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Mortgage
Mortgage Rates Are in a Holding Pattern Until After the Election
Nov 4, 2024Seems pretty clear now that it doesn’t matter what economic data shows up between now and next week. Mortgage rates aren’t going to improve by any significant margin this week...
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Mortgage
Mortgage rates are rising again. What’s next for the market?
Nov 3, 2024It’s also served as a reality check for those brokers and originators who might have been preparing to take their foot off the gas, according to an industry executive who’s...
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Mortgage
Townstone Financial agrees to settle redlining case
Nov 2, 2024Both the Consumer Financial Protection Bureau and Townstone Financial claimed victory in the contentious anti-redlining lawsuit as the mortgage lender agreed to pay a $105,000 penalty to settle the case....
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Mortgage
October rents down by over 12%: Goodlord – Mortgage Strategy
Nov 1, 2024The rental market in England cooled in October, with monthly rents down by over 12% and year-on-year increases narrowing to an annual low, the Goodlord Rental Index reveals. On a...
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Mortgage
Figure Launches a Piggyback Second Mortgage
Oct 31, 2024Figure Lending has unveiled a new piggyback loan at a time when housing affordability has rarely been worse. Call it a sign of the times, and maybe an eerie reminder...
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Mortgage
How the Presidential election really impacts the real estate market
Oct 30, 2024So, will the presidential election really effect the US mortgage market? Koorosh Farzad, founder of Masihi Financial Group “After a presidential election there’s uncertainty. And when the market has uncertainty,...
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Mortgage
FHFA announces updates to appraisal, repurchase rules
Oct 29, 2024The Federal Housing Finance Agency is updating rules governing appraisals to expand waiver access to more buyers. Citing success it had seen in current initiatives, the agency said it would...
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