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Renters paid $4.5 trillion in rent in the last 10 years

December 12, 2019 RSS FEED

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Borrowers gained nearly $457 billion in home equity in the last year

December 12, 2019 RSS FEED

Homeowner equity continued to increase in the third quarter of the year, according to the Q3 2019 home equity analysis from CoreLogic, a propertyRead More…

Mortgage lenders less optimistic about profit growth: Fannie Mae

December 12, 2019 RSS FEED

Mortgage lenders became slightly bearish on their profitability outlook in the fourth quarter, with the competitive landscape and shift to a purchase Read More…

Most lenders expect to keep making big money on mortgages

December 12, 2019 RSS FEED

Recent data from the Mortgage Bankers Association revealed that lenders are now making more money per loan than they’ve made in almost seven yeaRead More…

Freddie Mac: Mortgage rates inch forward to 3.73%

December 12, 2019 RSS FEED

This week, the average U.S. fixed rate for a 30-year mortgage came in at 3.73%. Although this rate is an increase from last week’s percentage, iRead More…

Here are the cities where iBuyers are taking hold

December 12, 2019 RSS FEED

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This is how inventory declines are impacting Millennial homebuyers

December 11, 2019 RSS FEED

The nation’s low mortgage rates were the main driver of homebuyer demand throughout 2019, spurring an uptick in home sales across the country. But aRead More…

Capital City Bank plans to buy majority stake in BrandMortgage

December 11, 2019 RSS FEED

Florida-based depository Capital City Bank has struck a deal to purchase a 51% share in regional lender BrandMortgage.Read More…

Mortgage applications increase with FHA refinancings as a driver

December 11, 2019 RSS FEED

Mortgage application activity increased 3.8% from one week earlier, with refinance volume for Federal Housing Administration-insured loans taking the Read More…

FHA mortgage applications surge on low interest rates

December 11, 2019 RSS FEED

With last week’s mortgage rates continuing to hover near historic lows, the Mortgage Bankers Association indicates mortgage applications ticked upRead More…

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