Federal court grants preliminary approval for settlement alleging unlawful charges for mortgage payments made online or by phone.
Mortgage refinance application rates plunged from 21.4% in October 2021 to 8.9% in October 2022.
Renters, including historically underserved groups, will benefit from paying on time each month.
Investors reduced offerings of ARM, Non-QM loans; HELOCs up slightly.
Expectations stable on home price increases but high rent increases expected.
Some segments showed improvement in March 2022