Tag Archives: mortgage

Home prices are growing at the fastest rate since 2006

By Kelsey Ramírez | April 6, 2021 - 1:08 pm |April 6, 2021 Uncategorized

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Home prices increased 10.4 percent in February 2021 from the previous year, and increased 1.2 percent from January, according to the latest CoreLogic Home Price Index report. Continue reading →

New CFPB proposal would take foreclosures off the table for 2021

By Kelsey Ramírez | April 5, 2021 - 6:47 pm |April 5, 2021 Uncategorized

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The Consumer Financial Protection Bureau is requesting comments from stakeholders on the proposed rule, but given the urgency of the crisis, the deadline for comments is May 10. Continue reading →

CFPB to mortgage servicers: Get prepared, or else

By Kelsey Ramírez | April 5, 2021 - 3:17 pm |April 5, 2021 Uncategorized

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CFPB continues watch of servicing industry as consumers exit forbearance Continue reading →

Finance of America goes public

By Kelsey Ramírez | April 2, 2021 - 4:16 pm |April 2, 2021 Uncategorized

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The end-to-end lending and services platform will begin trading stock on the New York Stock Exchange beginning Monday. Continue reading →

Median home-sale price reaches all-time high of $335,613

By Marian McPherson | April 2, 2021 - 4:08 pm |April 2, 2021 Uncategorized

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Although the market is currently red-hot, Redfin’s latest report released on Friday revealed that homebuyers may give up as home prices continue to grow. Continue reading →

CFPB walks back on COVID appraisal flexibilities

By Kelsey Ramírez | April 2, 2021 - 2:27 pm |April 2, 2021 Uncategorized

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But Fannie Mae and Freddie Mac continue to extend options to avoid in-person appraisals. Continue reading →

Mortgage rates unphased by Biden infrastructure plan

By Matt Carter | April 1, 2021 - 4:35 pm |April 1, 2021 Uncategorized

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Upward pressure on rates still expected in the long term. Continue reading →

New to real estate? How to guide clients through homebuying

By Inman | April 1, 2021 - 9:00 am |April 1, 2021 Uncategorized

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As a real estate pro, it’s your job to help clients pinpoint what they want and then help them find it. If you’re a newly minted agent, here’s what you should be doing throughout your clients’ homebuying journey. Continue reading →

Sprout Mortgage gives brokers more control of loan estimate

By Matt Carter | March 31, 2021 - 9:31 pm |March 31, 2021 Uncategorized

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Sprout Mortgage, which bills itself as a leading provider of nonconforming loans, says it’s giving mortgage brokers more control over how lender fees are presented to consumers in the loan estimate. Continue reading →

Rising rates take toll on mortgage demand

By Matt Carter | March 31, 2021 - 7:02 pm |March 31, 2021 Uncategorized

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Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Continue reading →