Mortgage rates remain flat but could go lower this year
The average rate for a 30-year, fixed-rate mortgage is at an all-time low, but it could drop further if the economy stabilizes
by Patrick Kearns Apr 9
LGBT Americans want to own homes, fear discrimination
Homeownership rates for LGBT Americans lag behind those of the broader population. A new report suggests fears of discrimination may be contributing to that difference
by Jim Dalrymple II Apr 8
Making sense of the headlines: Is the jumbo mortgage market collapsing?
Opinion
The jumbo market has not imploded, but economic uncertainty has led to fewer players in that space today
by Matthew Gardner Apr 6
Wells Fargo suspends jumbo mortgages as demand fades
In this uncertain market, demand for jumbo mortgages is declining as more homeowners seek forbearances and investors look to more secure loans during the Covid-19 crisis
FHA and VA latest mortgage servicers to relax standards
The federal mortgage servicers recently joined Fannie Mae and Freddie Mac in offering alternatives to traditional appraisals and employment verifications
by Lillian Dickerson Mar 31
Fannie Mae, Freddie Mac ease appraisal standards amid coronavirus
The federal loan servicers announced an adjustment of long-held appraisal and employment verification standards in order to help facilitate mortgages amidst the COVID-19 outbreak
by Lillian Dickerson Mar 25
mortgage applications
The cost of an average home rose 0.3% in January and 5.2% year over year
Homeowners may delay mortgage payments up to 1 year due to virus
The move by Fannie Mae and Freddie Mac came days after President Trump announced that delayed mortgage payments may be an option for borrowers amidst the coronavirus pandemic
by Lillian Dickerson Mar 23
Trump administration announces halt on foreclosures and evictions
For now, evictions and foreclosures will be placed on a moratorium until the end of April
by Lillian Dickerson Mar 18
Inman News quiz, March 13: Think you're on top of the week's stories?
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
by Inman Mar 13
mortgage applications
Despite the slight rise in rates, homebuyer demand remains strong, according to Redfin Chief Economist Darryl Fairweather
by Patrick Kearns Mar 12
30-year mortgage rates hit lowest point in 50-year history
The average 30-year mortgage hit an all-time low of 3.29% this week, according to data from Freddie Mac
by Patrick Kearns Mar 5
Inman News quiz: Think you're on top of the week's biggest stories?
The real estate industry threw some curveballs. Take Inman's real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week
by Inman Feb 21
Michael Bloomberg pitches plan to combine Freddie Mac, Fannie Mae
The presidential hopeful wants to make Freddie Mac and Fannie Mae a 'single, fully government-owned mortgage guarantor' that benefits taxpayers, community banks
by Marian McPherson Feb 19
7 facts about FHA loans you should know
Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece that is solving the homeownership puzzle.
by Steve Cook Feb 16