older millennial
Refinances accounted for 43% of all closed loans for millennials in September, according to a new analysis by ICE Mortgage Technology
by Patrick Kearns Nov 4
Here's how Trump and Biden stack up on housing issues
The president and former vice president have sharply divergent views of how to handle things like housing affordability, discrimination and homelessness
by Jim Dalrymple II Nov 3
Low mortgage rates are propping up economy and propelling growth
The average rate for a 30-year, fixed-rate mortgage was 2.81%, a shave higher than last week's historic low of 2.8%, according to Freddie Mac's Primary Mortgage Market Survey
by Patrick Kearns Oct 29
Mortgage purchases forecasted to set a record in 2021
The Mortgage Bankers Association on Wednesday predicted that purchase origination volume would grow 8.5 percent year over year to a new record of $1.54 trillion in 2021
by Patrick Kearns Oct 21
How agents can take advantage of new business models in 2021
Adena Hefets of Divvy Homes and Sean Black of Knock talk about how their platforms help agents increase their addressable market at Connect Now
by Andrea V. Brambila Oct 20
32M missed mortgage, rent or student loan payments in September
The number of renters and homeowners able to make payments during the third quarter of 2020 improved slightly from the second quarter, but remained relatively high overall, according to the Mortgage Bankers Association's Research Institute for Housing America
by Lillian Dickerson Oct 16
Foreclosure activity hits historic lows as filings drop 81%
Foreclosure filings dropped to a new low in the third quarter of 2020 to a number not seen since the first quarter of 2008
by Lillian Dickerson Oct 14
housing market
Mortgage rates hit a new low last week as applications continued a downward trend, with total applications dropping 0.7%, according to the Mortgage Bankers Association
by Patrick Kearns Oct 14
As the pandemic drags on, mortgage delinquency rates rise
The 120-day delinquency rate for July was 1.4 percent — the highest rate in more than 21 years and double the Great Recession peak
Rocket Mortgage launches tech platform for agents
Rocket Pro Insight, which is available as a website and mobile app, provides agents with a look at where each loan is in the process, terms of the loan and timing of the loan's closing
by Patrick Kearns Oct 13
Snapdocs closes on $60M to further defragment real estate closings
From notary marketplace to raising more than $85 million in under a year, the software company is putting its stamp on digital escrow
by Craig C. Rowe Oct 12
Mortgage trade group head steps down in wake of backlash to sexist videos
Anthony Casa is accused of sending sexist videos directed at the wife of a Rocket Mortgage executive and a number of mortgage industry leaders
by Patrick Kearns Oct 8
DelPrete: Opendoor's long, difficult and uncertain road ahead
In a highly contested and crowded field, the evidence suggests a long, difficult and uncertain road ahead
by Mike DelPrete Oct 5