Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet. Continue reading
Buyers have watched mortgage rates shoot from 3 percent to 5 percent this year alone, and that common refrain — “Is it really the best time to buy?” — is always top of mind for clients, agents told Inman. Continue reading
MBA forecaster Joel Kan sees the uptick in loan requests as a “potentially a good sign for the spring home buying season, which has seen a slow start thus far.” Continue reading
Rules can and should be changed starting with the way buyer’s agents are paid. Trying to preserve the system at all costs doesn’t make sense. Continue reading
New offering will provide up to 15 percent of a home’s purchase price to put toward a down payment, helping buyers qualify for pricier homes and avoid private mortgage insurance. Continue reading
Citing impact of rising rates on mortgage originations, Mr. Cooper laid off 250 workers during the first quarter, with more reductions in store. Continue reading
Isabel Wilkerson urged attendees at the Realtors Legislative Meetings at NAR midyear to roll up sleeves and fix the consequences of past racist policies without guilt, shame, blame or emotion. Continue reading
If mortgage rates rise by another half a percentage point — or if home prices go up another 5 percent — affordability will hit the worst levels on record, Black Knight warned on Monday. Continue reading
In the current real estate market, buyers need to think outside the box to get a house they love. Bill Gassett offers advice on what to do if there are issues with appraisals. Continue reading
Recent growth and contraction in the mortgage, iBuyer and Power Buyer space have resulted in a reshuffling of the largest businesses aiming to disrupt the industry. Mike DelPrete analyzes the players and the strategies they’re using to create change. Continue reading