MCT Report: Rate Locks Down
Total mortgage rate locks by dollar volume decreased 3.8% in June; total lock volume down 32.0% from a year ago.
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Steve Goode
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171 results
Jobs Report: Economy Adds 372,000 Jobs
Number slightly higher than expected, contradicting recession predictions.
Harvard Report: Investors Have Contributed To Shortage Of Houses For Sale
More than a quarter of single-family homes bought by investors in the first quarter of 2022.
Consumer Frustration Creeps Into The Housing Market
Fannie Mae index shows pessimism among buyers and sellers
FHA Announces Temporary HECM Waivers
Waivers provide relief to borrowers affected by pandemic.
New Fights Old
Active push for high-tech mortgages gets pushback from consumers
Mortgage Banker
iBuying Is Not Circling The Drain
Surge in home prices is making the segment more profitable — even for departing Zillow
NMP
Equifax Credit Scores Glitch Still Being Analyzed
Coding issues affected about 12% of potential borrowers.
The Fed Walking A Tightrope On Interest Rates
“Anything less than 50 basis points risks being too soft; more than 50 basis points risks being too aggressive.”
NY Foreclosure Abuse Bill Still Not Signed
NY Gov. Kathy Hochul says her office has 800 bills to review.