Only 31 percent of U.S. households can afford a newly built home, down from 40 percent one year ago. Source: Inman News
Posts published in “Banking & Lending”
The number of homes with foreclosure filings rose 29 percent in January as lenders took advantage of expiring federal restrictions, according to new data from…
New foreclosure filings dropped 12 percent in December as a once-feared wave of mortgage defaults has largely failed to materialize, according to a new report…
Bay Equity Home Loans closed nearly 10 times as many loans as Redfin Mortgage in 2021. Source: Inman News
Mortgage rates rose 11 basis points this week as the Federal Reserve signaled it intends to shrink its balance sheet, according to Freddie Mac’s latest…
Tenisha Tate-Austin and Paul Austin filed suit against Janette Miller of Miller & Perotti Real Estate Appraisals, who they allege devalued their Sausalito, California, home…
Superus Careers has launched a Mortgage Career Exchange to help lenders recruit new talent and mortgage professionals plan their next career move. Source: Inman News
Thirty-year mortgage rates fell to 3.05 percent, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey released Thursday. …
With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks. Source: Inman News