This week saw mortgage rates across the US surge, pushing them close to the yearly high. On average, mortgage rates began the week at 7.28%, peaked at 7.47%, and closed at 7.39%. Get current rates and expert advice to make the best decision for your home loan.
"High mortgage rates and home prices put downward pressure on pending-home sales, however new listings indicate future performance may improve. Redfin's analysis provides insight into the state of the housing market and options for private lenders."
Until interest rates come down, the affordability crisis is putting pressure on the US housing market. Housing experts are warning of the impacts of high rates and the difficulty for borrowers to secure good deals. Learn more about how private lenders are helping to buck the trend.
This summary covers the current housing market according to a recent report from CoreLogic. It explains how western states are experiencing annual declines while Midwestern and Northeastern states are still thriving. Learn more about this house price index and what it means for mortgage lending in those areas.
Dark Matter Technologies recently acquired Black Knight Origination Technologies, promising no rise in price to customers. Get an expert review of the deal and its implications for private lenders, direct from an industry insider.
Shape the future of private lending with the NAR Accountability Project - NARAP works to bring real and lasting change to the mortgage industry and ensure that responsible lenders serve the public interest. Join the fight for a transparent and equitable mortgage industry.
Housing inventory volatility continues to drive the market! Discover what changed in two weeks - an increase of 9470 active listings across the USA. Gain insight from a mortgage industry expert on the implications for private lenders.
Stuart McFarland, a mortgage industry expert, explains these components and their importance in creating the digital housing platform. Understanding essential components will help private lenders better navigate this crucial shift.
"Former loan originators are facing accusations from Guaranteed Rate Affinity of breach of contract due to allegations that they have failed to repay signing bonuses and commissions after leaving the company. Mortgage industry experts have the inside scoop on this news."
Catch the comedic antics of Zillow Gone Wild in a new nine-episode series on HGTV! Follow Instagram's wildly popular account with 1.8 million followers and get a glimpse of the hilarity that ensues with weekly updates! Private lenders don't miss this opportunity to catch the crazy side of the mortgage industry.
