Today, we launch a weekly series that shines the proverbial spotlight on people, companies, organizations and trends with the potential to change how our industry conducts itself. For the premiere installment of this series, our spotlight is on Thomas Ferrier,...
Freddie Mac (OTCQB: FMCC) reported a downward trend in the latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.28% as of April 6, down from last week when it averaged 6.32%. A year ago at this time, the rate averaged 4.72%. The 15-year...
Living in the Big Apple comes with big price tags, especially regarding property taxes. According to a new data study from LendingTree (NASDAQ:TREE), New York City has the highest median property tax among the nation’s 50 largest metros. Homeowners in the City That...
Gibran Nicholas, one of the most prominent professional coaches in the housing industry, has announced his candidacy for the 2024 Democratic Presidential nomination. The 43-year-old Nicholas is founder and CEO of Momentifi, a financial information and content...
The decline in affordable homeownership opportunities impacted all racial and ethnic demographics in California’s housing market during 2022, according to new data released by the California Association of Realtors (CAR). Last year, only 21% of all Californians earned...
Independent mortgage banks and mortgage subsidiaries of chartered banks lost an average of $301 on each loan they originated in 2022, according to the Mortgage Bankers Association’s (MBA) Annual Mortgage Bankers Performance Report. In comparison, these companies...
Inflation Just Put Mortgage Rates Back in the Crosshairs
