SF real estatefromwww.housingwire.com1 month agoMortgage credit availability rises to highest level since 2022The Mortgage Credit Availability Index rose by 2.1% in May, reflecting a loosening of credit standards by lenders.
SF real estatefromwww.housingwire.com2 months agoARMs, government loans are the hottest things in mortgageThe demand for Adjustable Rate Mortgages (ARMs) has surged, indicating a shift in borrower preferences amid rising interest rates.
LA real estatefromBusiness Insider3 months agoMore homebuyers are opting into a risky type of mortgage in an attempt to save moneyThe share of borrowers applying for adjustable-rate mortgages is at its highest level since November 2023.ARMs offer lower initial interest rates, which may appeal to homebuyers seeking to reduce costs.