Tag Archives: mortgage

Why Lower.com is about much more than mortgage rates

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There’s a backstory to Lower that explains why the company believes it can position itself as not just a lender, but “Everything for your home, for Lower.” Continue reading →

Fannie and Freddie must submit equitable housing finance plans

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Having put the brakes on the Trump administration’s plans to reprivatize Fannie and Freddie, Democrats have been pushing for the “government sponsored enterprises” to provide more home loans for underserved borrowers. Continue reading →

Unlicensed mortgage broker siphoned off $4.74M in refi proceeds

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An unlicensed mortgage broker faces up to 30 years in prison after pleading guilty to a fraud scheme in which $4.74 million in mortgage refinancing proceeds were allegedly wired to accounts controlled by the perpetrators. Continue reading →

Housing insecurity ticks down in most states, but some worse off

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Nationwide, the share of households behind on payments and worried about eviction or foreclosure has barely changed from a year ago. Continue reading →

Ida flooding could jeopardize 47,000 home sales in NY and NJ

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Devastating flash floods in New York and New Jersey in the aftermath of Hurricane Ida could delay or derail as many as 47,000 pending real estate transactions valued at more than $19.4 billion in those states alone, according to an analysis by ClosingC… Continue reading →

Homebuyer sentiment ticks up for the first time since March

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Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale. Continue reading →

Mortgage rates cap off their most stable month of 2021 so far

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Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials. Continue reading →