The Atlanta-based fintech Knock has unveiled Knock Bridge Loan Plus, a new product designed to pay off a homeowner’s existing mortgage upfront. According to the company, the product can pay off the homeowner’s current mortgage and release the equity locked up in their...
NewDay USA has rolled out NewDay Home, a product designed to help veterans and servicemembers achieve homeownership. According to the West Palm Beach, Florida-based company, NewDay Home enables qualifying borrowers to secure a fully underwritten, credit- and...
The Robinhood financial services platform has debuted a new mortgage offer through an exclusive agreement with the digital lender Sage Home Loans. Starting today, all eligible Robinhood Gold subscribers can access mortgage rates at least 0.75% below the national...
Mortgage rates continued their downward slide in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30, down from last week when it averaged 6.19%. A year ago at this time, it FRM...
The median monthly housing payment was $2,530 during the four weeks ending Oct. 26, according to data from Redfin. That represents a 1.4% year-over-year drop and the biggest decline since November 2024. Redfin attributed the lower payment level to declining mortgage...
After four consecutive weeks of declining momentum, mortgage application activity perked up for the week ending Oct. 24, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
