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Coming Up:
Better.com Offering Severance To Some U.S. Employees
Online mortgage broker's voluntary severance offer follows two rounds of mass layoffs.
Median Home Prices Spike 16% Year Over Year
Houses are less affordable in nearly 80% of all U.S. counties.
Consumer Pessimism On Mortgage Rates Hits New High
Over two-thirds of respondents expect mortgage rates to go up in next 12 months
Housing Bubble Pop Likely If Mortgage Rates Hit 5.75%
It may not be as destructive as 2008 due to some factors
Gulotta Joins Deephaven Mortgage As Regional Sales, VP Of Wholesale Sales
Will teach East Coast mortgage brokers about company’s non-QM products.
Daily Mortgage Rates Top 5%
Threshold broken faster than expected, but rates are in flux.
FHA Seeks 40-Year Mortgage Modifications
Proposed rule change sees opposition due to unclear effect on lenders
Renters of Color Pay Higher Security Deposits
Asian Americans/Pacific Islanders pay the most
Mortgage Builder Rebrands To Constellation Mortgage Solutions
The move follows Constellation Software’s acquisitions of Mortgage Builder in 2019 and ReverseVision earlier this year.
Mortgage Refinancing Continues Sharp Application Decline
MBA says overall mortgage volume continues to decline, driven by high rates