Author Archives: Kelsey Ramírez

Nationwide Equities fined $140K for alleged deceptive advertising

By Kelsey Ramírez | April 27, 2021 - 7:10 pm |April 27, 2021 Uncategorized

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The Consumer Financial Protection Bureau says the lender “misled borrowers into believing they could not lose their homes with a reverse mortgage.” Continue reading →

Housing market insanity leaves homeownership rate unchanged

By Kelsey Ramírez | April 27, 2021 - 6:57 pm |April 27, 2021 Uncategorized

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The U.S. homeownership rate remained statistically unchanged in the first quarter of 2021, despite the recent increase in housing market activity. Continue reading →

Home prices surge to new high — but is it sustainable?

By Kelsey Ramírez | April 27, 2021 - 3:50 pm |April 27, 2021 Uncategorized

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Home prices continue to surge, hitting double digit increases for the third consecutive month, according to the latest Case-Shiller report. Continue reading →

Mortgage forbearances continue slow decline

By Kelsey Ramírez | April 26, 2021 - 8:00 pm |April 26, 2021 Uncategorized

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Mortgage forbearances decreased for the eighth consecutive week, though at a slower rate than the past two weeks, according to the latest Mortgage Bankers Association report. Continue reading →

Americans prioritize paying their mortgage during pandemic

By Kelsey Ramírez | April 26, 2021 - 7:12 pm |April 26, 2021 Uncategorized

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For Americans with mortgages, car payments and credit cards, a new TransUnion study shows paying their mortgage was a top priority during the pandemic. Continue reading →

Mat Ishbia and his journey to become a top mortgage executive

By Kelsey Ramírez | April 26, 2021 - 2:58 pm |April 26, 2021 Uncategorized

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United Wholesale Mortgage CEO Mat Ishbia shares what his life was like growing up, and how he became one of the wealthiest mortgage executives in the U.S. Continue reading →

Is the housing inventory crisis almost over?

By Kelsey Ramírez | April 23, 2021 - 3:46 pm |April 23, 2021 Uncategorized

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The housing inventory crisis continues to block many potential homebuyers out of the market, but new Zillow data shows that could be about to change. Continue reading →

Ben Caron joins board of directors of largest homebuilder in US

By Kelsey Ramírez | April 22, 2021 - 8:43 pm |April 22, 2021 Uncategorized

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The largest homebuilder in America, D.R. Horton, announced it appointed former HUD Secretary Ben Carson to its board of directors. Continue reading →

Purchase mortgage originations to hit a new record in 2021

By Kelsey Ramírez | April 22, 2021 - 5:52 pm |April 22, 2021 Uncategorized

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The MBA announced Thursday at its Spring Conference and Expo 2021 that purchase originations are on track to grow 16.4 percent to a new record of $1.67 trillion in 2021. Continue reading →

Mortgage rates drop below 3% for first time in months

By Kelsey Ramírez | April 22, 2021 - 2:53 pm |April 22, 2021 Uncategorized

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Average mortgage rates for a 30-year fixed rate mortgage dropped to 2.97 percent for the week ending April 22, according to Freddie Mac’s Primary Mortgage Market Survey. Continue reading →