Mortgage broker salary: How much do they make?
Mortgage brokers typically make a 1% to 2% or more commission from each loan they broker, but a lot of other variables determine how much money they make in a year
by Lillian Dickerson Jun 27
How to answer buyers’ top 10 most-asked mortgage questions
Agents should be prepared to answer their buyer's mortgage questions, including types of mortgages, lender guidelines, preapproval vs. prequalification and the closing process in the area
by Bernice Ross May 10
Prices may be dropping, but homes still have loads of equity
As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in Q3 2022, according to a new report from Attom.
by Daniel Houston Nov 2
The end of credit scores? The best ideas from Zillow’s Hackathon
The Seattle-based listing giant announced the 3 top innovations that emerged from its annual competition for students of historically Black colleges and universities
by Daniel Houston Sep 22
US home equity has reached new heights. What happens next?
Gains in household real estate equity have far outpaced growth in US mortgage debt, according to new numbers from the Federal Reserve board
by Daniel Houston Sep 6
The most important mortgage column you may ever read
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
by Bernice Ross Jun 8
Hurry up or wait: The big question on every buyer's mind this spring
Just as homebuyers have learned to navigate soaring prices, sinking inventory and bidding wars, the housing market has reached a new level of madness. Will it all boil over this spring?
by Marian McPherson Mar 14
Redfin ramping up mortgage business with $135M acquisition
Bay Equity Home Loans closed nearly 10 times as many loans as Redfin Mortgage in 2021
by Daniel Houston Jan 12
All gas, no brakes: Knock speeds into Detroit en route to 75 markets
At Inman Connect Las Vegas, Knock revealed a new slogan, 'In agents we trust'
by Craig C. Rowe Nov 4
Rates for 30-year mortgages reach highest point since early spring
Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions, according to a lending survey from Freddie Mac
by Daniel Houston Oct 22
What the US climate-risk review means for FHA, VA loans and more
Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans
by Daniel Houston Oct 19
Foreclosures remain low as banks start to churn out post-ban filings
The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels
by Daniel Houston Oct 13
Mortgage rates cap off their most stable month of 2021 so far
Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials
by Daniel Houston Sep 2
Healthy jobs report drives up mortgage rates for first time in weeks
Mortgage rates on 30-year loans rose this week for the first time in over a month after the latest jobs report came in better than expected
by Daniel Houston Aug 12
Underwater homeowners gain breathing room as prices climb
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position
by Daniel Houston Aug 9