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
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, the nation’s biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages. Continue reading
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
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
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
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
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
Founder and CEO Tim Heyl told employees in a letter Wednesday that the slowing market had made a sizable dent in the company’s “buy with cash” product, according to a spokesperson. Continue reading
Whether you’re a new agent or a top producer, it takes planning and some smart tech tools to get your finances shipshape for the long haul. Let CFP Jordan Curnutt help you make these easy-to-use fintech tools part of your gameplan. Continue reading