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Moon Mortgage Unveils Crypto Real Estate and Lending Products

Moon Mortgage Unveils Crypto Real Estate and Lending Products

by Phil Hall | Apr 4, 2023 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Miami-based cryptocurrency lending platform Moon Mortgage has launched two products designed to blend the realms of digital assets and property purchasing. The company’s new Trade & Borrow product is being billed as “the world’s first crypto loan margin...
GSEs Update Deferral Policies for Mortgage Payments

GSEs Update Deferral Policies for Mortgage Payments

by Phil Hall | Apr 3, 2023 | Mortgage Information, News/Current Events, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will enhance their payment deferral policies to allow borrowers facing financial hardship to defer up to six months of mortgage payments. Payment...
Mortgage Delinquencies Continue to Fall, Nearing Two Years of the Downward Trend

Mortgage Delinquencies Continue to Fall, Nearing Two Years of the Downward Trend

by Rick Grant | Mar 30, 2023 | Mortgage Information, U.S. Housing Market, WRE News Exclusive

CoreLogic, a global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for January 2023.   For the month of January, 2.8% of all mortgages in the U.S. were in some stage of delinquency...
The History Of The Mortgage Rate

The History Of The Mortgage Rate

by John G. Stevens | Mar 29, 2023 | Industry Updates, Mortgage Information

Mortgage rates continue their upward trajectory as the Federal Reserve continues their pointed and aggressive response to stubborn inflation, with weekly U.S. average at 6.73% as of 3/8/23. This means that would-be homebuyers are continuing to face challenges of...
Cost Of Living Comparison Calculator

Cost Of Living Comparison Calculator

by Third Party | Mar 27, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Bankrate —  The cost of living is the total amount of money required to live in a certain area and cover your basic necessities. Expenses typically factored into cost of living calculations include housing, food and taxes. It may also include such...
Spring home buying season shows ‘steady demand’ as mortgage rates slip for second week

Spring home buying season shows ‘steady demand’ as mortgage rates slip for second week

by Third Party | Mar 27, 2023 | Mortgage Information, U.S. Housing Market

Source: Fox Business —  The spring home buying season is showing “steady demand” as mortgage rates slip for a second week in a row.  On Wednesday, the Federal Reserve raised its key interest rate by a quarter-percentage point and signaled that it...
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