Mortgage Industry News

Mortgage Rates in September: A Smooth Ride, Then Turbulence

Mortgage Rates in September: A Smooth Ride, Then Turbulence

Source: Nerd Wallet ---  September mortgage rates forecast Interest rates on fixed-rate mortgages are likely to remain fairly stable in the first three weeks of September. The forecast gets murkier at the end of the month. That's because the Federal Reserve will...

Hall Financial: Why refinancing can increase your home equity

Hall Financial: Why refinancing can increase your home equity

Source: F --- As a homeowner, you've worked hard paying off the mortgage on your house and updating it when you can. Now it's time for the house to work for you! Low rates mean there's a bit more equity in your home, which is an opportunity to use that equity to put...

New Mortgage Rule Aims to Stop Avoidable Foreclosures

New Mortgage Rule Aims to Stop Avoidable Foreclosures

Source: Investopedia --- The Consumer Financial Protection Bureau (CFPB) has announced a new rule to help prevent foreclosures in situations where they can be avoided. The new rule, which went into effect on Aug. 31, requires that most mortgage servicers help...

FHFA Reverses Previous Housing Market Reform Progress

FHFA Reverses Previous Housing Market Reform Progress

Source: American Action Forum --- Executive Summary The Federal Housing Finance Agency (FHFA) has suspended restrictions from earlier this year that prevented the government-sponsored enterprises (GSEs) from purchasing “high-risk” mortgages; it also announced a...

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