Mike Vough Discusses Borrowers Remaining Rate Anchored Until 2026
Borrowers are clinging to low mortgage rates, with February's refinance share dropping to 41% while adjustable-rate mortgages increased to 10%, says Optimal Blue's Mike Vough.
Borrowers are clinging to low mortgage rates, with February's refinance share dropping to 41% while adjustable-rate mortgages increased to 10%, says Optimal Blue's Mike Vough.
More than 50% of respondents believe a 20% reduction in Social Security benefits would necessitate major lifestyle changes and tighter financial management.
Federal bank regulators propose major changes to capital rules, impacting the treatment of mortgage assets by depositories, which may influence private lenders' strategies.
National Association of Real Estate Brokers President Ashley Thomas III discusses initiatives aimed at addressing homeownership inequity in a recent interview.
Policy advocacy shapes future mortgage regulations, aiding private lenders in strategic planning, operational adjustments, and effective communication with lawmakers.
Portals and brokerages are expanding pre-marketing efforts, raising concerns about IDX feeds, MLS regulations, and seller choice in the mortgage landscape.
Daiwa House Industry's 8th Medium-Term Management Plan builds on success, with Trumark Homes expanding its U.S. homebuilding footprint through strategic acquisitions.
January new home sales dropped to a 587,000 annual rate, declining 17.6% from December, with median prices at $400,500, challenging trends for private lenders.
"Home flipping profits have decreased, highlighting a shift in market dynamics. Explore current trends impacting private lenders and investment strategies."
"Explore the rise in Kentucky's median home sales price, reflecting a significant month-over-month increase, despite a decline in new listings."