Most Recent Mortgage News

Spring housing market shows ‘cautious optimism’

Spring housing market shows ‘cautious optimism’

The US spring housing market held up more firmly than many expected in April, even as geopolitical tensions, gas...

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Manufactured homes market set to hit $42.7 billion by 2031

Manufactured homes market set to hit $42.7 billion by 2031

The manufactured housing market is expected to boom over the next few years, a new industry report found. Processing Content...

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Monzo completes acquisition of Habito – Mortgage Strategy

Monzo completes acquisition of Habito – Mortgage Strategy

Monzo has today completed the acquisition of digital mortgage broker Habito. The acquisition, which was originally announced in December last...

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Mortgage Rates Begin to Rise Again as Impasse in Middle East Becomes Clear

Mortgage Rates Begin to Rise Again as Impasse in Middle East Becomes Clear

It’s looking like mortgage rates are headed back up again after a nice reprieve in early April. We all know...

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Brokers in Illinois under attack with ‘atrocious’ state legislation – is your state next?

Brokers in Illinois under attack with ‘atrocious’ state legislation – is your state next?

Bob Perry (pictured top), executive director of the Illinois Mortgage Professionals Association, is concerned about Illinois House Bill 0744, named...

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California bills would pause mortgage payments in disasters

California bills would pause mortgage payments in disasters

Three wildfire-relief bills, including one that would let homeowners pause mortgage payments after a disaster declaration, cleared their respective California...

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20 Apr to 24 Apr – Mortgage Strategy

20 Apr to 24 Apr – Mortgage Strategy

This week’s top headlines: FCA issues warning to networks on oversight of ARs and NatWest cuts rates by up to...

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Where Would Mortgage Rates Be Without War in Iran?

Where Would Mortgage Rates Be Without War in Iran?

Mortgage rates have had a pretty good April, all things considered. They’ve come down about 30 basis points (0.30%) over...

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Relying on AI chatbots for answers is a growing danger, mortgage executive says

Relying on AI chatbots for answers is a growing danger, mortgage executive says

“I kind of compare it to Wikipedia,” Saunders said. “When you go to search something, Wikipedia usually comes up first,...

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MBA renews press for limited single report as scores compete

MBA renews press for limited single report as scores compete

Now that there are formal government-sponsored enterprise guidelines for score modernization that help fulfill a legislative mandate, the Mortgage Bankers...

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