Tag Archives: Mortgage & Alternative Financing Month

WFG expands title agency footprint into Rocky Mountains

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Brian Phillips will head operations for the company’s new Rocky Mountain Region, encompassing Colorado, Utah, Montana and Wyoming. Continue reading →

Lower launches ‘Realtor agnostic’ cash-offer service, MortgagePass

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Less than a month after partnering with Orchard to provide Power Buyer services, Lower pilots its own program in Columbus, Ohio, with plans to go nationwide. Continue reading →

Mortgage rates surge past 6% on fears of Fed tightening

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Dramatic inflation reading fuels speculation that Federal Reserve policymakers will implement drastic 75-basis point interest rate hike Wednesday. Continue reading →

Mortgage rates under pressure again with inflation at 40-year high

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Bond market investors wary that Fed will be forced to implement drastic 75-basis point rate hike in June or July. Continue reading →

Crypto Corner: How blockchain is changing real estate

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Rich Hopen invites you to jump down the crypto rabbit hole in his new series for Inman. First up, the basics of bitcoin and blockchain. Continue reading →

RE/MAX’s Motto Mortgage lures key exec from rival to fuel growth

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Chris Erickson has held product management roles at Guaranteed Rate, CoreLogic, Nationstar Mortgage and Citi. Continue reading →

Lending activity plummeted during Q1, fastest YOY decline in 8 years

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A report found overall residential lending to be down 32 percent between the first quarters of 2021 and 2022, with refinancing lending dropping 22 percent and mortgages dipping 18 percent. Continue reading →

Homeowners gained $3.8T in equity over the past year, CoreLogic says

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Homeowner equity grew by 32.2 percent in the past year as the number of borrowers underwater on their mortgages fell to a new low. California, Hawaii and Washington led the way. Continue reading →

Mortgage demand drops to 22-year low as rates rebound: MBA survey

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As Fed embarks on “quantitative tightening,” interest rates could come under renewed pressure. Continue reading →