Worries about commercial real estate are making jumbo mortgages costlier, since regional banks are a major provider of loans that are too big for Fannie Mae and Freddie Mac. Continue reading
Surge in Q3 home price appreciation pushes conforming loan limit in high-cost markets to $1,149,825 for one-unit properties, and up to $2,211,600 for four-unit properties. Continue reading
Demand for purchase loans picks up slightly, and mortgage rates continue to remain below 2023 peaks, as investors take latest inflation data in stride. Continue reading
Jumbo loan rates are higher than conforming mortgages for the third week in a row as spread widens to 16 basis points, the latest MBA lender survey revealed. Continue reading
Jumbo loan rates are higher than conforming mortgages for the third week in a row as spread widens to 16 basis points, the latest MBA lender survey revealed. Continue reading
Morty, an online mortgage marketplace focused on homebuyers, has doubled its headcount over the last year to 70. Continue reading
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner discusses the housing shortage and what drives the price for new homes up. Continue reading
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner talks through the 30-year mortgage and how rates will move the rest of this year. Continue reading
Looking for a little clarity on this week’s economic and housing news? Windermere Chief Economist Matthew Gardner talks through the volatility of the jumbo mortgage market and what it means. Continue reading