New Report Highlights 7% Growth in Down Payment Assistance Programs
Explore the growing landscape of down payment assistance programs, highlighting 196 available options tailored for specific borrower needs.
Will Mortgage Rates Continue to Decline?
Mortgage rates recently declined after a prolonged period of increases. The key focus now is whether this downward trend will continue in the coming weeks.
Buyer and Seller Readiness: Understanding Market Capitulation
Explore the implications of inaction in real estate. Delve into how low rates can stifle progress for buyers and sellers, impacting relationships and futures.
WaFd Bank Halts Home Mortgage Lending, Citing Unsustainable Model
WaFd Bank, a Seattle-based lender with over a century of experience, has announced its exit from the single-family mortgage lending market, as revealed in its earnings report.
Increasing mortgage rates diminish builder confidence.
Rising mortgage rates near 7.25% dampen builder sentiment, highlighting the need for rates in the 6-6.5% range to encourage growth in the housing market.
Realtor.com Reports Increase in HOA Fees Across Various Home Types
According to a recent Realtor.com report, nearly 40% of for-sale listings featured HOA dues, highlighting a slight increase in property-related costs.
CFPB Reports Homeowners by Rivers and Creeks Face Higher Flood Insurance Risk
Over 400,000 homes in the Southeast and Southwest may face flooding underinsurance, impacting risk assessments for private lenders. Read more.
MBA Introduces Undergraduate Course at Cleveland State University
Undergraduate course on residential mortgage origination and processing enhances industry knowledge, benefiting private lenders and aspiring professionals.
Insurance Pricing Uncertainty Following Wildfires
As wildfires persist in the LA region, private lenders should assess potential impacts on insurance costs and rebuilding expenses in their financial strategies.
Rocket Launches Initial Phase of Its Rebranding Efforts
Rocket Companies has updated its brand identity to unify its various entities, aiming for a cohesive look and feel that enhances recognition across its services.