A Severe Housing Downturn Is Now Possible
Sound the alarm. A severe housing downturn may now be in the cards in the United States. That is, if you believe the latest commentary… Read More »A Severe Housing Downturn Is Now Possible
Mortgage News
The latest real estate and mortgage industry news, digested. Look beyond the headlines to better understand what’s really happening.
Half of Americans Don’t Even Know What a Mortgage Is?
A new shock poll (I just wanted to utter that phrase) found that half of Americans don’t even know what the word “mortgage” means. The… Read More »Half of Americans Don’t Even Know What a Mortgage Is?
Why Did Mortgage Rates Drop So Much This Week?
If you’ve paid attention lately, you may have noticed that mortgage rates dropped by a sizable amount over the past week. And today, Freddie Mac… Read More »Why Did Mortgage Rates Drop So Much This Week?
What Is a Housing Correction? And Are We In One Now?
Lately, I’ve been hearing a lot about a “housing correction,” which at first glance looks and sounds kind of bad. Not as bad as say… Read More »What Is a Housing Correction? And Are We In One Now?
Can You Still Get an Adjustable Rate Mortgage?
Yes, adjustable-rate mortgages are still available, even though your lender may have hidden them from you for the past few years. Ultimately, ARMs just didn’t… Read More »Can You Still Get an Adjustable Rate Mortgage?
Top Mortgage Lenders by Volume in 2021: Rocket Zooms Highest Once Again with $100 Billion Gap
Now that the Home Mortgage Disclosure Act (HMDA) data is out, we can check out the top mortgage lenders of 2021. As you may have… Read More »Top Mortgage Lenders by Volume in 2021: Rocket Zooms Highest Once Again with $100 Billion Gap
Top USDA Lenders in 2021: Pennymac Blew Away the Competition
Today we’ll take a look at the top USDA lenders by loan volume in 2021. In case you need a refresher, USDA loans are reserved… Read More »Top USDA Lenders in 2021: Pennymac Blew Away the Competition
Top VA Loan Lenders: Freedom Mortgage Was #1 Again in 2021, But That Could Change
If you’re curious who the top VA loan lenders were last year, wonder no longer. The biggest was Freedom Mortgage, a direct lender based out… Read More »Top VA Loan Lenders: Freedom Mortgage Was #1 Again in 2021, But That Could Change
Why You Might Not Want to Get Too Excited (or Nervous) About a Housing Crash
As mortgage rates continue their ascent toward 6%, more and more folks are talking housing market crash. But high interest rates aren’t really a catalyst… Read More »Why You Might Not Want to Get Too Excited (or Nervous) About a Housing Crash
Are Mortgage Rates Heading to 6%?
Welp, despite my calls for a reversal, or a correction of sorts, mortgage rates keep climbing higher. The trend is decidedly not anyone’s friend when… Read More »Are Mortgage Rates Heading to 6%?