Requests for purchase loans were up 4 percent last week compared to the week before, but down 20 percent from the same time a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Continue reading
Neither brand recognition nor the promise of lower rates were as valuable to agents as a mortgage lender’s ability to reliably obtain funding, according to results from the latest Inman Intel Index. Continue reading
Having just slashed annual mortgage insurance premiums on new FHA loans by 35 percent in March, and with total insurance in force growing faster than reserves, HUD officials show no signs of giving in to long-standing industry demands. Continue reading
After exceeding 8 percent in October, rising mortgage rates overtook “lack of housing inventory” as the top concern for real estate agents, according to the results of the latest monthly Inman Intel Index. Continue reading
The Inman Intel Index goes beyond sentiment and trends by tapping into the most engaged community in real estate to understand what the industry is thinking today, and tomorrow. Continue reading
Homebuyers don’t just want good rates, they want lenders to solve problems that will keep them from getting to the closing table, J.D. Power finds. Continue reading
Tuesday’s big drop in rates followed an encouraging inflation report, with bond market investors now convinced the Fed is done hiking rates and may reverse course in the spring. Continue reading
“The Wall Street Journal” alleges UWM CEO and Phoenix Suns owner is “charting a risky path in both business and sports,” but the Ishbia family is raking in hundreds of millions of dollars in profit even when the company is losing money. Continue reading
Co-branded ComeHome solution on Ally’s website will provide would-be homebuyers with access to listings and loan options and encourage existing homeowners to explore refinancing and HELOCs. Continue reading
A $565 million influx of cash from an August SPAC merger and a $1 billion reduction in annual expenses put Better on a footing to navigate a challenging market, executives say. Continue reading