The fall from 7.08 percent to 6.6 percent would save buyers approximately $100 a month on a median priced home, according to a report released Thursday from Redfin. Continue reading
Central bank policymakers are trying to tame inflation while avoiding a deep recession. The home market could throw a wrench in those plans. Continue reading
Despite setbacks and uncertainties, multifamily investors can plan for the future by staying informed and open to the possibilities of change in the months ahead. Continue reading
Employee files suit in New York alleging the online mortgage company fired him less than an hour after he told them his daughter was born. More than a dozen others impacted, lawsuit says. Continue reading
It’s the question everyone is asking right now, and the answer depends in part on your knowledge of the market and in part on the client’s personal perspective. Jimmy Burgess talks to David Childers, president of Keeping Current Matters, to determine h… Continue reading
Regulators order mortgage giants to eliminate upfront fees on many purchase loans in order to help first-time homebuyers of limited means, the Federal Housing Finance Agency announced Monday. Continue reading
Although mortgage companies go all-in on layoffs and bemoan the state of the industry, they’re failing to provide truly helpful solutions that would reassure buyers and get them into homes. Broker Troy Palmquist calls on big banks and MLSs to promote s… Continue reading
Mortgage applications were more likely to be denied by lenders or withdrawn by homebuyers in census tracts where a higher share of buildings was at risk of future flooding. Continue reading
The acquisition and merger with Roscoe State Bank pave the way for the lender to provide new products, services and resources through advanced technologies. Continue reading
A buyer looking at $500,000 houses in July would have seen their potential monthly payment fall by $177 in August, then rise by $328 since. Continue reading