Originations and Rate Locks Down in October
Overall, rate locks were down 5.9% in October compared to the previous month, also seeing a 23.3% month-over-month decrease in ...
Tag: Financing
Mortgage Rates Fall Slightly, But Still Above 3%
The 30-year fixed-rate mortgage (FRM) averaged 3.09% for the week ending Nov. 4 according to Freddie Mac's Primary Mortgage Market ...
Credit Report Disputes More Common in Majority Black and Hispanic Neighborhoods
The Consumer Financial Protection Bureau (CFPB) recently released research finding that consumers in majority Black and Hispanic neighborhoods, as well ...
Year-End Outlook: Climbing Mortgage Rates Strain Buying Power in 2022
The move does not appear to have immediately shaken the industry, though long-term implications of Zillow's withdrawal remain uncertain.
Rocket Mortgage Partners With Salesforce
Rocket Mortgage announced a partnership with Salesforce to make the company’s mortgage origination technology available to banks, credit unions and ...
Fannie and Freddie Loans in Forbearance Drop Below 1%
The total number of loans now in forbearance decreased by 6 basis points to 2.15% of servicers' portfolio volume as ...
Why You Should Lock in a Mortgage Rate Ahead of the Next Fed Meeting
(TNS)—With the next Federal Reserve meeting set for Nov. 2-3, now is probably a good time to lock in a ...
MBA Introduces 2022 Affordable Homeownership Advisory Council
The Mortgage Bankers Association (MBA) recently announced the members of its 2022 Affordable Homeownership Advisory Council. The Affordable Homeownership Advisory ...
DOJ Announces New Initiative to Combat Mortgage Lending Discrimination
The Department of Justice (DOJ) announced on Oct. 22 a new initiative to combat what United States Attorney General Merrick ...
Commercial and Multifamily Mortgage Delinquencies Down in July
Delinquency rates for mortgages backed by commercial and multifamily properties declined in July, according to the Mortgage Bankers Association's (MBA) ...
What to Watch Out for When Editing Listing Photos
Learn the tricks of the trade to nail down many ways to photograph properties, from snapping quick pics with a smartphone to shooting on a proper camera mounted on a tripod. Read more.
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