When Is Someone Able to Terminate a Real Estate Contract?
When you sign the purchase agreement for your dream home, you are locked into a legal contract with the seller. ...
Tag: Mortgages
Controversial Fee Changes and FHFA Rescission Stir Up Mortgage Landscape
How much buzz can a four-month-old announcement create? If it impacts the affordability of homeownership one way or the other: ...
Despite Losses, United Mortgage Keeps Positive Outlook
In line with housing market challenges and persistently high mortgage rates, United Wholesale Mortgage (UWM) reported a net loss of ...
Mortgage Rates Inch Down
The 30-year fixed-rate mortgage (FRM) averaged 6.35%, this week, down just a hair from 6.39% last week, according to the ...
Foreclosure Activity Declines Slightly in April
A total of 32,977 properties have foreclosure filings, down 10% from a month ago but up 8% from a year ...
Mortgage Applications Up This Week
Following a slight decrease of 1.2% last week, mortgage applications increased 6.3% from one week earlier, according to the latest ...
Both Home Equity and Underwater Mortgages Shift Slightly
The amount of equity-rich homes decreased slightly from 48% in Q4 2022 to 47.2% in Q1 2023, marked the second straight ...
New Federal Mortgage Fees Help Some, Hurt Others
In January 2023, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac (the GSEs) to change the ...
Mortgage Mix: Rates and Applications Slide Amid Volatile Market
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates Take a Dip This Week
The 30-year fixed-rate mortgage (FRM) averaged 6.39% this week, down slightly from last week’s bump up to 6.43%, according to ...
4 Easy DIY Home Improvements to Make When It’s Time to Sell
If you have homeowner clients looking to add a little oomph to their home, taking on a DIY project can give the house that extra sense of style while saving them money. Read more.
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