A report found overall residential lending to be down 32% between the 1st quarters of 2021 and 2022, with refinancing lending dropping 22% and mortgages dipping 18%
Homeowner equity grew by 32.2% in the past year as the number of borrowers underwater on their mortgages fell to a new low. California, Hawaii and Washington led the way
As Fed embarks on 'quantitative tightening' to trim $9 trillion balance sheet, interest rates could come under renewed pressure
Ohio is the sixth new state the New York-based Power Buyer has added this year, giving it a presence in 13 states
Opinion
An “All-In-One-Mortgage” combines bank account, mortgage, and equity line of credit into a single product that lets you pay off your mortgage up to 18 years sooner
This week, we asked: What's the wackiest thing you've had to do to get a deal done? You answered with some doozies
Only 17% of Americans surveyed in May said it was a good time to buy a home, breaking previous record lows of 19% seen in April and 24% in March
Investors warned of 'break even' second quarter as rising mortgage rates put a bigger-than-expected dent in loan originations
Opinion
This week, you shared the ways that your clients are funding their purchases, especially in the face of higher home prices and interest rates
For agents looking to enter the iBuyer market or merely up their iBuyer game, Offerpad is but one choice for a partner. Here's what agents who want to work with the iBuyer should know
From a client failing to disclose a marriage to a lender ghosting everyone a week before closing, here are a few deal-breakers that came between your buyers and their dream homes
Opinion
The lending industry is up to its calculators in mortgage refinances right now. Hopefully most of them are going smoother than mine
Self-employment has advantages, notably the home office deduction and eliminating commute time. Getting a mortgage, however, is not one of them. Here are a few tips that address the newly stiffened requirements for approval
Everyone makes mistakes — including homebuyers on the cusp of closing on their dream home. This week, tell us about the common financing mishaps that can really jeopardize a deal. How can agents help prevent them?
Bob Walters called United Wholesale Mortgage's ultimatum to independent brokers 'deeply offensive'
With multiple offers being the order of the day, buyers are overbidding to outgun their competitors. What happens if an appraisal comes back low? Here are a few important steps to take before writing an over-asking offer