A new survey from home valuation and real estate listing company Zillow revealed that just 22% of homeowners refinanced their mortgages over the past 12… Read More »Only 22% of Homeowners Refinanced Over the Past Year: Here’s Why
The latest real estate and mortgage industry news, digested. Look beyond the headlines to better understand what’s really happening.
Assuming you actually needed to be told, Quicken Loans (aka Rocket Mortgage) was the top residential mortgage lender in the United States last year. The… Read More »Top Mortgage Lenders by State in 2020: Rocket Claims 19 States and D.C.
Not that it matters much these days, but apparently Thursday is the best day to list your home for sale. This is the latest advice… Read More »Thursday Is the Best Day to List Your House
Whether you’re an existing homeowner, or a desperately prospective one, you probably already know that the housing market is absolutely bonkers. The topics du jour… Read More »The Housing Market Is Nuts, But Probably Has a Lot More Upside
Declaring that ARMs are back, United Wholesale Mortgage (UWM) has just rolled out a new line of adjustable-rate mortgages for its mortgage broker partners. The… Read More »Nation’s Top Wholesale Mortgage Lender Launches New Line of Adjustable-Rate Mortgages
In an effort to perhaps streamline its brand and create a little less consumer confusion, Quicken Loans announced today that it is officially changed its… Read More »Quicken Loans Changes Name to Rocket Mortgage
In an effort to undo some of the damage the Federal Housing Finance Agency (FHFA) basically caused itself, it’s throwing a bone to so-called low-income… Read More »New Fannie/Freddie Refinance Option Drops Adverse Market Fee, Offers $500 Appraisal Credit
File this one under bizarre, for several different reasons. Mad Money host Jim Cramer disclosed yesterday that “he recently paid off a mortgage using profits… Read More »Jim Cramer Just Paid Off His Mortgage with Bitcoin Gains