What Is the Downside of Getting a Mortgage?
Jan 13, 2025I saw his seemingly straightforward question posed and was surprised I’d never really addressed it. I’ve been writing about mortgages...
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Most Recent Mortgage News
Mortgage
‘Feeling numb’: Celebrities who’ve lost their homes in ‘horrific’ LA wildfire
Jan 12, 2025“Wildfires continue to be a leading cause of carriers’ refusal to insure large geographic swaths of California or leaving the...
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Mortgage
Fire razes LA enclave bigger than Manhattan
Jan 11, 2025Three days after the fire began raging in the Pacific Palisades of Los Angeles, only 8% of it has been contained and...
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Mortgage
Lenders search for calm in turbulent bond market to avoid mortgage rises – Mortgage Strategy
Jan 10, 2025Lenders are closely monitoring the turmoil in the bond markets before deciding whether to lift mortgage rates. This week, 30-year...
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Mortgage
Ally Financial Calls It Quits on Mortgage Lending, Will Lay Off Staff
Jan 9, 2025Well, 2025 is off to a rough start with one fairly large mortgage lender calling it quits already. Ally Financial...
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Mortgage
CFPB sues Berkshire-owned mortgage lender
Jan 8, 2025The lawsuit claims Vanderbilt relied on unrealistic financial projections for borrowers, failing to account for essential living expenses like food...
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Mortgage
Negative MBS trends reversing: what’s driving the turnaround
Jan 7, 2025Trends that once posed challenges for mortgage-backed securities are now transforming into market drivers according to a new report by...
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Mortgage
Significant year ahead for sales and lettings: Propertymark – Mortgage Strategy
Jan 6, 2025The average number of new prospective buyers registered per member branch saw an uplift in November 2024 to 108 per...
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Mortgage
The Opposite of Paying Points on Your Mortgage
Jan 5, 2025Mortgage Q&A: “What is a lender credit?” If you’ve been shopping mortgage rates, whether for a new home purchase or...
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Mortgage
Over 250k homeowners remain in forbearance — report
Jan 4, 2025“The overall mortgage forbearance rate increased three basis points in November and has now risen for six consecutive months,” said...
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