Declining lock volumes and applications signal difficult conditions ahead with volatility on the upswing
The first two weeks of 2025 have greeted the mortgage industry with heightened volatility, rising mortgage rates, and no clear indication that “normalization” is happening — unless, this is that. Mortgage rate locks declined 16.7% on a monthly basis in December amidst ris...
Home insurers nowhere to be found during "one of the worst wildfire incidents on record”
“Schools gone, community centers gone, churches gone, houses gone,” said G-Rate Executive Vice President and Head of Insurance Jeffrey Wingate, rattling off the extensive damages stemming from the recent and multiple wildfires that have ravaged an estimated 40,306 acres acro...
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