Mortgage Industry News

Mortgage lending nosedives, dropping 55% since last year

Mortgage lending nosedives, dropping 55% since last year

Source: Warwick Beacon --- After a wild couple of years in the housing market, things may finally be starting to cool. Fewer people took out mortgages at the end of last year, as sky-high home prices, costly mortgage rates, and consumer inflation limited buying power...

Mortgage rates rise for the fifth-straight week

Mortgage rates rise for the fifth-straight week

Source: CNN Business --- Washington, DCCNN —  Mortgage rates edged further toward 7%, rising for the fifth consecutive week, as the Federal Reserve suggests rate increases will continue amid stubborn inflation. The 30-year fixed-rate mortgage averaged 6.73% in the...

Real estate: A guide for new homebuyers

Real estate: A guide for new homebuyers

Source: Tahoe Daily Tribune --- You’ve made the brave decision to enter the real estate market and purchase your own home. Congratulations! Buying a home is a huge milestone. Now that you’re ready to take the plunge, we wanted to provide you with some tips and tricks...

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