Feb. 3, 2023 (Staff Writer) — loanDepot, Inc. (NYSE: LDI) (“loanDepot” or the “Company”), one of the nation’s largest non-bank retail mortgage lenders, today issued the following statement from CEO Frank Martell on the news...
Source: Financial Times — Mortgage borrowers scrambled to pay down their housing debt after interest rates on home loans soared, with lump-sum repayments and redemptions jumping to £2.4bn in October last year from £1.7bn in the same month in 2021. The figures...
Source: Money Week — The latest data from the Bank of England (BoE) shows a growing number of people are questioning whether now is a good time to buy a house, adding more uncertainty to the property market’s outlook for 2023. The BoE’s Money and Credit report...
Source: CBS News — When you refinance your mortgage, you replace it with a new one. Sometimes, this allows you to get a lower rate or monthly payment, or it might also come with cash back, which you can use to cover home repairs or any other expense you might...
Source: Bankrate — Come February, Americans anticipate the activity of Punxsutawney Phil, the climate-forecasting rodent whose shadow will signal if winter will persist longer or be shorter. But weather isn’t the only thing we’re eager to get an expert forecast...
Source: MPA Mag — A number of property investors are choosing to suffer the short-term pain of fixing their mortgage rates for a year in anticipation of interest rates easing, according to a new survey. The latest Crockers-Tony Alexander Investor Insight found...
Hits and Misses for the Real Estate Week of May 11-15
