Waters Advocates for Fed Independence and FHFA Investigation in Trump-Cook Dispute
Rep. Maxine Waters and Democrats are investigating Trump's attempts to sway the Federal Reserve, including inquiries into Lisa Cook's mortgage records.
Homebuyers face financial strain and confusion in the mortgage market.
A significant portion of respondents views high mortgage rates as a major economic challenge, with 75% deeming current rates unusually elevated.
Success Begins with Your Database
Discover insights from industry interviews revealing that successful loan officers excel not by offering the lowest rates, but by leveraging their client relationships effectively.
Baltimore’s Efforts to Address Vacant Housing Yield Encouraging Outcomes
Vacancy notices have decreased significantly from 16,000 to approximately 12,600, reflecting a 21% drop, as reported by the Urban Institute.
Investor Home Purchases Reach Lowest Second-Quarter Level Since 2020
Investors are navigating high borrowing costs and economic uncertainty, contributing to a notable decline in market activity among private lenders.
Homeowners Express Concerns Over Rising Insurance Costs
Insurance challenges are leading 33.7% of home seekers to alter their target areas, indicating shifting market dynamics that private lenders should note.
TransUnion reports a rise in self-reported rent payments by consumers.
TransUnion reports increased consumer self-reporting as Fannie Mae and Freddie Mac begin accepting VantageScore 4.0, impacting private lenders' risk assessments.
Better’s HELOC Product Assists Borrowers in Reducing $193 Million in Debt
Better has reported significant growth, with $80 million in monthly HELOC and home equity loan originations, reflecting evolving trends in the housing market.
Homeownership Rate Among Black Americans Reaches Four-Year Low
Private lenders should note a 1.5% decline in mortgage results year-over-year, reflecting the sharpest annual drop since Q3 2021, signaling market shifts.
Fannie Mae Reports Decline in Consumer Housing Sentiment
Explore the latest insights on mortgage rates and homebuying trends, revealing challenges in seller sentiment, pricing expectations, and household financial stability.