Lowest Rates Since September 2019 (Almost 2016)

Mortgage rates regained their footing today, moving back to long-term lows after pausing to move slightly higher yesterday. The definition of "long-term" depends...

Fannie Mae warns lenders: There is a growing list of fake employers showing up...

Back in 2018, Fannie Mae issued a warning to lenders after identifying more than 30 apparently fake companies that were appearing on borrowers’ mortgage...

Mortgage Rates Maintaining Longer-Term Lows For Now

Mortgage rates remained in line with 3-month lows today for the average lender. Several lenders offered marginally better terms compared to yesterday, but...

Thinking of hiring a real estate agent to buy or sell a house? Read...

The real estate agent disconnect A new survey shows that most Americans see real estate agents as a valuable asset on their home buying and...

Four tips to decode and demystify mortgage application data

For many years, I have been adamant that following the Mortgage Bankers Association‘s purchase application data is critical for predicting what will happen in...

Can these mortgage startups change the world, or will Zillow and Opendoor take it...

Venture capital-backed home lending startups fill key first-time homebuyer, cash-out and investor niches. But will they really change the world, or just be niches?...

Mortgage applications spike 30.2%

Mortgage applications spiked 30.2% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. This means on a seasonally adjusted...

Big banks did big mortgage business in the fourth quarter

While the tallying up isn’t quite done yet, all indications are that 2019 will end up being a very good year for the mortgage...

Visa buying fintech company Plaid for $5.3 billion

Last year, Plaid, a technology platform that connects various applications with users’ bank accounts and has a growing presence in the mortgage space, secured...

Is the first-home buyer scheme targeting the wrong Aussies?

While the goal of the federal government's First Home Loan Deposit Scheme (FHLDS) is to help first-home buyers break into the housing market, it...