MOrtgage News & Insights
View top national motgage industry news articles, advice, insights, and more. Subscribe to UpdatesMost Recent Mortgage News
Get the top headlines in local and national mortgage industry news today in the articles below. Do you have news you would like to contribute? Submit a guest post here. To receive weekly updates on the top mortgage articles in your area, subscribe for free today!
HUD Proposes New Rule for Governing FHA Mortgage Note Sales
HUD is requesting public comment on its proposal by Sept. 16. Continue Reading HUD Proposes New Rule for Governing FHA Mortgage Note Sales
Motto Mortgage Opens First New Hampshire Office
The new office was established by David Duplessis, who brings 35 years of industry experience. Continue Reading Motto Mortgage Opens First New Hampshire Office
Additional Reading: Top Mortgage Industry News & Headlines
Utah Leads the Nation in Home Improvement Loans
The overall average loan amount for Utah’s home improvement loans is $117,835. Continue Reading Utah Leads the Nation in Home Improvement Loans
MBA: More People Seeking Out Mortgages
“Both purchase and refinance applications increased to the highest weekly pace in five weeks,” said MBA’s Joel Kan. Continue Reading MBA: More People Seeking Out Mortgages
FHFA Sets 2024 Multifamily Loan Purchase Caps at $70 Billion Per GSE
Mortgage Bankers Association President and CEO Bob Broeksmit welcomed the announcement. Continue Reading FHFA Sets 2024 Multifamily Loan Purchase Caps at $70 Billion Per GSE
Prices may be higher, but mortgage rates are at a new low!
Source: SRE.com --- Have you seen the new rates that can't be beat? Work with an SRE Professional Expert today! Here's how to get matched with an agent in your area.
10 Million Seniors Still Make Forward Mortgage Payments, Here’s Where They Are
Source: Reverse Mortgage Daily --- Across the United States, nearly 10 million homeowners are still making forward mortgage payments who are at least 65 years old or higher. While it’s unlikely that all of those homeowners would be approved for a product like a...
Stronger real estate agent connections will be the key to lending success in 2022 – Here’s why
Source: Housing Wire --- If you make your living by originating new mortgage loans, I don’t have to tell you that the business is changing. You probably already know that the MBA’s latest mortgage forecast puts the purchase money at 75% of all loan volume. You’re...
Credit union offers advice for homebuyers in challenging, ‘red-hot’ market
Source: KTVZ --- As prospective homebuyers in Oregon and Southwest Washington continue to face fierce competition for fewer and increasingly expensive homes, OnPoint Community Credit Union offers tips on how to successfully purchase a home in this red-hot market....
REAL ESTATE Mortgage rates rise to an 8-month high, tanking refinance demand
Source: CNBC --- Mortgage rates have been on a tear this month, rising yet again last week to the highest level in eight months, according to the Mortgage Bankers Association. That caused mixed demand for mortgages last week, resulting in no change from the week...
Could Homeownership Derail the Rental Market In Secondary Cities?
Source: Globe Street --- During the pandemic, people fled the urban core for secondary metros across the country. The great relocation, as some have called it, wasn’t necessarily a new trend; people had been slowly leaving big cities in favor of affordability in...
Unfair Mortgage Practices In Tampa Targeted By Justice Officials
Source: Patch --- A new effort to combat redlining, an illegal practice in which lenders deny loans to people based on their race or nationality, has launched in Tampa. The U.S. Justice Department's new Combating Redlining Initiative, announced Friday, represents the...
Dogecoin ($DOGE) Can Now Be Used for Buying Ownership Shares in Second Homes
Source: Crypto Globe --- Recently, San Francisco-based startup Pacaso announced that it is now possible to pay with crypto — including Dogecoin ($DOGE) — for shares in single-family homes in some of the top second home destinations in the U.S. As...
What are the Updates on Tenancy law for Family-only Residential Buildings in the UAE?
Source: Lexology --- Pursuant to Law Number 2 of 2007 on Regulations of Landlord-Tenant Relationship in Sharjah and its amendments, low-income bachelors or labourers are not allowed to live in certain residential neighbourhoods which have been specially demarcated for...
Why brokerages and mortgage lenders are rushing into JVs
Source: Housing Wire --- The excited and at times nervous first-time homebuyers that James Dunn often represents ask him how that whole process of taking out a mortgage works, and Dunn, a Los Angeles-based real estate agent with eXp, replies with a few trusted names....
