Forbearance rate drops for seventh week in a row

At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in June. Continue reading

Housing market is headed for a slowdown say Fannie, Freddie

The booming housing market could be slowing down – Fannie Mae and Freddie Mac are predicting a decrease in mortgage originations in 2021. Continue reading

How one simple question will transform how you serve your clients

Turn qualified homebuying clients’ offers from financed offers to cash offers, helping them win in the buying competition thanks to the certainty that cash brings to sellers. Continue reading

Investment guru Jim Cramer pays off mortgage with bitcoin profits, gets roasted

“I now own a house, lock, stock and barrel, because I bought bitcoin,” said Cramer. “I don’t know, I think I won!” But not everyone agrees with his decision. Continue reading

The Real Word: Which markets saw the largest inflow of new homebuyers?

Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. In this edition of The Real Word, they’ll discuss mortgage changes for vacation homes, how many Americans moved during the pandemic and videos every … Continue reading

Options for remote closings grow as tech companies get RON certified

As mortgage companies go digital, 10 tech companies have joined the ranks of others preparing to amp up their eClosing capabilities in the year ahead. Continue reading

Inventory insanity: When will this supply shortage end?

Today’s extremes won’t last forever, but there’s no silver bullet to end the crisis, and it’s likely shortages in some form will drag on for years. Continue reading