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
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
VA loan activity swells during coronavirus pandemic
New data from the Department of Veterans Affairs provides further evidence that the pandemic has not slowed down demand for real estate or real estate financing
by Jim Dalrymple II Aug 20
JP Morgan Chase temporarily terminates HELOC loan offering
Chase Home Lending Chief Marketing Officer Amy Bonitatibus said the change would help Chase better focus on 'existing customers'
by Marian McPherson Apr 17
Why isn't buying a house more like shopping at Amazon?
Opinion
There's no rhyme or reason in the world why the homebuying and selling process should be so archaic and inefficient for consumers
by Subrao Shenoy Mar 3
Do you know your interest rate? 27% of mortgage holders don't
Knowing your mortgage interest rate could save you a lot of money in the long run
by Lillian Dickerson 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
Airbnb wins big mortgage support, but loses Detroit
Hosts can now report their home sharing income when applying for refinancing
by Emma Hinchliffe Feb 8