Many homebuyers will be priced out of the market in 2022
Fannie Mae forecasts rising mortgage rates and home prices will dent existing home sales by 3.2%
by Matt Carter Jan 19
Demand for mortgages slips as rates climb back to April levels
Demand for purchase loans fell to a seasonally adjusted 4% from 2 weeks ago, and 12% from a year ago, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey
by Matt Carter Jan 5
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Opinion
From low interest rates to the ongoing pandemic, a number of factors have come together to create the current inventory crisis
by Carl Medford Jan 5
Homeowners slam brakes on refinancing as mortgage rates rise
Prospect of higher monthly mortgage payments for homebuyers and impact on affordability also a concern, according to an analysis of mortgage pipeline data by Black Knight
by Matt Carter Oct 10
Buyer demand for mortgages jumps for first time in almost a month
Rise in FHA purchase applications suggests more first-time buyers are navigating high prices, tight inventories
by Matt Carter Aug 11
Fannie and Freddie will eliminate mortgage refinancing fee starting Aug. 1
Mortgage giants' federal regulator expects lenders to pass savings along to borrowers
by Matt Carter Jul 16
Dip in rates boosts demand for mortgages
Applications for purchase loans and refinancing both up during holiday-shortened week
by Matt Carter Jul 14
How mortgage lenders are preparing for the end of the refi boom
Top priorities: Improve the loan origination process, hire more loan officers, and partner with builders and real estate agents
by Matt Carter Jul 12
New tools to unlock trapped home equity could boost home sales
During an Inman Connect session Tuesday, founders of Point and EasyKnock said they're out to revolutionize the concept of homeownership
by Matt Carter Jun 15
Lower rates boost mortgage purchase, refi applications
The MBA's Weekly Mortgage Applications Survey showed requests for loans were up 2.1% on a seasonally adjusted basis during the week ending May 7 compared to the week before
by Matt Carter May 19
HUD sends $690M to states for affordable housing
The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households
5 ways the pandemic mortgage boom has changed the market
Mortgage experts Ann Thompson and Christian Wallace share how the pandemic changed the mortgage market and what it means for today's consumers at Connect Now
by Marian McPherson Mar 16
Opendoor expands service offerings across multiple markets
The company is expanding its iBuying, in-person and virtual touring and financing services across multiple US markets, according to an Opendoor blog post Thursday
by Lillian Dickerson Dec 10
How this investor built a single-family rental empire virtually
California-based investor Katy Klesitz shares how she and her husband, Frank, have grown their out-of-state rental portfolio during the pandemic
by Marian McPherson Nov 17