Most Recent Mortgage News

Mortgage-related loss grows at Remax in 2Q

Mortgage-related loss grows at Remax in 2Q

Remax Holdings reported higher mortgage revenue year-over-year in the second quarter but the non-GAAP loss for the segment also rose....

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05 Aug to 09 Aug – Mortgage Strategy

05 Aug to 09 Aug – Mortgage Strategy

Mortgage Strategy’s Top 10 Stories of the Week: This week’s top stories feature NatWest’s controversial sub-4% direct deal and Barclays’...

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Is It Better to Buy a Home When Mortgage Rates Are High?

Is It Better to Buy a Home When Mortgage Rates Are High?

Over the years, there’s been a popular argument that it’s better to buy a home when mortgage rates are high....

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United Wholesale Mortgage’s profits take a hit in Q2

United Wholesale Mortgage’s profits take a hit in Q2

Despite lower profits, total loan origination volume for Q2 2024 reached $33.6 billion, up from $27.6 billion in the first...

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Renter households growing far faster than homeowners

Renter households growing far faster than homeowners

America’s renter population is growing three times faster than its homeowner population amid affordability struggles, partially thanks to the multifamily...

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MPowered cuts rates and brings in new LTV tiers – Mortgage Strategy

MPowered cuts rates and brings in new LTV tiers – Mortgage Strategy

MPowered Mortgages has cut prices on fixed rates by up to 37 basis points and brought in new LTV bands....

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Planet Home Lending to take over Axia Home Loan’s retail arm

Planet Home Lending to take over Axia Home Loan’s retail arm

The news came unexpectedly to many at Axia, who had not anticipated such changes given the company’s employee stock ownership...

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Is the latest jobs report the turning point for rates?

Is the latest jobs report the turning point for rates?

Interest rates on home loans at deadline had reportedly plummeted then moderated following weakness in overall employment numbers that surfaced...

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29 Jul to 02 Aug – Mortgage Strategy

29 Jul to 02 Aug – Mortgage Strategy

Mortgage Strategy’s Top 10 Stories of the Week: Accord and NatWest are slashing rates tomorrow, and the industry breathes a...

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UBS sues Bank of America over $200 million Countrywide-related legal costs

UBS sues Bank of America over $200 million Countrywide-related legal costs

Bank of America’s acquisition of Countrywide for $2.5 billion in July 2008 came at a steep cost, as the bank...

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