#mortgage

[ follow ]
#refinancing
SF real estate
fromSFGATE
4 months ago

The 5 Cities Where Homeowners Are Taking Advantage of Lower Mortgage Rates

Homeowners are refinancing their loans as mortgage rates have dipped to 6.76%, causing a significant increase in refinancing activity.
SF real estate
fromwww.housingwire.com
1 month ago

Mortgage originations in Q1 2025 were higher than a year ago

Mortgage refinancing gains ground on purchase loans as homeowners seek equity.
Home equity lines of credit see growth due to lower rates and increased equity.
Residential mortgage origination volumes show mixed trends but year-over-year growth continues.
SF real estate
fromSFGATE
4 months ago

The 5 Cities Where Homeowners Are Taking Advantage of Lower Mortgage Rates

Homeowners are refinancing their loans as mortgage rates have dipped to 6.76%, causing a significant increase in refinancing activity.
#real-estate
#credit-score
#homeownership
fromwww.housingwire.com
5 months ago
Bootstrapping

Rocket plays the long game with its renter rewards program

Rocket Mortgage offers a customer-friendly mortgage option without additional markups, targeting renters to encourage homeownership.
Real estate
fromSFGATE
2 weeks ago

This Little-Known Home Financing Option May Help Homebuyers Score a Lower Interest Rate

Shopping around for mortgage rates can save homebuyers thousands.
Assumable mortgages may offer lower rates but have limited availability and complexity.
#home-buying
#home-affordability
fromSlate Magazine
2 weeks ago

I Have $50,000 in Stocks. Is Cashing It Out a Huge Mistake?

Keeping a low-interest mortgage while investing may yield better financial returns.
fromwww.housingwire.com
2 weeks ago

Mortgage rates haven't come down, straining some borrowers

Most 2-1 buydowns have expired, forcing borrowers to face financial strain or consider alternatives like ARMs or discount points.
#pre-approval
#homebuying
SF real estate
fromSFGATE
5 months ago

Can I Buy a Home With No Down Payment?

The average down payment for homes has dropped to 14.5%, making home buying more accessible despite rising prices.
No-down-payment loans are available but come with limitations for eligible buyers.
fromRedfin | Real Estate Tips for Home Buying, Selling & More
1 month ago

17 First-Time Homebuyer Mistakes to Consider and How to Avoid Them

Potential homebuyers should prioritize mortgage rate shopping, credit assessments, and exploring assistance programs to optimize their purchasing power.
Avoid emotional decision-making, which can lead to overpayment or unsuitable purchases by maintaining focus on priorities and a budget.
Critical processes like home inspections and negotiating costs should not be overlooked, as they directly influence purchase quality and expenses.
#cryptocurrency
fromFortune Crypto
1 month ago
Cryptocurrency

The Trump administration just took a big step towards considering crypto assets during home loan applications

fromFortune Crypto
1 month ago
Cryptocurrency

The Trump administration just took a big step towards considering crypto assets during home loan applications

#foreclosure
NYC real estate
fromSFGATE
3 months ago

The 5 Metros With the Greatest Number of Foreclosures To Start 2025

Foreclosure rates are rising in major U.S. cities as many homeowners struggle to make payments.
NYC real estate
fromSFGATE
3 months ago

The 5 Metros With the Greatest Number of Foreclosures To Start 2025

Foreclosure rates are rising in major U.S. cities as many homeowners struggle to make payments.
#inheritance
Retirement
from24/7 Wall St.
5 months ago

How to take over a mortgage when a loved one has passed away

Inheriting a house with an unpaid mortgage could allow you to assume the mortgage under specific conditions.
Retirement
from24/7 Wall St.
5 months ago

How to take over a mortgage when a loved one has passed away

Inheriting a house with an unpaid mortgage could allow you to assume the mortgage under specific conditions.
#uwm
fromwww.housingwire.com
1 month ago

PennyMac, loanDepot tap debt markets with senior notes

PennyMac is raising capital through unsecured senior notes to enhance its investment and operational strategies.
SF politics
fromSFGATE
1 month ago

Trump Says Fannie Mae and Freddie Mac Would Retain Government Guarantees in Public Offering

Trump plans to take Fannie Mae and Freddie Mac public while retaining federal guarantees and oversight.
fromwww.independent.co.uk
2 months ago

Estate agent ordered out of historic 19m mansion after losing battle with bank

A London mansion, once home to Charles Dickens, is being vacated by its owner due to mortgage non-payment.
from24/7 Wall St.
2 months ago

I'm earning $700k in tech but could lose my job soon - should I aggressively pay down my mortgage or build up cash instead?

Focus on building an emergency fund over paying off mortgage when anticipating job loss.
fromwww.housingwire.com
2 months ago

UWM unveils suite of AI-powered solutions ahead of flagship event

UWM has launched six AI-powered tools to streamline workflows for independent mortgage brokers.
fromwww.housingwire.com
2 months ago

Mortgage delinquencies rise slightly in Q1

Mortgage performance showed mixed results in Q1 2025, with an overall increase in delinquencies for conventional loans and rising foreclosure rates for VA loans.
#finance
Retirement
fromSlate Magazine
3 months ago

We Finally Have Enough Cash to Fulfill Our Big Dream. My Spouse Is Standing in the Way.

Pay off the mortgage and invest the savings into retirement for better financial security.
Retirement
fromSlate Magazine
3 months ago

We Finally Have Enough Cash to Fulfill Our Big Dream. My Spouse Is Standing in the Way.

Pay off the mortgage and invest the savings into retirement for better financial security.
from24/7 Wall St.
2 months ago

I Bought My House With a $1 Down Payment

I bought a house in February 2021 with a 3.2% fixed 30-year mortgage. The price of the house was $835,000. I put $1 down on the mortgage.
Retirement
fromwww.housingwire.com
2 months ago

The long anticipated transformation of the L.O.'s role is here

Current mortgage market conditions are volatile, making predictions difficult for lenders.
Technology is reshaping the mortgage landscape, enhancing efficiency and client interaction.
fromIndependent
2 months ago

Mother fighting repossession of her home said getting 245k mortgage aged 22 'haunted the next two decades of my life'

Nicola Geraghty's struggle with her mortgage exemplifies how financial burdens can drastically affect personal well-being and future planning.
fromwww.housingwire.com
2 months ago

loanDepot's revenue jumps 23% as Anthony Hsieh is set to return

loanDepot's Q1 2025 origination volume reached $5.2 billion, up 14% year-on-year, driven by a strong refinance recapture rate of 65%.
Startup companies
NYC real estate
fromSFGATE
2 months ago

Jumbo Loans: What To Know About the Risky Mortgage Needed To Buy Mansions

Jumbo loans are increasingly necessary for average homes in high-cost areas, posing higher risks and stricter lending requirements.
fromNew York Post
2 months ago

Exclusive | NYC Public Advocate Jumaane Williams loses Brooklyn home to bank after racking up nearly $1M in mortgage debt

Jumaane Williams lost his Brooklyn home to foreclosure after failing to pay nearly $1 million in debt from a business venture.
fromwww.housingwire.com
3 months ago

AI in mortgage is about evolution, not revolution

AI is enhancing existing tools, making them smarter and more efficient, but it won't fix a lack of effective tool usage. It's an evolution, not a revolution.
Artificial intelligence
fromwww.housingwire.com
3 months ago

Rocket Mortgage buys Mr. Cooper: One crazy uncle's opinion

Mr. Cooper is the largest mortgage servicer in the U.S., handling 10.9% of home loans.
#fintech
fromThe Mercury News
3 months ago

Bay Area woman pleads guilty to defrauding AME Zion Church

Sheila Quintana pled guilty to conspiracy in a mortgage fraud scheme involving the African Methodist Episcopal Zion Church.
fromwww.housingwire.com
3 months ago

CrossCountry, Blend announce partnership to drive IMB growth

Blend has launched a dedicated business unit for IMBs, enhancing technology and support under Justin Venhousen's leadership.
fromTimes Union
3 months ago

Letitia James fires back, saying allegations of fraud against her are 'baseless'

The mortgage and insurance fees that the Attorney General paid may have been less due to the misrepresentation of her Brooklyn property's unit count, claiming it was four instead of five.
NYC real estate
fromIndependent
3 months ago

Stick or twist: The hidden costs of switching a mortgage

Mortgage cash-back offers often seem appealing at first glance, but hidden costs such as legal expenses and breakage fees can quickly diminish their attractiveness.
UK news
fromSFGATE
3 months ago

Can't Afford Your Mortgage Anymore? Here's What To Do Before Things Get Worse

Homeowners facing financial strain should proactively communicate with their mortgage lenders for assistance.
fromwww.housingwire.com
3 months ago

Wire, title fraud risk hits record high, FundingShield reports

There is an urgent need for improved data verification in mortgage transactions due to rising error rates.
fromSFGATE
3 months ago

Selling a House When the Mortgage Hasn't Been Paid Off Is Fine-Unless It's Delinquent

You can sell a house even with an unpaid mortgage, as proceeds help pay off the loan.
fromwww.housingwire.com
3 months ago

VA plans end to VASP foreclosure assistance program

VA will cease new enrollments in the VASP program from May 1, 2025, ending a controversial effort to assist veterans with mortgage issues.
Startup companies
fromFast Company
4 months ago

The latest niche workplace benefit? Helping workers get a mortgage

Michael White pivoted his startup to focus on helping tech employees secure mortgages as many used lines of credit for home purchases.
#banking
UK politics
fromLondon Business News | Londonlovesbusiness.com
4 months ago

Bank of England holds interest rates - London Business News | Londonlovesbusiness.com

Interest rates remain at 4.5% amid inflation concerns, impacting high mortgage holders.
Future rate cuts may not provide immediate relief for homeowners.
Experts advise locking in remortgage deals to avoid higher costs.
#home-equity
Marketing tech
fromwww.housingwire.com
4 months ago

FOA's Kristen Sieffert talks about growing the business in 2025

FOA aims to capture a significant portion of the $14 trillion senior home equity market through digital transformation and partnerships.
fromRedfin | Real Estate Tips for Home Buying, Selling & More
4 months ago
Real estate

How Much Equity Do I Have in My Home? Here's How to Calculate Home Equity

Home equity is the amount of your home that you own after mortgage payments.
You can leverage home equity through loans or lines of credit.
Calculating home equity involves knowing your home's value and mortgage balance.
Marketing tech
fromwww.housingwire.com
4 months ago

FOA's Kristen Sieffert talks about growing the business in 2025

FOA aims to capture a significant portion of the $14 trillion senior home equity market through digital transformation and partnerships.
fromwww.housingwire.com
4 months ago

Vice Capital Markets integrates Fannie Mae's new loan pricing API

The new API streamlines the loan pricing process for lenders with a single request, enhancing efficiency and accuracy.
fromwww.housingwire.com
4 months ago

Union Home Mortgage hires two executive leaders

Smith transitions to a coaching role at UHM after 23 years, emphasizing legacy and collaboration.
Alonzo joins UHM to leverage technology for growth and customer satisfaction post-acquisition.
fromwww.housingwire.com
4 months ago

Uplist partners with Polly, offering insights to loan officers

The integration of Polly's pricing technology into Uplist significantly enhances client retention and refinance opportunities.
fromwww.bostonreb.com
4 months ago
Boston real estate

What is the best mortgage company to use when buying a Boston condo?

Rocket Mortgage is the recommended mortgage provider for Boston condo buyers in 2025.
First-time buyers can obtain a mortgage with a low down payment option.
Remodel
fromwww.housingwire.com
5 months ago

MBA lowers 2025 mortgage forecast for refinances

The MBA's revised mortgage forecast highlights an increase in purchase originations paired with a decrease in refinancing projections, indicating changing market conditions.
fromwww.housingwire.com
5 months ago

Better.com reports 400% growth for HELOC business

Better's HELOC product leverages advanced technology for rapid approvals and high approval rates in a competitive market.
[ Load more ]