Most Recent Mortgage News

Fed in no rush to cut rates, says Powell

Fed in no rush to cut rates, says Powell

In his speech in Dallas, Powell said it wouldn’t be a surprise to see slow progress on the inflation front...

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Fed study shows how much discount points are driving up costs

Fed study shows how much discount points are driving up costs

Discount points have driven mortgage borrowers’ out-of-pocket costs up 33% in the past few years, a Federal Reserve study finds. ...

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Mortgage lending to grow 1.6% in 2024: EY – Mortgage Strategy

Mortgage lending to grow 1.6% in 2024: EY – Mortgage Strategy

Mortgage lending to grow 1.6% this year, up from -0.1% in 2023, EY ITEM Club reveals. EY forecasts that mortgage...

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Don’t Attempt to Time the Housing Market

Don’t Attempt to Time the Housing Market

It’s a tale as old as time. Someone attempts to time the market, only to fail miserably. Then they either...

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Housing industry split on impact of latest Fed rate cut

Housing industry split on impact of latest Fed rate cut

The Fed’s decision followed President-elect Donald Trump’s recent re-election, with voters expressing ongoing concerns about inflation and economic stability. While...

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Rocket, Pennymac, UWM ratings upgraded by Fitch

Rocket, Pennymac, UWM ratings upgraded by Fitch

The bulk of more sizable, rated nonbank mortgage companies will start the new year on better footing than 12 months...

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Pill   – Mortgage Strategy

Pill   – Mortgage Strategy

Bank of England chief economist Huw Pill said there is “scope for further reductions” in the base rate if the...

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What Will Happen to Mortgage Rates During Trump’s Second Term?

What Will Happen to Mortgage Rates During Trump’s Second Term?

It’s been no secret that most everyone thinks mortgage rates will be higher under President Trump. But because it’s been...

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7 in 10 managers concerned about increased workplace tensions after US election

7 in 10 managers concerned about increased workplace tensions after US election

Voters in the United States flock to polling stations on Nov. 5 to choose between Democratic Vice-President Kamala Harris and...

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Loandepot returns to profit in Q3, unveils new strategic plan

Loandepot returns to profit in Q3, unveils new strategic plan

Loandepot saw its financial wherewithal bounce back into the black in the third quarter, after reporting losses since the beginning...

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