Ahead of Fed tapering reveal, mortgage lenders kept rates steady

Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac’s lender survey. Continue reading

Mortgage lenders deal more purchase loans amid fewer refis

The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year, but lost ground on the refinancing side. Continue reading

Healthy jobs report drives up mortgage rates for first time in weeks

During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS) by $120 billion a month. Before announcing a timetable for tapering those purchases… Continue reading

Deadly shooting shows Airbnb’s no-party rule can be hard to enforce

A California house party resulted in a deadly shooting. The party was thrown without the consent of the host, Airbnb says. Continue reading

Underwater homeowners gain breathing room as prices climb

Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Continue reading

Home prices show signs of leveling off for first time in months

After five consecutive months of record home prices, the market appears to be plateauing according to several key indicators. Continue reading