Real estate investors see chill in profits from home flips
Dec 16, 2024Profits backslid during the third quarter for the home flipping community, putting a halt to momentum following several quarters of...
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Most Recent Mortgage News
Mortgage
Fair pay for a fair day’s work? – Mortgage Strategy
Dec 15, 2024In February 2024, I wrote about how mortgage brokers were being squeezed from all angles. Costs were up, taxes had...
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Mortgage
Larger Loan Amounts Require Smaller Mortgage Rate Decreases for a Refinance to Pencil
Dec 14, 2024While 2025 offers some hope mortgage rates will move lower, that’s still very much up in the air. There are...
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Mortgage
Efforts to ban trigger leads far from over, says NAMB president
Dec 13, 2024Nabors said he was disappointed with “anybody that didn’t support the bill,” whether credit bureaus or loan originators that purchase...
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Mortgage
Suspended multifamily broker claims Fannie made an error
Dec 12, 2024A commercial mortgage broker put on Fannie Mae’s suspended list says the move “was made in error” and put the...
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Mortgage
Halifax adds free EPC tests to green home loans – Mortgage Strategy
Dec 11, 2024Halifax has added a free energy performance certificate test to its green living reward home loan. The lender’s green scheme...
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Mortgage
Are We Still in a Falling Mortgage Rate Environment?
Dec 10, 2024It’s been a wild ride for mortgage rates this year. The 30-year fixed began 2024 at around 6.625% and is...
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Mortgage
Home price growth to decelerate in 2025 and 2026: Fannie Mae survey
Dec 9, 2024“While home price growth is expected to ease next year, HPES panelists’ big-picture view for 2025 appears to be little...
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Mortgage
UWM bolsters business via debt offering, products
Dec 8, 2024United Wholesale Mortgage has recently taken steps to bolster its financial position. The mega lender announced plans to raise capital...
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Mortgage
Berkeley posts first-half home transactions down by ‘a third’ – Mortgage Strategy
Dec 7, 2024Berkeley said that its home transaction volumes had fallen to “around a third lower” than a year ago. “While we...
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