Most Recent Mortgage News

Rocket Mortgage Unveils New 2-1 Rate Buydown for Lower Income Home Buyers

Rocket Mortgage Unveils New 2-1 Rate Buydown for Lower Income Home Buyers

In an effort to boost affordability for those most in need, Rocket Mortgage has launched a new program called “Welcome...

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CEO on what’s essential for brokers and loan officers

CEO on what’s essential for brokers and loan officers

Executive talks finding opportunity in current market Disclaimer: This story is auto-aggregated by a computer program and has not been...

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Powell’s pivot leaves traders debating size, path of rate cuts

Powell’s pivot leaves traders debating size, path of rate cuts

Now that Federal Reserve Chair Jerome Powell has made it crystal clear that interest-rate cuts are coming next month, bond...

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Accord reduces rates on resi loans by up to 35bps   – Mortgage Strategy

Accord reduces rates on resi loans by up to 35bps   – Mortgage Strategy

Accord Mortgages will cut residential fixed-rate offers by as much as 35 basis points on up to 95% loan-to-value products...

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How Does Real Estate Commission Work Now?

How Does Real Estate Commission Work Now?

In the not-so-distant past, aka before August 17th, 2024, real estate commissions worked a lot differently. Or at least the...

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Fed ready to start cutting rates, says Powell

Fed ready to start cutting rates, says Powell

Lowering rates, he added, would likely offer a way for the economy to return to the Fed’s 2% inflation target...

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Existing-home sales increase for first time in five months

Existing-home sales increase for first time in five months

U.S. sales of previously owned homes rose in July for the first time in five months, suggesting the housing market...

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Guarantees underpin 44k mortgages but uptake has slowed – Mortgage Strategy

Guarantees underpin 44k mortgages but uptake has slowed – Mortgage Strategy

The government’s mortgage guarantee scheme has supported 44,383 loans since its launch in 2021, but official figures show the number...

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Can Real Estate Commissions Be Financed via the Mortgage?

Can Real Estate Commissions Be Financed via the Mortgage?

You’ve probably heard about the big NAR settlement that could completely change how real estate works going forward. But if...

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UWM EVP talks wholesale growth, market prospects

UWM EVP talks wholesale growth, market prospects

A further 25 to 50 basis points’ worth of cuts, Elezaj said, could see activity spike again, although the executive...

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