Most Recent Mortgage News

What’s the ‘magic number’ that’ll get homebuyers off the sidelines?

What’s the ‘magic number’ that’ll get homebuyers off the sidelines?

“Truthfully, people are still getting great rates in the low sixes,” he said. “So I think if we were mid-high...

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Finance of America returns back to profit in first quarter

Finance of America returns back to profit in first quarter

Finance of America turned a profit in the first quarter following two consecutive periods of losses.  Processing Content The Texas-based...

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27 Apr to 01 May – Mortgage Strategy

27 Apr to 01 May – Mortgage Strategy

This week’s top headlines: Leeds BS and Coventry cut selected mortgage rates and Monmouthshire BS goes live with Phoebus. Explore...

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How Do Buy Now, Pay Later Loans Affect Mortgage Eligibility?

How Do Buy Now, Pay Later Loans Affect Mortgage Eligibility?

Everyone knows Buy Now, Pay Later (BNPL) loans are pervasive at this point. Anytime you buy anything online, you’re given...

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Spring housing market shows ‘cautious optimism’

Spring housing market shows ‘cautious optimism’

The US spring housing market held up more firmly than many expected in April, even as geopolitical tensions, gas...

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Manufactured homes market set to hit $42.7 billion by 2031

Manufactured homes market set to hit $42.7 billion by 2031

The manufactured housing market is expected to boom over the next few years, a new industry report found. Processing Content...

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Monzo completes acquisition of Habito – Mortgage Strategy

Monzo completes acquisition of Habito – Mortgage Strategy

Monzo has today completed the acquisition of digital mortgage broker Habito. The acquisition, which was originally announced in December last...

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Mortgage Rates Begin to Rise Again as Impasse in Middle East Becomes Clear

Mortgage Rates Begin to Rise Again as Impasse in Middle East Becomes Clear

It’s looking like mortgage rates are headed back up again after a nice reprieve in early April. We all know...

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Brokers in Illinois under attack with ‘atrocious’ state legislation – is your state next?

Brokers in Illinois under attack with ‘atrocious’ state legislation – is your state next?

Bob Perry (pictured top), executive director of the Illinois Mortgage Professionals Association, is concerned about Illinois House Bill 0744, named...

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California bills would pause mortgage payments in disasters

California bills would pause mortgage payments in disasters

Three wildfire-relief bills, including one that would let homeowners pause mortgage payments after a disaster declaration, cleared their respective California...

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