This photo taken on Aug. 22, 2023 shows an advertisement in front of a real estate for sales in Millbrae, California, the United States. The sales of previously owned homes in the... Read more »
Weekly housing inventory data One substantial positive story for 2024 is that we have more housing inventory year over year. It’s not a lot, but anything is positive, which I will take.... Read more »
The Federal Housing Administration (FHA) on Friday announced that it has published a new final rule that eliminates a current requirement for lenders to register the branch offices where they conduct FHA... Read more »
2. Early in the labor market recovery, when we saw some weaker job reports, I doubled and tripled down on my assertion that job openings would get to 10 million in this... Read more »
With ongoing liquidity challenges and a continuing lag in Home Equity Conversion Mortgage (HECM) case numbers, reverse mortgage business in 2024 started off with a bit of a whimper. Both HECM endorsements... Read more »
The report on the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI) Fund was another positive overall development for the program, with the estimated economic net... Read more »
United Bank will consolidate its mortgage subsidiaries into one unified mortgage business amid the housing industry struggles with elevated interest rates. United Bank has been delivering mortgage services through three channels, including... Read more »
If you are thinking about buying a home or refinancing your current mortgage, you might be wondering how interest rates have changed over time and what factors affect them. In this blog... Read more »
Finance of America Companies (FOA) President Kristen Sieffert is bullish on the prospects for the reverse mortgage industry’s leading lender in 2024, particularly after the company went through a series of major... Read more »
Mortgage rates in the U.S. will decline by the end of 2024, according to the latest Bloomberg Markets Live Pulse survey. The rate on a 30-year, fixed mortgage is expected to fall to 5.5% by Dec.... Read more »