Mortgage Industry News
HomeEquity Bank Taps TV Journalist Peter Mansbridge for Reverse Mortgage Campaign
Mansbridge was the chief correspondent for CBC News and anchor of “The National” from 1988 to 2017. Continue Reading HomeEquity Bank Taps TV Journalist Peter Mansbridge for Reverse Mortgage Campaign
Mortgage Rates Hold Steady in the Mid-6% Range
The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, slightly up from last week when it averaged 6.62%. Continue Reading Mortgage Rates Hold Steady in the Mid-6% Range
Are All-Cash Buyers Dominating NYC Real Estate Market?
New real estate data and reporting recently revealed that nearly a third of U.S. homebuyers are sidestepping a mortgage and purchasing property via cash-only transactions, according to Redfin. This is a trend that is suddenly dominating big cities like Atlanta, Ga.,...
Flagstar Bank Donates $1 Million to Expand Appraiser Diversity
New York Community Bancorp, Inc. announced that its subsidiary, Flagstar Bank, N.A., has donated $1 million to the Appraiser Diversity Initiative (ADI), a collaboration between the Appraisal Institute, the National Urban League, Fannie Mae, and Freddie Mac. The...
Better Mortgage Launches Mortgage Product, called ‘Equity Unlocker’
Better Mortgage announced the launch of the Equity Unlocker program, a new financial product designed for those with vested equity in their employer, like many employees in the tech space. Amazon employees will be the first to have access to the Equity Unlocker, which...
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