U.S. Tappable Equity Reaches Record $11 Trillion
Rising interest rates might be sidelining would-be homebuyers, but the ongoing shortage of inventory on the market is keeping home ...
Tag: Mortgage Industry
Mortgage Mix: Rates Finally Come Down, but in Baby Steps
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Foreclosure Starts Decline Slightly in April, While Completions Rise
A total of 31,649 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in April 2024, according to the latest ...
Mortgage Rates Decrease Again
The 30-year fixed-rate mortgage (FRM) averaged 7.02% this week, down for the second week in a row from last week’s ...
Mortgage Applications See Second Week of Increases
Mortgage applications saw a slight increase of 0.5% from last week’s bump of 2.6%, according to the latest Weekly Mortgage ...
Guaranteed Rate Expands Community Engagement Initiative
Guaranteed Rate has announced the next wave of expansion of its Community Engagement Initiative, designed to significantly improve funded volume ...
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 ...
Mortgage Mix: Rates Remain Above 7%, but Declined for the First Time in Months
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates See First Reprieve in 5 Weeks
The 30-year fixed-rate mortgage (FRM) decreased to 7.09% from 7.22% last week, the first decrease seen since they began rising ...
Fannie Mae Expands Income Calculator Tool
Fannie Mae has announced new enhancements to its Income Calculator tool that will help mortgage professionals serve the growing number ...
4 Vital Metrics to Assess Your Team’s Business
Though many have tried, no one has yet succeeded in turning the practice of buying and selling homes into an equation that can be worked out and solved on paper. Read more.
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