Tag Archives: mortgage

Will falling mortgage rates juice the housing market? The Download

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As financial targets pave the way for interest rates to (finally) fall, the real estate industry is cautiously optimistic about a late-year boost. Continue reading →

‘Historic’ agreement aims to break racial barriers in appraisal industry

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The Appraisal Foundation will establish $1.22 million scholarship fund to help aspiring appraisers navigate “an alternative, more inclusive path” for fulfilling experience requirements that are said to have contributed to a lack of diversity. Continue reading →

FHA, VA requests drive pickup in purchase mortgage demand

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Rates surged and then pulled back last week in what could foreshadow more election-year volatility in the months ahead. Jerome Powell tells Congress Fed will remain above the fray. Continue reading →

More lenders partner with Calque to offer ‘The Trade-In Mortgage’

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EMM Loans, Searchlight Lending join growing list of mortgage lenders who have partnered with Calque to help homeowners tap their equity and buy before they sell. Continue reading →

3rd round of layoffs at Newrez brings 2024 job cuts to 750

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After cutting nearly 500 jobs after Computershare acquisition, lender to eliminate another 277 positions in August, including senior executives in Colorado, Arizona and Florida. Continue reading →

Homebuyer sentiment rebounds in June from May’s record low

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Fannie Mae’s monthly National Housing Survey shows many Americans may be underestimating the odds that mortgage rates will continue to pull back from 2024 peaks. Continue reading →

Consumers want lowest mortgage rate, but most won’t shop for it

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ICE Mortgage Technology survey finds 84 percent of homeowners who have taken out a mortgage in the last five years only considered one or two lenders before closing the deal. Continue reading →

Mortgage rates retreating from 7% on ‘massive’ revision to jobs report

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After spiking after the June 27 presidential debate, mortgage rates are trending down again on mounting expectations that the Federal Reserve will start cutting rates in September. Continue reading →

EasyKnock juggling lawsuits, regulators in multiple states

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Sale-leaseback platform tells NPR civil lawsuits in Texas and other states are “meritless” and that it’s cooperating with attorneys general in Massachusetts and Michigan. Continue reading →

Homebuyer mortgage demand dips, breaking 3-week streak

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Mortgage rates are on the rebound despite encouraging inflation data, as Fed policymakers warn “higher for longer” rate strategy will remain in place until they see more conclusive evidence the economy has cooled. Continue reading →