Reverse mortgage borrowers could get checks after CFPB action

Reverse mortgage borrowers could get checks after CFPB action

In June 2024, the CFPB issued an order that permanently bars Pittsford, New York-based Sutherland Global Services and its subsidiaries, Sutherland Government Solutions, Sutherland Mortgage Services and NOVAD, from servicing reverse mortgages.... Read more »
30-Year Fixed Mortgage Rate Drops Steeply by 78 Basis Points

30-Year Fixed Mortgage Rate Drops Steeply by 78 Basis Points

This is potentially fantastic news for anyone dreaming of homeownership. The 30-year fixed mortgage rate has experienced a significant drop of 78 basis points compared to this time last year, now hovering... Read more »
Mortgage Refinance Demand Drops Weekly But Remains 117% Higher Than Last Year

Mortgage Refinance Demand Drops Weekly But Remains 117% Higher Than Last Year

Even as week-to-week mortgage refinance applications have seen a dip, the overall demand for refinancing homes is still massively higher, sitting at a staggering 117% increase compared to this time last year.... Read more »
30-Year Fixed Rate Holds Steady Around 5.98%

30-Year Fixed Rate Holds Steady Around 5.98%

As of February 4th, if you’re thinking about buying a home or looking to refinance your current mortgage, I’ve got good news: mortgage rates are offering a reassuring sense of stability. The... Read more »
30-Year Fixed Rate Holds Steady Around 5.98%

Rates Below 6% Are Opening a Window for Buyers

For anyone keeping an eye on the housing market, the news today, February 3rd, is pretty good: mortgage rates are holding steady below the significant 6% mark. This is a welcome sign... Read more »
30-Year Fixed Mortgage Rate Drops Steeply by 85 Basis Points

30-Year Fixed Mortgage Rate Drops Steeply by 85 Basis Points

This is big news for anyone dreaming of owning a home or looking to refinance: the 30-year fixed mortgage rate has dropped a significant 85 basis points compared to this time last... Read more »
30-Year Fixed Rate Holds Steady Around 5.98%

Rates Stay Firmly Below 6%, Bringing Borrowing Costs Down

As of today, February 2nd, 2026, mortgage rates are holding comfortably under the 6% mark, with Zillow reporting the 30-year fixed rate at 5.91% and the 15-year fixed at 5.44%. This welcome... Read more »
Lower Mortgage Rates Spark 156% Surge in Refinance Demand

Lower Mortgage Rates Spark 156% Surge in Refinance Demand

If you’ve been thinking about refinancing your mortgage, now might be the time to jump in. Recent data from the Mortgage Bankers Association (MBA) shows a staggering 156% surge in refinance demand... Read more »

Your Mortgage Is Finally Paid Off. Now What?

Owning a home free and clear is a dream for many Americans. And for over 40% of them, it’s already a reality.  If you’re part of this group of people who have... Read more »
30-Year Fixed Rate Holds Steady Around 5.98%

30-Year Fixed Hits 5.91%, Refinancing Becomes Attractive

Finally, the mortgage rates we’ve been hoping for are starting to appear! For those looking to buy a home or refinance an existing mortgage, February 1st marks a significant turning point, bringing... Read more »