Author Archives: Kelsey Ramírez

Millennials are refinancing their homes at record pace

By Kelsey Ramírez | April 12, 2021 - 7:52 pm |April 12, 2021 Uncategorized

Comments Off on Millennials are refinancing their homes at record pace

Younger millennials are increasingly entering the housing market for the first time as older millennials drove refinances to peak highs. Continue reading →

Title premium volume surges more than 20% in 2020

By Kelsey Ramírez | April 12, 2021 - 3:51 pm |April 12, 2021 Uncategorized

Comments Off on Title premium volume surges more than 20% in 2020

The industry generated $19.2 billion in title insurance premiums, according to the American Land Title Association’s latest Market Share Analysis. Continue reading →

What the proposed CFPB rules mean for mortgage servicers

By Kelsey Ramírez | April 9, 2021 - 8:26 pm |April 9, 2021 Uncategorized

Comments Off on What the proposed CFPB rules mean for mortgage servicers

The CFPB introduced new rules that changes the game for mortgage servicers. Experts lay out the changes that await the servicing industry. Continue reading →

Mortgage credit opening up to more borrowers

By Kelsey Ramírez | April 9, 2021 - 12:37 am |April 9, 2021 Uncategorized

Comments Off on Mortgage credit opening up to more borrowers

Mortgage credit availability increased in March, opening the mortgage market up to more borrowers. This was driven by an improving economy and job market recovery. Continue reading →

Borrowers locking in mortgages for second homes surged 128%

By Kelsey Ramírez | April 8, 2021 - 8:38 pm |April 8, 2021 Uncategorized

Comments Off on Borrowers locking in mortgages for second homes surged 128%

The annual rise in demand for second homes is nearly quadruple the 34 percent year-over-year gain for primary homes, according to a new report from Redfin. Continue reading →

Amid IPO craze, mortgage industry CEOs join Forbes’ billionaires list

By Kelsey Ramírez | April 8, 2021 - 6:20 pm |April 8, 2021 Uncategorized

Comments Off on Amid IPO craze, mortgage industry CEOs join Forbes’ billionaires list

Mat Ishbia of United Wholesale Mortgage and Anthony Hsieh of loanDepot joined Rocket’s Dan Gilbert on Forbes’ list of billionaires after taking their companies public. They are now some of the richest men in the mortgage industry. Continue reading →

Mortgage rates reverse course, dropping for first time in 2 months

By Kelsey Ramírez | April 8, 2021 - 2:53 pm |April 8, 2021 Uncategorized

Comments Off on Mortgage rates reverse course, dropping for first time in 2 months

After seven weeks of consecutive increases in mortgage rates, Freddie Mac’s most recent survey shows a decrease, giving borrowers the chance to refinance. Continue reading →

Notarize to open its RON platform to independent notaries

By Kelsey Ramírez | April 7, 2021 - 9:41 pm |April 7, 2021 Uncategorized

Comments Off on Notarize to open its RON platform to independent notaries

Notarize announced at its Rewired for Real Estate conference that it is opening up its platform to independent notaries to use in their RON transactions. Continue reading →

Fed expects stronger economic recovery to come

By Kelsey Ramírez | April 7, 2021 - 8:36 pm |April 7, 2021 Uncategorized

Comments Off on Fed expects stronger economic recovery to come

During the most recent Federal Open Markets Committee meeting, the Federal Reserve reiterated its plan to maintain current economic policy until fiscal and economic goals are met. Continue reading →

Illinois to pay up to $40K in student loan debt for homebuyers

By Kelsey Ramírez | April 7, 2021 - 6:35 pm |April 7, 2021 Uncategorized

Comments Off on Illinois to pay up to $40K in student loan debt for homebuyers

The SmartBuy program, offered by the Illinois Housing Development Authority to help pay off loans and encourage homeownership, has drawn interest from out-of-state buyers too. Continue reading →