UWM delivers highest volume in three years amid mini refi boom
UWM Holdings Corp. experienced its biggest production quarter in three years, driven by increasing refi volumes and strategic margin improvements.
Reverse mortgage volume and HMBS issuance improve in April
Refi volume dropped 3.4% due to higher rates, but some top lenders saw gains. RMI President Lunde advocates cautious optimism, citing steady gains and focus on H4P niche.
UWM delivers highest volume in three years amid mini refi boom
UWM Holdings Corp. experienced its biggest production quarter in three years, driven by increasing refi volumes and strategic margin improvements.
Reverse mortgage volume and HMBS issuance improve in April
Refi volume dropped 3.4% due to higher rates, but some top lenders saw gains. RMI President Lunde advocates cautious optimism, citing steady gains and focus on H4P niche.
Housing relief? Mortgage rates drop to their lowest level in over a year
Mortgage rates decreased, leading to a rise in refinancing, but buying a home remains challenging. Homeowners with low-cost loans are reluctant to move.
Are you prepared to respond as borrower demand shifts?
The Federal Reserve's interest rate cut impacted refinance applications but caused rates to quickly rise again, highlighting market volatility.
Should You Refinance Your Mortgage After the Fed's Interest Rate Cut?
Homeowners should consider refinancing now that mortgage rates have dropped below previous highs, especially in light of potential future Fed actions.
From mortgages to auto loans, experts weigh in on when or if to refinance as interest rates fall
Federal Reserve's interest rate cut influences consumer refinancing decisions.
Most homeowners are locked into lower rates, complicating refinancing considerations.
Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again
Mortgage demand has shifted towards refinancing due to declining interest rates, though purchases remain weak compared to last year.
Weekly Mortgage Rates Tumble; Should You Refinance?
Mortgage rates dropped significantly, prompting a surge in refinancing interest.
Housing relief? Mortgage rates drop to their lowest level in over a year
Mortgage rates decreased, leading to a rise in refinancing, but buying a home remains challenging. Homeowners with low-cost loans are reluctant to move.
Are you prepared to respond as borrower demand shifts?
The Federal Reserve's interest rate cut impacted refinance applications but caused rates to quickly rise again, highlighting market volatility.
Should You Refinance Your Mortgage After the Fed's Interest Rate Cut?
Homeowners should consider refinancing now that mortgage rates have dropped below previous highs, especially in light of potential future Fed actions.
From mortgages to auto loans, experts weigh in on when or if to refinance as interest rates fall
Federal Reserve's interest rate cut influences consumer refinancing decisions.
Most homeowners are locked into lower rates, complicating refinancing considerations.
Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again
Mortgage demand has shifted towards refinancing due to declining interest rates, though purchases remain weak compared to last year.
Weekly Mortgage Rates Tumble; Should You Refinance?
Mortgage rates dropped significantly, prompting a surge in refinancing interest.
Mortgage rates plummet and everything has suddenly changed for now
Borrowers with strong credit secure mortgages at low rates, motivating both refinance and purchase activity.
They bought homes with the intention to refinance. Now they're stuck
Many homebuyers struggled after the surge in mortgage rates during the pandemic, expecting to refinance but facing challenges due to rising interest rates.
Average rate on a 30-year mortgage falls to lowest level in more than a year
Mortgage rates have dropped, increasing purchasing power and interest in home buying and refinancing.
Average 30-year mortgage rate surges, adding pressure on buyers
Mortgage rates have surged, impacting homebuyers amid high prices and limited housing supply.
The average 30-year mortgage rate rose to 6.32%, complicating affordability for buyers.
Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year
Mortgage rates have decreased significantly, boosting affordability for homebuyers and encouraging refinancing.
Mortgage refinancing surges 35% in one week, as interest rates hit lowest level in over a year
Refinance applications surged 35% last week due to a drop in mortgage rates, reflecting increased homeowner activity despite ongoing challenges in the housing market.
Mortgage rates plummet and everything has suddenly changed for now
Borrowers with strong credit secure mortgages at low rates, motivating both refinance and purchase activity.
They bought homes with the intention to refinance. Now they're stuck
Many homebuyers struggled after the surge in mortgage rates during the pandemic, expecting to refinance but facing challenges due to rising interest rates.
Average rate on a 30-year mortgage falls to lowest level in more than a year
Mortgage rates have dropped, increasing purchasing power and interest in home buying and refinancing.
Average 30-year mortgage rate surges, adding pressure on buyers
Mortgage rates have surged, impacting homebuyers amid high prices and limited housing supply.
The average 30-year mortgage rate rose to 6.32%, complicating affordability for buyers.
Average rate on a 30-year mortgage falls to 6.47%, lowest level in more than a year
Mortgage rates have decreased significantly, boosting affordability for homebuyers and encouraging refinancing.
Mortgage refinancing surges 35% in one week, as interest rates hit lowest level in over a year
Refinance applications surged 35% last week due to a drop in mortgage rates, reflecting increased homeowner activity despite ongoing challenges in the housing market.
Cumulus Q1: Digital up. Total revenue down. "Considerable runway." - RAIN News
Refinanced capital structure with favorable terms, resulting in reduced debt, lower interest rates, and increased asset-based lending.
Focused on digital growth, accelerating digital marketing services to increase revenue while facing challenges in overall revenue and specific categories.
Pacific Equity Scores $135M Loan on Malibu Retail Project
Pacific Equity Partners secured $135 million loan to refinance Cross Creek Ranch in Malibu.
The property includes 60% retail and 40% office space, valued at over $1,200 per square foot.
U.S. 30-year mortgage rate drops below 7%, spurring home purchases
US mortgage rates below 7% for the first time in a month, boosting home purchase applications.
30-year fixed mortgage rate drops 18 basis points to 6.84%, the biggest decline in three months.
Fintech provides customized banking experiences for students
Coretrust Capital's Pasadena Office Campus Goes to Auction
Coretrust Capital Partners will see its 640,000-square-foot office campus in Pasadena go to auction after defaulting on a $271 million loan.
The auction was initiated by Heitman, the lender based in Chicago, and is scheduled for December 20th.
The sale of the property will go towards paying off debts secured by its deed of trust.
For Homeowners With Adjustable-Rate Mortgages, the Clock Is Ticking: Here's What To Do
Homebuyers with adjustable-rate mortgages from 2019 are facing challenges due to high interest rates, needing to navigate potential rate increases strategically.
Brookfield Properties, Partner Refinance Victoria Gardens Mall
Brookfield Properties and Queensland Investment Corporation are refinancing part of Victoria Gardens mall, showcasing strategic financial maneuvers amid challenges in retail sector.