Despite increasing mortgage rates and economic volatility, the outlook among home buyers and sellers improved on both a monthly and annual basis, according to Fannie Mae’s latest housing survey. The government-sponsored enterprise’s monthly Home Purchase Sentiment Index increased to a reading of 73.6 in May, up from 69.2 one month earlier. May’s level also rose […]
Home purchase sentiment rises after tariff pause Read More »
If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and programs out there that can help – if you know where to look. And one thing that can make homeownership easier to achieve? An FHA home loan. They’re designed to help you
Buying Your First Home? FHA Loans Can Help Read More »
RetroRate, a startup focused on making assumable mortgages easier to find and evaluate, has raised $2.2 million in seed funding. The platform allows real estate agents to find assumable loans through MLS data and guides them through a complex approval and closing. By streamlining this process, RetroRate aims to make assumable mortgages more accessible and
RetroRate funding round will fuel assumable mortgage tool set Read More »
The 2025 U.S. housing market is flashing warning signs reminiscent of 2008: rising household debt burdens, persistent inflation and home prices that are outpacing incomes. Unlike the pre-2008 era, stricter lending standards and robust regulations have kept mortgage delinquency rates low, significantly lowering the odds of a catastrophic collapse. Yet, the growing share of income
Will the 2025 housing market crash like 2008? Read More »
I love taking my son to the arcade, sharing with him the games I grew up playing and the workarounds that can help improve his odds of winning. On one such trip, we spent too much time and money trying to win a prize out of the arcade’s claw machine. It got me thinking about
Think the 2025 market is a claw machine? Here’s how to win anyway Read More »
Real estate brokerages have faced their fair share of challenges over the past year — from legal threats and business practice changes, to a slow housing market and the breakneck pace of technological development. With all of these changes and challenges many wonder if we are on the precipice of a brokerage mass extinction event.
Are real estate brokerages going the way of the dodo? Read More »
A pair of billion-dollar originators are sparring over poaching accusations which were allegedly orchestrated by a father and his sons. Idaho-based Premier Mortgage Resources is suing Canopy Mortgage for unspecified damages over a family’s alleged recruitment of their former PMR colleagues, and loans-in-progress, to Canopy. The Utah-based Canopy has asked a Washington federal court to
Family of originators behind poaching scheme, lender claims Read More »
Global investor pushback against long-term government debt is turning what normally would be a routine US bond auction into one of the most anticipated events on Wall Street this week. The Treasury is set to sell $22 billion of 30-year government bonds on Thursday, part of its regularly scheduled borrowings. The results, though, will receive
‘Most-unloved bonds’ turn routine US auction into crucial test Read More »
Forged checks, false occupancy claims and scams on senior citizens are among the schemes lenders should be aware of as growing interest in home equity lending catches the attention of fraudsters. While home equity lines of credit have been available for decades, the rapid acceleration of mortgage rates over the past three years is raising
What fraud risks do HELOCs pose? Read More »
Mortgage companies could soon find it easier to sell the many single-family loans with interest-rate buydowns into the Ginnie Mae market as it plans to soon exempt custom pools from a recently added restriction. Ginnie, which guarantees securitizations of mortgages that other public entities back at the loan level, said it is updating temporary rules
Ginnie Mae lifts buydown limit for custom pools Read More »