BMO Financial Group has announced a $2 million commitment to expand its Welcome Home Grant program to California. The program offers up to $16,000 in grants to eligible borrowers to help with down payment and closing costs, helping buyers in underserved communities...
Anderson, South Carolina-based JZZ Technologies Inc. (OTC Pink: JZZI), a diversified company focused on real estate development and digital media, announced the closing of its acquisition of O2 Mortgage LLC, dba Oxygen Mortgage. Headquartered in Boulder, Colorado,...
A Seattle-area brokerage created by a former reality television star and an ex-police officer has joined The Real Brokerage (NASDAQ: REAX). Kirkland, Washington-based MDG Residential is led by Jason Mesnick, who starred on the thirteenth season of the ABC series “The...
Next year could see a new wave of homeowner affordability, according to the 2024 Housing Forecast released by Realtor.com. Realtor.com is forecasting average mortgage rates of 6.8% in 2024, with rates edging down over the year to reach 6.5% by the end of the year....
Mortgage application activity inched up during the week ending Nov. 24, according to data from the Mortgage Bankers Association (MBA). The week’s results included an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage...
The Federal Housing Finance Agency (FHFA) announced the conforming loan limit values for the mortgages on one-unit properties that Fannie Mae and Freddie Mac will acquire in 2024 will be $766,550, an increase of $40,350 from 2023. The FHFA adjusted the loan limit...
