Gains in household real estate equity have far outpaced growth in U.S. mortgage debt, according to new numbers from the Federal Reserve board. Source: Inman…
Posts published in “mortgages”
An “All-In-One-Mortgage” combines a bank account, a mortgage, and an equity line of credit (the equivalent of a HELOC) into a single product that accomplishes…
Bay Equity Home Loans closed nearly 10 times as many loans as Redfin Mortgage in 2021. Source: Inman News
As of Thursday, Knock’s Home Swap and Knock GO, its “same-as-cash” mortgage product, will be offered to consumers in the Detroit, Ann Arbor and Flint…
Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions. Source: Inman News
Government agencies are looking to better quantify risks from climate change, a step with implications for government-backed home loans. Source: Inman News
The number of foreclosed properties rose 34 percent in the third quarter of the year, but remained below their typical historical levels. Source: Inman News
Rates for 30-year mortgages barely budged over the past month, even as lenders sifted through new statements from Federal Reserve officials. Source: Inman News
During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS)…