One of the most influential companies in the mortgage industry is the focus of a news report claiming that it operates a corporate culture that is toxic to women and people of color. The Bloomberg article “Employees Call Out Locker-Room Culture at Phoenix Suns Owner’s...
Most Canadians are worried that a recession is coming soon, though opinions are split on whether this is the right time to buy a home. In the newly published RBC Home Ownership Poll, 75% respondents admitted being worried about the potential of an upcoming recession....
The City of Long Beach, California, has a big idea for addressing its rental housing shortage – and it involves thinking small. According to the Long Beach Post, proposals on multiple projects that would result in more than 300 “micro-apartments” are now underway...
(Today’s guest column is authored by Anthony Luna, CEO of Coastline Equity, a commercial real estate advisory and property management firm based in Southern California. He can be reached at [email protected] or through www.coastlineequity.net.) Over the...
Mortgage application activity was on the rise last week, according to new data from the Mortgage Bankers Association (MBA). The MBA’s Market Composite Index, a measure of mortgage loan application volume, was up 5.3% on a seasonally adjusted basis from one week...
United Wholesale Mortgage (UWM) has debuted Conventional 1% Down, a product designed to enable homebuyers to purchase a home with a down payment of only 1% contributed by the borrower. According to the Pontiac, Michigan-based company, when a borrower puts 1% down with...
Inflation Just Put Mortgage Rates Back in the Crosshairs
