A decrease in applications for FHA loans popular with first-time homebuyers helped push the average purchase loan application to $432,700, according to the latest MBA…
Posts published in “Mortgage”
The San Francisco-based startup lets homeowners tap their equity to obtain bridge loans and submit a “cash-equivalent offer” on their next home. Source: Inman News
Deals with Capital Title of Texas and Near North Title Group follow the sale of 22 retail title locations and operations centers in California to…
Requests for purchase loans are still down 21 percent from a year ago last week, even as mortgage rates retreated from 2023 highs on encouraging…
Lack of inventory driven by mortgage lock-in effect may persist if the Federal Reserve maintains a ‘higher-for-longer’ rate strategy to combat inflation, Fannie Mae economists…
Homebuyers have been holding out for a 5.5 percent rate, Maegan Sherlock told Intel. It may take a while for them to adjust their expectations. …
CalHFA’s Dream For All loan program for first-time homebuyers burned through the first $300 million funding round in less than two weeks. Source: Inman News
The co-founder of Countrywide Financial cast himself as the leader of the revolution to expand access to mortgage lending but became the public face of…
Beeline CEO Nick Liuzza is unfazed after the lender launched what it claims is the world’s first AI mortgage chatbot during the same week that…