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Mortgage Rates Surge Higher (Again)
“Mortgage rates continued to approach 8% this week, further impacting affordability,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Surge Higher (Again)
ACI Worldwide in $20 Million Settlement Over Mortgage Payment Mishap
On April 23, 2021, ACI Payments erroneously used live customer data in a test of its Speedpay platform. Continue Reading ACI Worldwide in $20 Million Settlement Over Mortgage Payment Mishap
Additional Reading: Top Mortgage Industry News & Headlines
Redfin: Rent Prices See Smallest Increase in 20 Months
Increasing supply and waning demand are putting downward pressure on rental prices, according to a new report from Redfin. The median U.S. asking rent rose 2.4% year over year to $1,942 in January, the smallest increase since May 2021 and the lowest level in nearly a...
Title Company Recognized for Uncovering Real Estate Fraud
Kevin Tacher, CEO of Independence Title, was recognized by former Broward County Mayor Michael Udine and Broward County Property Appraiser Marty Kair at a recent Parkland Chamber of Commerce meeting for his outstanding work in uncovering major real estate fraud...
How Much Down Payment Is Required for a House?
Source: Nerd Wallet --- Coming up with enough cash for a down payment to buy a house can be the single biggest roadblock for prospective home buyers. But how much of a down payment do you really need? That depends on the type of loan, your lender and your priorities....
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