Top Headlines
House GOP Members Warn CFPB on Removing Medical Bills from Credit Reports
The lawmakers warned that consumers with greater default risks could get mortgages. Continue Reading House GOP Members Warn CFPB on Removing Medical Bills from Credit Reports
Multifamily Lending Down 49% in 2023
During 2023, 51% of the active lenders made five or fewer multifamily loans. Continue Reading Multifamily Lending Down 49% in 2023
Eddie Garcia to Step Down as CEO at Realty of Chicago
The company has not named an interim chief executive. Continue Reading Eddie Garcia to Step Down as CEO at Realty of Chicago
TV Host Tanya Memme Joins eXp Realty
Memme is a former Miss World Canada. Continue Reading TV Host Tanya Memme Joins eXp Realty
New Program Enables Tennessee High School Senior to Pursue Free Real Estate License
Students will have six to 12 months to complete their courses from their date of enrollment. Continue Reading New Program Enables Tennessee High School Senior to Pursue Free Real Estate License
High mortgage rates send homebuyers scrambling for relief
Source: KAGS TV --- LOS ANGELES — Mortgage rates are more than double what they were a year ago, so many homebuyers are looking for ways to put off some of the pain for a few years. The trend has driven adjustable-rate mortgages, or ARMs, to the highest usage in over...
Mortgage rates fall for the second week in a row
Source: CNN --- Mortgage rates dropped again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate mortgage averaged 6.58% in the week ending November 23, down from 6.61% the week before, according to Freddie Mac. A year ago, the...
Mortgage demand rises 2.2% as interest rates decline slightly
Source: CNBC --- Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight decline in interest rates, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinance applications, which are usually most...
The Housing Market is Worse Than You Think
Source: Advisor Perspectives --- Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives. What I am about to share with you is an excerpt from a fall letter I wrote to IMA clients. It is...
When Will The Housing Market Bottom? Ryan Frazier Weighs In
Source: Bezinga --- The U.S. housing market is now slowing down after a record-breaking run that saw home values soar to new highs and mortgage rates drop to historic lows. Although demand and price growth are slowing, analysts and housing economists predict that any...
The U.S. Needs More Housing Than Almost Anyone Can Imagine
Source: The Atlantic --- How many homes must the United States’ expensive coastal cities build to become affordable for middle-class and working-poor families again? Over the past few weeks, I asked a number of housing experts that question. I expected a...
October Was a Spooky Month for the U.S. Housing Market
Source: Mansion Global --- Would-be buyers are turning their backs on the turbulent U.S. housing market in droves, according to new data released from Redfin on Monday. The number of pending sales, the amount of deals being scrapped and the proportion of homes seeing...
Mortgage demand rises 2.2% as interest rates decline slightly
Source: CNBC --- Mortgage applications rose 2.2% last week compared with the previous week, prompted by a slight decline in interest rates, according to the Mortgage Bankers Association’s seasonally adjusted index. Refinance applications, which are usually most...
Reverse mortgages explained
Source: Observer Reporter --- Q. With reference to a recent column in which the reader said she had lost her home to a reverse mortgage, there are two primary ways this can happen, and I want to explain how to avoid this so that it never happens to any other reader....
mortgages Zero-down loans for homebuyers preparing to go expansion route
Source: Insurance News Net --- Nearly a year into a special lending program aimed at underserved homebuyers, the initiative is soon to expand from a few banks to mainstream, nonbanking lenders. Could these good intentions be the beginning of our next lending debacle?”...
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