While purchase loan demand was still up 18% last week from a year ago, some of that demand may not translate into sales after unusual bump in cancelled purchase contracts
Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan limit in most markets
While Fannie Mae economists see mortgage rates coming down by a full percentage point, forecasters at the Mortgage Bankers Association have issued a more cautious take
Tune in to Inman Access as Rick Guerrero and Matt Carter discuss the mortgage industry's latest moves and what they mean for agents
Economic uncertainty, rate volatility and mounting worries about the labor market are reducing the pool of potential buyers, putting a damper on the spring homebuying season
Requests to refinance surged 37% last week and were up 83% from a year ago after the biggest 1-week decline in mortgage rates since November, the MBA's latest weekly lender survey shows
From cabins on Lake Tahoe to multifamily in the Chicago suburbs, Inman's writers spent hours clicking through listing photos and imagining life in new properties. These are their dream homes
Opinion
This year has had its ups and downs, including the NAR settlement, DOJ scrutiny and copycat suits. Here are eXp CEO Leo Pareja’s top takeaways from 2024
Ryan Tomasello, who predicted a 30% fall in commissions from legal, economic and governmental challenges, prepares to take the stage at ICLV to talk consolidation, disruption, innovation
In a pilot program announced last week, the Biden administration cleared the way for Fannie Mae and Freddie Mac to let some homeowners refinance mortgages without paying for title insurance
Moody's Investors Service upgrades credit rating of 'powerhouse in mortgage servicing' as it restructures some of the debt it's used to fund growth by issuing $1B in unsecured notes at 7.125%
With listings still in short supply, homebuyers are 'dealing with an affordability shock' and new homes will play an outsize role in housing markets, Zonda Chief Economist Ali Wolf said at ICNY
Recent decline in rates is 'some cause for optimism,' but requests for purchase loans are still down 12% from a year ago, latest MBA lender surveys show
From a French chateau to a 2-flat in Chicago, here are some listings that caught the eye of Inman's writers this year
You loved last week's good news on mortgage rates, and this week brought even more smiles to real estate agents and brokers