Fed study shows how much discount points are driving up costs
Nov 14, 2024Discount points have driven mortgage borrowers’ out-of-pocket costs up 33% in the past few years, a Federal Reserve study finds. ...
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Most Recent Housing markets News
Mortgage
Existing-home sales increase for first time in five months
Aug 22, 2024U.S. sales of previously owned homes rose in July for the first time in five months, suggesting the housing market...
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Mortgage
Mortgage-related loss grows at Remax in 2Q
Aug 10, 2024Remax Holdings reported higher mortgage revenue year-over-year in the second quarter but the non-GAAP loss for the segment also rose....
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Mortgage
Renter households growing far faster than homeowners
Aug 6, 2024America’s renter population is growing three times faster than its homeowner population amid affordability struggles, partially thanks to the multifamily...
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Mortgage
Mortgage activity cools for second straight week
Jul 31, 2024Home lending activity slowed last week, largely due to a pullback in government-backed refinances, according to the Mortgage Bankers Association....
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Mortgage
Home buyers nudge mortgage volumes higher for a third week
Jun 26, 2024Mortgage application volumes inched upward in a holiday-shortened week, driven largely by the return of buyers in the government-loan market,...
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Mortgage
Most borrowers do not shop around for mortgage offers, survey finds
May 29, 2024The majority of homebuyers stick with the very first mortgage product offered, opting to not shop around with other lenders,...
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