The mortgage world is fast-paced and constantly evolving, driven by shifts in laws and economic conditions. Both lenders and borrowers need to grasp these changes to skillfully move through the maze of mortgage regulations. […]
In the ever-evolving landscape of mortgage banking, executives face the critical challenge of leading their teams through turbulent times. The current market, characterized by the “higher for longer” scenario, presents unique obstacles: originators grapple […]
TikTok is synonymous with singing, dancing, skits, and now—mortgages. Some of the 170 million U.S. users of the popular social media app are also homebuyers in need of loans. Like so many other people in search […]
The homeownership rate for Black households has grown faster than average since 2019, though it is still lower than its peak from 20 years ago. According to a new data report from Zillow (NASDAQ:Z, ZG), […]
You got the pre-approval, found a home, and had your offer accepted. Congratulations! All you need to do now is sit back and wait for closing, right? Well, not exactly. As Lenny Kravitz once crooned, “It ain’t over till it’s over.” […]
First quarter commercial and multifamily mortgage loan originations were essentially unchanged from one year earlier but were down 23% from the previous quarter, according to new data from the Mortgage Bankers Association (MBA). During the […]
Mortgage demand weakened last week, according to the latest data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.3% on a seasonally adjusted basis […]
Mortgage demand increased slightly for the first time in four weeks, with a modest uptick in refinance applications leading the way. But don’t expect it to continue. Mortgage applications increased by 0.1% on a […]
A Phil Hall Op-Ed: Today, while most of the country was looking skyward through special glasses to see a once-in-a-lifetime total eclipse, President Biden was looking at his tanking poll numbers and hastily served up another […]
The U.S. economy added another 303,000 jobs in March, exceeding economists’ expectations, and well above the average monthly gain of 231,000 jobs over the prior 12 months. Jobs increased in March, up from a […]
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