Mortgage rates hold steady following late-September spike

Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board. Continue reading

Realogy sells most of its interest in Title Resources Guaranty

Realogy will continue to maintain its existing ownership of Realogy Title Group, which last year provided title, settlement, and escrow services for 214,000 transactions in 43 states under 45 different brand names. Continue reading

Better enabling homebuyers to make cash offers in 12 states

Better says its cash offer program will bring both buyers and sellers to its real estate brokerage business. Continue reading

Fannie, Freddie loan limits set for record 50-year leap in 2022

Lenders are betting that home prices kept skyrocketing during the third quarter, and that they’ll be able to sell the bigger loans to Fannie and Freddie once the conforming loan limit officially goes up on Jan. 1. Continue reading

Knock’s GO mortgage offers appraisal coverage and cash-offer close certainty

Knock GO, which stands for Guaranteed Offer, is a “cash-like” conventional mortgage product that allows buyers to write an offer on a home without including a financing contingency. Continue reading

Home prices could ‘moderate’ if mortgage rates keep rising

Mortgage rates are headed up as investors who fund home loans digest the prospects for long-term inflation and the Fed’s tapering plans. Continue reading

Why sellers are shunning FHA and VA offers

FHA and VA loans are essential to first-time buyers, who account for about four out of every five FHA purchase loans. However, in today’s market, sellers are quick to dismiss offers that come with this type of financing. Here’s why. Continue reading