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Mark Paul Cervantes
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The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) decreased last week to 6.48% from 6.50% Applications to refinance a home loan jumped 10% last week, compared with […]
Lower debuts white label mortgage platform
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Mariel Alumit
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Columbus, Ohio-headquartered lender Lower rolled out mortgage as a service platform that enables consumer finance, banking and real estate companies to offer its mortgage products. Lower’s platform is aimed to offer a “digital-first home financing […]
Housing Market Tracker: Mortgage rates spike as inventory falls
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Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in […]