Mortgage rates kept climbing this week as spreads on the 10-year Treasury yield widened, reaching a 16-year high. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down […]
The implementation of more careful loan screening procedures has contributed to lower levels of risk for mortgage fraud. Mortgage application fraud declined 3.1% year-over-year in Q2 of 2023 compared to the second quarter of 2022, […]
The real estate market in China, both commercial and residential, have been unwinding over the last few years. Like a slow-motion train wreck at first, it is now definitively off the rails and heading over […]
As Compass looks to strengthen its presence in Northern California, it is welcoming back a familiar face. The Robert Reffkin-helmed firm is welcoming back Bob Gerlach, who retired from the brokerage in 2021, according to […]
Families with children under 24 years old living at home recorded 35% of all predicted listings through July, according to The nSkope Predictive Analytics Report. The report reviewed nSkope’s January-April 2023 listings predictions and found […]
A Harlem townhouse with a “Scandinavian farmhouse” vibe has been price-slashed by $1 million. The three-story home, known as Harlem House, is owned by ’90s Swedish indie pop star Nina Persson, lead singer/lyricist of the […]
Fannie Mae on Thursday announced that its Desktop Underwriter (DU) system will include new changes to the maximum allowable loan-to-value (LTV) ratios for two- to four-unit, principal residence, purchase and limited cash-out transactions, as well […]
Barbara Walters admirers will soon have a chance to own a piece of the late broadcast journalist’s legacy. Later this month and into early November, more than 300 items from the television icon’s Upper East […]
Industry-leading lender Movement Mortgage will become an “early adopter” of FICO Score 10 T, the updated credit scoring model designed to take advantage of trended data information to help expand mortgage approval rates. Movement will […]
The cost of financing a home surged again this week as the average long-term US mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers. The […]
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