The post What Is a Reverse Mortgage & What Does It Mean to Me? appeared first on Weekly Real Estate News.
What Is a Reverse Mortgage & What Does It Mean to Me?
Housing Wire
Pricing exceptions are widespread in mortgage — and so are the regulatory risks
Mortgage lenders are offering discounts on loan pricing to capture borrowers. But which customers get a discount and which do not is attracting scrutiny from regulators. Image generated by AI in MidJourney.Mike, a North […]
Housing Wire
Mortgage demand dropped last week despite a decline in rates
Mortgage rates dropped last week, but it wasn’t enough to spur mortgage demand. The market composite index, a measure of mortgage loan application volume, declined 0.8% for the week ending November 25 after rising 2.2% […]
Housing Wire
Demand for home loans climbs despite surging mortgage rates
It’s counterintuitive but real: Despite surging mortgage rates, borrowers’ demand for home loans rose last week. There were very low levels of mortgage applications in the weeks prior to the surprising uptick. However, a surge […]