The end of credit scores? The best ideas from Zillow’s Hackathon

The Seattle-based listing giant announced the three top innovations that emerged from its annual competition for students of historically Black colleges and universities. Continue reading

Playing the long game? Here’s what’s next for crypto

What crypto players are still standing as the market sheds weaker competitors? Rich Hopen outlines what’s next and what to expect in this Crypto Corner column.
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Mortgage rates pass 6% as demand for loans continues dramatic fall

Purchase loan applications fell 29 percent from the same period last year, the result of rising rates that are double their levels from 2021, according to the Mortgage Bankers Association’s weekly index. Continue reading

Banks reclaim more properties in August as foreclosures tick upward

Foreclosure notices have been on the rise in the past year, but actual bank repossessions remain scarce. That may be starting to change. Continue reading

United Wholesale Mortgage is gunning for retail rivals’ customers

United Wholesale Mortgage, the nation’s biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages. Continue reading

US home equity has reached new heights. What happens next?

Gains in household real estate equity have far outpaced growth in U.S. mortgage debt, according to new numbers from the Federal Reserve board. Continue reading

5 habits to help you raise your financial IQ

When it comes to your financial future, the only dumb question is the one you didn’t ask. Let CFP Jordan Curnutt help you raise your financial IQ so that you can get a handle on your money. Continue reading

First-time homebuyers may be driving FHA, VA loan surge

Applications for government-backed purchase mortgages were up 4 percent week over week, accounting for nearly 1 in 4 loan requests from homebuyers, according to the Mortgage Bankers Association. Continue reading

Chinese real estate crash sparks mortgage boycotts

In China, most recent buyers of new apartments took out mortgages before their buildings were finished. Now many are threatening to not pay. Continue reading

Loan applications for home purchases continue 6-week slip

Purchase loan activity has dropped in five of the last six weeks as some buyers remain wary, according to the Mortgage Bankers Association. Continue reading