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!
Mortgage Credit Availability at Highest Level in Nearly 3 Years
“Credit supply increased to its highest level since August 2022,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at Highest Level in Nearly 3 Years
California Program to Offer Mortgage Relief to Disaster Victims
Eligible homeowners will be able to apply for grants covering up to three months of mortgage payments, up to $20,000 total. Continue Reading California Program to Offer Mortgage Relief to Disaster Victims
Additional Reading: Top Mortgage Industry News & Headlines
Mortgage Application Activity Heats Up
The refinance share of mortgage activity increased to 39.0% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity Heats Up
California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
Melvin Joseph Weibel, the 88-year-old passenger in the Ford Transit van, was pronounced dead at the scene. Continue Reading California Mortgage Firm President Arrested for DUI Collision That Killed 88-Year-Old Man
Cornerstone Capital Bank Launches Community Lending Division
The bank stated it will seek “to close racial and economic gaps in homeownership and help families achieve their dream of owning a home.” Continue Reading Cornerstone Capital Bank Launches Community Lending Division
Here’s how real estate escrow save you from scams
Source: CNBC TV18 --- Digital escrow is a secure and efficient online service for holding, releasing and managing funds and documents between two transacting parties. An escrow account enables an unbiased third party, i.e., the escrow agent, to secure money or assets...
Zillow Partnership with iBuyer Opendoor Launches in Atlanta, Raleigh
In August 2022, Zillow and Opendoor announced a multi-year partnership, bringing them together to transform how people initiate their move. The two companies announced that homeowners in Atlanta and Raleigh have a new way to explore multiple home-selling options on...
Covius Announces Integration with Flueid as Part of Larger Digital Transformation of Loss Mitigation
Covius, a provider of technology-enabled solutions to the financial services industry, announced today that its Settlement Services division is integrating with Flueid to accelerate the digital transformation of Covius' loss mitigation offerings. Flueid is a real...
This Cost-Lowering Idea Could Prove Risky
Source: Scotsman Guide --- The Federal Housing Finance Agency, Fannie Mae and Freddie Mac are taking steps to ensure that everyone has access to affordable housing — especially low- and moderate-income families. Certain components of these initiatives, however,...
Want a Lower Interest Rate? Try This Strategy
Source: The Ascent --- With mortgage rates hitting 20-year highs, the monthly payment for a $500,000 home is $1,000 higher than it was for the same loan a year ago. Are you looking for ways to lower your monthly mortgage payments? A mortgage buydown may be the answer....
Single Renters pay a ‘singles tax’ of nearly $7,000 for living alone
Zillow has uncovered a heartbreaking truth for apartment-hunting singles: Renters living in a one-bedroom on their own face a yearly "singles tax" of nearly $7,000, according to an analysis by Zillow. While singles across the country pay a high price for a solo...
Rocket Companies Announces CEO Transition Plan
ay Farner, CEO of Rocket Companies, plans to retire from his position effective June 1, 2023 after 27 years with the company. Rocket Companies is a Detroit-based fintech platform company consisting of tech-driven mortgage, real estate and financial services...
Alliance Bring $3.8M in Affordable Housing Funding to DC Suburb
Home buyers in search of affordable housing in the DC Metro may find more homes in their price range soon. The City of Falls Church has launched an Affordable Homeownership Program (CFCAHP), which will make $3.8 million available to support affordable homeownership....
Does being married help or hinder when it comes to a mortgage?
Source: Yahoo! News --- With Valentine’s Day on the horizon, and the inevitable influx of proposals and engagements that come along with it, it’s worth knowing whether tying the knot has an impact when it comes to buying a new home. We asked some experts in-the-know...
Mortgage advice that you should think twice about following
Source: Mortgage Introducer --- Social media has given a platform for a lot of people claiming or making it appear that they are ‘experts’ on certain subjects, including mortgages. People can watch them anytime and anywhere, so the potential to reach a lot of...
