2021
Adena Hefets of Divvy Homes and Sean Black of Knock talk about how their platforms help agents increase their addressable market at Connect Now
by Andrea V. Brambila Oct 20
32M missed mortgage, rent or student loan payments in September
The number of renters and homeowners able to make payments during the third quarter of 2020 improved slightly from the second quarter, but remained relatively high overall, according to the Mortgage Bankers Association's Research Institute for Housing America
by Lillian Dickerson Oct 16
Foreclosure activity hits historic lows as filings drop 81%
Foreclosure filings dropped to a new low in the third quarter of 2020 to a number not seen since the first quarter of 2008
by Lillian Dickerson Oct 14