Demand for mortgages rebounds after 3 weeks of declines: MBA

Applications for purchase loans and refinancings climbed as mortgage rates eased to the lowest levels since early May, according to the Mortgage Bankers Association. Continue reading

Home sale-leasebacks are surging, but are they good for homeowners?

Sale-leasebacks can feel like a lifeline to homeowners struggling to make mortgage payments, but consumer advocacy groups are concerned over the low sales prices investors are offering. Continue reading

Fannie Mae has ‘meaningfully downgraded’ its forecast for 2021 home sales

As listing shortages and supply constraints on homebuilders drive up prices, risk of inflation grows, economists with Fannie Mae said. Continue reading

Homeowners are losing their enthusiasm for refinancing

Mortgage lenders faced a double-whammy in May, with demand for both purchase loans and refinancing falling despite the fact that mortgage rates came back down after surging in February in March. Continue reading

Flyhomes lands $150M to bring end-to-end homebuying to more markets

Flyhomes says it’s helped close $2.6 billion in home sales to date, with sales prices ranging from $150,000 to $5 million. The company provides end-to-end homebuying services through brokerage, mortgage and closing subsidiaries. Continue reading

Inman Interactive: Explore where US housing costs are highest

This interactive map compares the costs for a typical homeowner in each county in the nation, beyond the principal and interest on their loan. Continue reading

Exchange now helps financial advisors find clients a mortgage

Financial advisors should be experts not just on investing but borrowing, and real estate financing is likely to be their clients’ greatest need, the Envestment Credit Exchange’s backers say. Continue reading