Mortgage rates fall to 5.10% in biggest drop since 2020
Rates on 30-year fixed-rate mortgages have dropped 20 basis points in two weeks, the most dramatic decline since April 2020
by Ben Verde May 26
Zillow, Opendoor and Compass debut on the Fortune 500
The companies all debuted within a few slots of established player Realogy, and highlight both the role of tech in real estate and the rise of bitter rivalries
by Jim Dalrymple II May 23
A mortgage giant crunched 47 years of housing data. Here's what it found
The new Fannie Mae Home Price Index aims to capture a broader picture of the housing market. What it found was the fastest annual pace of home price growth in nearly half a century
by Matt Carter Apr 18
Mortgage tech provider Gateless looking to ride automation wave
The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week
by Matt Carter Apr 15
Would-be homebuyers rushed to lock in mortgage rates in March
Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31% from February likely driven by borrowers moving to secure loans before rates rise
by Matt Carter Apr 10
New tools from Clear Capital facilitate desktop appraisals
Real estate agents and brokers approved by Clear Capital provide property information that supplements data from public sources, helping appraisers complete accurate desktop appraisals
by Matt Carter Mar 31
United Wholesale Mortgage sees erosion in profit margins firming
The nation's largest wholesale mortgage lender released Q4 and full 2021 earnings Tuesday, revealing it originated a record $226.5B in mortgages last year, up 24% from 2020
by Matt Carter Mar 2
Fannie, Freddie fees on 2nd homes, conforming jumbos go up April 1
Mortgage giants ordered to exempt first-time homebuyers from increases, which could boost private lending
by Matt Carter Jan 18
Wells Fargo mortgage production fades as it closes branches
Nation's biggest provider of purchase loans made 27% fewer loans to homebuyers in 2021
by Matt Carter Jan 17
On anniversary of all-time low, mortgage rates climb past 3.2%
Mortgage rates rose 11 basis points this week as the Federal Reserve signaled it intends to shrink its balance sheet, according to Freddie Mac’s latest lender survey
by Daniel Houston Jan 6
Fannie and Freddie must factor in climate change risks: FHFA
Climate change is seen as 'an emerging and increasing threat to US financial stability,' according to guidance issued by the Federal Housing Finance Agency
by Matt Carter Jan 3
The top 21 Inman stories of 2021
In a year that seemed like a reprise of 2020 — call it '2020 Light' — the past 12 months have been filled with anxiety. Take a walk down memory lane as Inman reveals its most-read stories of 2021
by Inman Dec 31
The biggest mortgage, lending and housing finance stories of 2021
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
by Matt Carter Dec 29
Mortgage rates dip as Omicron variant triggers market volatility
30-year mortgage rates fell to 3.05%, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey, released Thursday
by Daniel Houston Dec 23
Before the Fed sped up tapering, mortgage rates saw little change
With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks
by Daniel Houston Dec 16