Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan…
Posts published in “jumbo mortgages”
Under new leadership, OCC settles actions against two executives tied to 2016 scandal for $150,000 and won’t say if it will defend court challenge of…
Worries about commercial real estate are making jumbo mortgages costlier, since regional banks are a major provider of loans that are too big for Fannie…
Surge in Q3 home price appreciation pushes conforming loan limit in high-cost markets to $1,149,825 for one-unit properties, and up to $2,211,600 for four-unit properties. …
Demand for purchase loans picks up slightly, and mortgage rates continue to remain below 2023 peaks, as investors take latest inflation data in stride. Source:…
Jumbo loan rates are higher than conforming mortgages for the third week in a row as spread widens to 16 basis points, the latest MBA…
Morty, an online mortgage marketplace focused on homebuyers, has doubled its headcount over the last year to 70. Source: Inman News
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner looks at the data to determine whether we could see a…
Looking for a little clarity on this week’s news? Windermere Chief Economist Matthew Gardner discusses the housing shortage and what drives the price for new…