Mortgage affordability falls in 51 of 100 largest cities
A new Point2 report also found that home prices rose faster than wages in most of the biggest markets
How low will it go? 2020 was the year of record-low mortgage rates
Mortgage rates ended 2020 near a record low. Will record-breaking rates continue in 2021?
by Patrick Kearns Dec 31
Here are Inman's 20 most-read news stories of 2020
Bidding wars, record mortgage rates and lots of Keller Williams news dominated the conversation, and Inman's headlines, in 2020
by Jim Dalrymple II Dec 23
Ascension settles with FTC over mortgage data mishap
A Texas-based mortgage data and analytics company wasn't keeping its eye on a vendor that exposed tens of thousands of mortgage holders' personal financial information.
by Craig C. Rowe Dec 17
Mortgage rates hit record low as Fed holds interest rates at zero
It's the lowest 30-year, fixed-rate since Freddie Mac began tracking the data in 1971
by Patrick Kearns Dec 17
Mortgage applications increase for fourth time in 5 weeks
Mortgage applications and refinance applications increased during the week ending Dec. 11, 2020, according to the Mortgage Bankers Association's weekly survey
by Lillian Dickerson Dec 16
SoFi, another SoftBank-backed unicorn, considers going public
SoftBank scored big with an initial public offering for DoorDash this week and stands to turn a profit on its Opendoor investment
by Patrick Kearns Dec 10
Fidelity National Financial launches end-to-end platform, inHere
Called inHere, the platform includes transaction tracking, e-notarization and e-closing services for agents and consumers
by Marian McPherson Dec 10
DC-based Menkiti Group launches mortgage company with NewRez
The venture will focus on residential mortgage lending and will make a donation to a charitable cause with every closed loan
Mortgages in forbearance remained steady over Thanksgiving
The number of mortgage loans in forbearance stayed constant from the previous week, according to the Mortgage Bankers Association
Knock Home Swap makes South Florida its 14th market
The service that helps sellers move before they sell is now active and certifying agents in Miami, Fort Lauderdale and West Palm Beach
by Craig C. Rowe Dec 3
Mortgage rates fall to record new low as home sales begin to sputter
The average rate for a 30-year, fixed-rate mortgage fell to 2.71%, the lowest number ever recorded by Freddie Mac's weekly survey of rates, which dates back to 1971
by Patrick Kearns Dec 3
Mortgage purchases spike as rates hit a new all-time low
Mortgage rates fell to 2.92% this week, down from 2.99% the week previous, according to new Mortgage Bankers Association data released Wednesday
by Patrick Kearns Nov 25
Mortgage rates set new record low for 13th time in 2020
The average 30-year mortgage hit an all-time low of 2.72%, according to Freddie Mac
by Patrick Kearns Nov 19
Low interest rates spur new high for mortgage originations
During the third quarter, 3.25 million mortgages were originated on residential properties, the highest level this figure has reached in 13 years
by Lillian Dickerson Nov 18
Rocket CEO: Agent response to new tech platform is 'overwhelming'
Jay Farner predicted Rocket Pro Insight would have a real estate agent client base of more than 15,000 by the end of the year
by Patrick Kearns Nov 16