Have you ever found yourself wondering about the possibility of saving a substantial amount of money every month? If so, you’re not alone! Many homeowners are beginning to realize that refinancing at... Read more »
After reaching their highest level since July 2022, mortgage applications have declined for two straight weeks, counteracting some recent positive signs for a still-sputtering housing industry. According to weekly data released Wednesday... Read more »
Let’s talk about something that’s on a lot of people’s minds: higher mortgage rates and whether they’ve completely killed the housing market’s buzz. Have rising rates finally slowed down the crazy housing demand... Read more »
Despite 2024 being a challenging year for sales volume, the reverse mortgage industry is still encouraged by the engagement of the Federal Housing Administration (FHA) on matters related to the Home Equity... Read more »
Home sales and home prices have been improving for several weeks. Unfortunately, this period could be fleeting, because we had strong economic news last week. Ironically, a strong employment situation in the... Read more »
In the modern mortgage landscape, quality control (QC) stands as a critical pillar supporting the industry’s integrity and stability. As market conditions fluctuate and regulatory scrutiny intensifies, lenders must adopt a comprehensive... Read more »
Mortgage rates predictions for the next three months are shaping up to be quite optimistic, with many experts forecasting a potential decline to around or under 6% by the end of October 2024.... Read more »
The HousingWire Pulse Survey for Q4 2024 provides valuable insights into the current state of the real estate market from various perspectives: brokerage leaders, mortgage professionals, and real estate agents. The quarterly... Read more »
Labor over Inflation has been the theme for mortgage rates to go lower in 2024, with the understanding that as soon as the labor market softens, the 10-year yield should head lower,... Read more »
The Federal Reserve cut rates by 0.50% on Sept. 18 and mortgage rates and bond yields headed higher. But, we have to remember that mortgage rates had already made an almost 2%... Read more »