Home Lending Sees Big Spike in Q2 2024
Residential home lending saw its first gain in a year during Q2 2024, with the issuance of 1.62 million mortgages ...
Tag: Home Loans
Empowering Veteran Homebuyers
Eighty years ago, Franklin Delano Roosevelt signed the Servicemen’s Readjustment Act (colloquially known as the G.I. Bill) into law. This ...
ICE: First-time Homebuyers Made Up 55% of Agency Purchase Loans in 2023 Despite Market Slowdown
The housing market in 2023 was brutal. Mortgage approvals and home sales hit a 30-year low as mortgage rates soared ...
Class-Action Lawsuit Alleges Loan Factory’s Misuse of Personal Information for Business Gain
California-based Loan Factory and its CEO Thuan Nguyen are in hot water over allegedly using competitors’ names, photos and likenesses ...
New-Home Loan Applications Jumped; Housing Starts Have Solid Showing in December
New construction is having its time in the sun. Applications for new-home purchases jumped 22.2% in December 2023 compared to ...
loanDepot Is Latest Lender Hit by Cybersecurity Attack
loanDepot, one of the nation’s top mortgage lenders by volume, is the latest target of a cybersecurity attack that forced ...
FHFA Announces Conforming Loan Limit Values for 2024
The baseline conforming loan limit (CLL) for most U.S. mortgages backed by Freddie Mac and Fannie Mae in 2024 has ...
Home Mortgage Lending Declines in Q3 2023
Across the U.S., 1.54 million mortgages secured by residential property (1 to 4 units) were issued in Q3 2023, representing ...
Which Home Loan Is Best?
Before you take out a home loan, there are some mortgage questions you need to ask. Choosing the wrong lender ...
Mortgage Rates Continue See-Saw Trend, Tipping Higher
The 30-year fixed-rate mortgage (FRM) flipped again this week, averaging 5.55%, up from 5.22%, according to the latest Primary Mortgage ...
Common Sense Pricing
No one searches for a $499,990 house. They choose $475,000-$500,000 or $525,000-$550,000. Round your numbers, and you will get more views. For more free training, check out Darryl Davis’s Power Agent® Training Series.
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