Tag Archives: mortgage

Homeowners rush to refinance as mortgage rates hit 2025 low

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Homebuyer loan applications flooded in last week at the second-highest level of the year. Demand for adjustable-rate mortgage loans is at the highest level since 2008. Continue reading →

How to help buyers prep their home financing homework: Step 3

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In Part 3 of her eight-part series, Cassie Walker Johnson shares strategies to help your homebuyers prepare for mortgage pre-approval. Continue reading →

Pacaso plans to launch ‘bespoke’ co-ownership mortgage in Q4

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A new $100 million credit facility with Texas Capital Bank will enable loans to be originated by a third-party, then securitized and sold to investors in non-qualified mortgages. Continue reading →

Trump wins one battle, loses another as Fed policymakers kick off 2-day rate-setting meeting

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Trump appointee Stephen Miran confirmed as Fed governor in 48-47 Senate vote, but appeals court upholds ruling that Lisa Cook can stay on board while she contests legality of removal order. Continue reading →

Appraisal bias suit against Rocket Mortgage, Solidifi moves forward

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Judge rules that appraisal independence regulations do not preclude lenders and appraisal management companies from taking action to remedy biased appraisals. Continue reading →

HELOC disruptor Figure boasts $7B market cap after successful IPO

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The blockchain-powered home equity lender says it has not only revolutionized the process of originating mortgages, but financing them by making it easy for investors to trade them as assets. Continue reading →

Most Americans think mortgage rates and home prices have peaked

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The silver lining in deteriorating consumer confidence is that the weaker job market means the Federal Reserve is expected to slash rates several times this year and next, even as tariffs fuel inflation. Continue reading →

Rising inflation makes ‘jumbo’ Fed rate cut unlikely next week

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Initial jobless claims climbed last week to the highest level since Oct. 23, 2021, but investors and economists are expecting three small rate cuts this year rather than a dramatic move next week. Continue reading →

Homebuyer demand surges as mortgage rates tumble to 2025 low

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Applications for purchase mortgages hit their highest level since July last week, and rates keep falling on weak jobs reports and more encouraging inflation data Continue reading →

Fed Governor Lisa Cook can keep her job pending court appeal

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Trump’s move to fire Cook likely violated her right to due process, and “for cause” provision for removal is limited to governor’s behavior in office, judge rules in granting preliminary injunction. Continue reading →