Mortgage tech provider Gateless looking to ride automation wave

The mortgage technology company founded by Guaranteed Rate CEO is integrating with Fannie Mae and Freddie Mac and partnering with Google Cloud, it was announced this week. Continue reading

Would-be homebuyers rushed to lock in mortgage rates in March

Despite the fastest one-month rise in mortgage rates in nearly 13 years, purchase lock volume climbed 31 percent from February. Continue reading

New tools from Clear Capital facilitate desktop appraisals

Real estate agents and brokers approved by Clear Capital provide property information and photos that supplement data from public sources, helping appraisers complete accurate desktop appraisals. Continue reading

Mortgage rates dip as Omicron variant triggers market volatility

Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. Continue reading

Before the Fed sped up tapering, mortgage rates saw little change

With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks. Continue reading

Biden picks Sandra Thompson to lead Fannie and Freddie regulator

Although questions about the future of the mortgage giants remain, lending industry officials welcome selection of veteran regulator to lead FHFA. Continue reading

Real estate in 2021 was weird, wild and always unpredictable

The year saw explosive rivalries, wild stock market performances and plenty of rage. Continue reading

Markets remain volatile, but mortgage rates stay the course

The average rate for a 30-year, fixed rate loan was 3.10 percent this week, according to Freddie Mac’s latest lender survey. Continue reading

The million-dollar question: Do $1M Freddie Mac mortgages conflict with affordable housing mission?

Redwood Trust, which issues jumbo loans that are off limits to Fannie and Freddie, says costlier markets are better served by private lenders. Continue reading

After rocky November, rates for 30-year mortgages stabilize above 3%

The average rate for a 30-year mortgage has been climbing in recent months and now rests 17 percent higher than its all-time low in January, according to Freddie Mac’s latest lender survey. Continue reading