Mortgage warning from banks to homeowners over new back-garden cabinsHomeowners cannot secure mortgages for temporary structures like back-garden cabins, raising ownership and financing concerns.
Freddie Mac reports strongest earnings since 2021Freddie Mac significantly increased its loan acquisitions and mortgage-backed securities issuance in 2024, benefiting millions of families in the housing market.
Slightly lower mortgage rates fuels strong refi activityMortgage applications surged due to lower rates, with refinancing up 10% and average loan sizes hitting record levels.
Freddie Mac reports strongest earnings since 2021Freddie Mac significantly increased its loan acquisitions and mortgage-backed securities issuance in 2024, benefiting millions of families in the housing market.
Slightly lower mortgage rates fuels strong refi activityMortgage applications surged due to lower rates, with refinancing up 10% and average loan sizes hitting record levels.
Cardinal Financial unveils non-QM product suiteCardinal Financial Wholesale is launching a suite of nonqualified mortgage products to better serve diverse borrower needs.
CFPB reports significant' drop in mortgage activity in 2023Mortgage application and origination activity fell by one-third from 2022 to 2023, largely due to high interest rates.
Pressure to mount on banks and lenders to cut their mortgage ratesECB rate cuts are expected to lower mortgage rates, particularly benefitting tracker customers with individual repayment reductions.
CFPB reports significant' drop in mortgage activity in 2023Mortgage application and origination activity fell by one-third from 2022 to 2023, largely due to high interest rates.
Pressure to mount on banks and lenders to cut their mortgage ratesECB rate cuts are expected to lower mortgage rates, particularly benefitting tracker customers with individual repayment reductions.
Rate hires Connie Lindsay to lead mortgage lending in WashingtonRate adds experienced leader Connie Lindsay to strengthen its presence in Washington with a focus on customer-centric service and innovative technology.
I already have almost $2 million saved for retirement - should I still max out my employer-offered 401k?Choosing a primary financial goal simplifies the decision-making process for financing a home, especially when facing investment account options.
Zillow's mortgage business is growing.Lenders bewareZillow is rapidly expanding its mortgage business, reporting a 63% rise in revenue due to increased loan origination volume.
A Mortgage Alternative for Lower-Priced Homes Comes With RisksSome home buyers are turning to riskier alternatives for financing, such as seller-financed land contracts without involving banks.
FHA loan vs. conventional loan: What homebuyers should knowUnderstanding the difference between FHA loans and conventional loans crucial when considering buying a home.