Veteran mortgage leaders Todd Bookspan and Matt Baker have moved their established production team to NEXA Lending and are launching Keepsake Loans, a new umbrella brand that will operate on NEXA’s platform. NEXA announced the move Thursday, saying the Bookspan...
PLACE is pushing further into the mortgage side of the housing transaction with the acquisition of Maxwell, adding a lender-focused technology platform to a business that has been steadily expanding beyond real estate teams. The Bellingham, Washington-based company...
Homebuyers put more money down this spring than they did during the winter, but considerably less than buyers were putting down a year earlier. The typical down payment on a primary residence reached $27,100, or 13.7% of the purchase price, in the second quarter,...
The typical mortgage payment sought by homebuyers declined again in August, offering a modest measure of relief even as borrowing costs remained a major obstacle to affordability. The median monthly payment for purchase-mortgage applicants fell to $2,162 from $2,175...
Sales of newly built single-family homes accelerated in August, but the government’s latest estimates carry an equally important message on price: builders are moving homes in a market where buyers remain intensely payment-sensitive. New-home sales ran at a...