Two new data reports from the Mortgage Bankers Association (MBA) pointed to positive developments in the home loan market. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.4% on a seasonally adjusted basis in the week...
Rohit Chopra is director of the Consumer Financial Protection Bureau (CFPB). This article is adapted and edited from a speech delivered yesterday at the National Housing Conference in Washington, DC. While we often focus on homeownership as a vehicle for accumulating...
reAlpha Tech Corp. (NASDAQ: AIRE), a Dublin, Ohio-headquartered real estate company focused on artificial intelligence (AI) technologies, has acquired Debt Does Deals LLC, d/b/a Be My Neighbor, a mortgage brokerage company licensed to operate in 26 states. The...
Better Home & Finance Holding Company (NASDAQ: BETR), also known as Better.com, has rolled out its FHA Streamline Refinance program. According to the New York City-headquartered company, the product is designed to streamline the process for qualified borrowers...
Mortgage rates remained flat in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 5, unchanged from last week. A year ago at this time, it averaged 7.12%. The 15-year fixed-rate...
Mortgage application activity ended August on the rise, according to data from the Mortgage Bankers Association (MBA) covering the week ending Aug. 30. The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.6% on a seasonally...
