Mortgage Applications Increased 20% Last Week Following Rate Decline
Mortgage applications have surged to their highest level since September 2024, with refinancing accounting for 43.6% of total applications, indicating market trends.
Mortgage Rate Volatility Increases During Trade War, Driving LO Activity
Despite fluctuating mortgage rates creating challenges, loan officers report steady mortgage applications, highlighting resilience in the housing market.
Fairway introduces hybrid e-closings for reverse mortgages
The company aims to enhance borrower convenience in HECM processes, signaling its intent to expand its business within the private lending sector.
FHA Extends Foreclosure and Eviction Moratorium for Helene and Milton Victims
Mortgagee Letter updates indicate the moratorium has been extended to July 10, providing private lenders with more time to navigate market conditions.
FHA Restrictions Under Trump May Affect Hispanic Homeownership Rates
Trump's FHA restrictions could impact the housing market significantly, particularly affecting Hispanic borrowers, who represent 30% of FHA loans and drive population growth.
FHA Expands Foreclosure Moratoriums for Areas Affected by Hurricanes
FHA's moratorium extensions provide relief for households in hurricane-affected regions, aiding recovery and financial stability for private lenders.
Survey Reveals One in Three First-Time Homebuyers Regret Their Purchase
Many first-time homebuyers experience regret, with 31% wishing they had waited and 9% believing they shouldn't have purchased their home at all.
Roof Repair Expenses Projected to Reach $31 Billion
Non-catastrophic roof claims have risen significantly, highlighting growing concerns in property risk. Explore insights into projected roof repair costs and implications for lenders.
Survey Reveals One in Five Homebuyers Liquidate Stocks for Down Payments
Discover how homeowners are leveraging stock sales for down payments, with a surprising 13% using this strategy, according to recent findings by Redfin.
Leading Connecticut Real Estate Team Partners with Compass
Discover insights from The Nancy Dauk Team, a top-performing group known for exceptional production at Brown Harris Stevens, excelling in real estate leadership.