The latest weekly survey data from Freddie Mac shows the 30-year fixed-rate mortgage jumped 40 basis points to an average of 6.70% this week, the highest level since 2007. The survey also indicates a large […]
Non-QM real estate investment trust Angel Oak Mortgage Inc. on Wednesday announced the departure of CEO Robert Williams. The company appointed Sreeni Prabhu, a managing partner at affiliate Angel Oak Capital Advisors, as the new […]
Social media app TikTok is expected to reach 1.8 billion users by the end of 2022 – will you be one of them? Many mortgage professionals are turning to the platform as a way to […]
Taking the main stage on Oct. 5 at HW Annual, Federal Housing Finance Agency Director Sandra Thompson will sit down for a fireside chat with HousingWire’s Sarah Wheeler. The highly anticipated conversation will share updates […]
Nearly six months after CEO Hugh Frater announced his resignation, Fannie Mae has found a permanent replacement. Priscilla Almodovar, the president and CEO of national housing nonprofit Enterprise Community Partners, will take the helm of […]
Revive, a technology startup enabling home sellers to update their properties with no upfront costs, was named Thursday as the winner of the fourth annual Pitch Battle at the National Association of REALTORS(R)’ 2022 Innovation, […]
FRED has added 75 new series of credit card and mortgage data provided by the largest financial institutions in the United States. They are part of the Federal Reserve Bank of Philadelphia’s FR Y-14M Large […]
Home buyers who waited to buy a home this month compared to last month may have some regrets. Home buying is 12% more expensive than just a month ago. Fast-rising mortgage rates–up one percentage point […]
New home sales came in as a massive beat of sales estimates, with a 28% month-to-month increase. And, out of the 461,000 new homes available for sale, only 49,000 have been completed and are available […]
Last month, President Joe Biden announced the federal government would forgive hundreds of billions of dollars of student loans. I believe this initiative is one of the most consequential administrative actions for housing in a generation. It could […]
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