The Community Home Lenders of America (CHLA) submitted a letter to the Consumer Financial Protection Bureau (CFPB) in support of changes to the loan originator compensation rule, telling CFPB Director Rohit Chopra that the current […]
Geopolitical tensions, energy market imbalances, persistently high inflation and rising interest rates have many investors and economists concerned that a U.S. recession is inevitable in 2023. The risk of recession has been rising as the Federal Reserve […]
Last August, Congress enacted a significant piece of climate legislation, the Inflation Reduction Act (IRA). The IRA is vast and the climate issues it confronts are massive, reorienting the way the U.S. and global economies […]
Heads up, homebuyers! Big changes have arrived in the way mortgage fees are calculated, and they could offer a windfall — or an unexpected surcharge — for your next home purchase. Starting Monday, some fees will […]
If you’re looking to buy a home, new federal rules may impact how much you pay for a mortgage. Beginning May 1, upfront fees for loans backed by Fannie Mae and Freddie Mac will be […]
LOS ANGELES (KABC) — Buying a house means getting a mortgage and you assume if you have a higher credit score, you’re considered “low risk” and will then get lower costs. Well, that’s going to change. […]
Like its other Big Four counterparts, the first quarter of 2023 did not produce great financial results for Old Republic. “As we started adjusting to the normal seasonal real estate markets, or which the first […]
Redfin found nearly half of homes on the market are selling within two weeks. The post New Listings of Homes Down 22.4% appeared first on Weekly Real Estate News.
A group of Republican lawmakers in the U.S. House of Representatives, led by Rep. Andy Biggs (R-Ariz.), recently introduced a bill that, if passed, would block changes to the Federal Housing Finance Agency‘s (FHFA) loan […]
Average mortgage payments are most expensive in Hawaii ($3,696), California ($3,399) and Massachusetts ($3,201). The post Report: Average Monthly Mortgage Payment is $2,317 appeared first on Weekly Real Estate News.
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