The latest real estate and mortgage industry news, digested. Look beyond the headlines to better understand what’s really happening.
There’s been a lot of speculation that home prices would crash as mortgage rates surged. The argument was especially convincing after the 30-year fixed climbed… Read More »Wondering Where Home Prices Go Next? Look at Inventory, Not Mortgage Rates
The mortgage deals keep coming, the latest being the new “U.S. Bank Access Home Loan,” which comes with up to $12,500 in down payment assistance… Read More »U.S. Bank Access Home Loan Offers Up to $12,500 in Down Payment Assistance and a $5K Lender Credit
In the past few months, 1% down payment mortgages have returned with a vengeance. We’ve already seen Rocket Mortgage ONE+ and a similar product from… Read More »Guild Mortgage Launches 1% Down Home Loan Combined with a Temporary Rate Buydown
The mortgage space is unique from a lot of other businesses in that the customer isn’t always right. And special offers are typically few and… Read More »Chase Offering $200 If It Can’t Meet or Beat Your Mortgage Offer
Lately, there’s been a lot of talk about buying now and refinancing later, once mortgage rates drop. Of course, that’s if mortgage rates do indeed… Read More »Navy Federal No-Refi Rate Drop: Lower Your Mortgage Rate for Just $250
You’ve heard it a million times, but I’ll say it again. It pays to shop around for your mortgage. Freddie Mac told us a while… Read More »CFPB: Choosing a Cheaper Mortgage Lender Could Save You $100 a Month
If you haven’t heard, the 30-year fixed has once again surpassed 7%, at least by some accounts. After settling in around 6.5% in early May,… Read More »Why Are Mortgage Rate Spreads So High Right Now?
As housing affordability wanes, mortgage lenders have gotten increasingly creative to help borrowers qualify. The latest innovative product is “Movement Boost,” a zero-down FHA loan… Read More »Movement Mortgage Launches Zero Down FHA Loan
Rocket Mortgage is the latest company to offer a 1% down payment mortgage to address ongoing affordability concerns. The new program, coined “ONE+,” offers a… Read More »Rocket Mortgage ONE+: The Latest 1% Down Home Loan Program
If you’ve heard that the housing market crashed, consider this. Nearly 40% of markets nationwide have returned to peak home prices on a seasonally adjusted basis,… Read More »Nearly 40% of Housing Markets Nationwide Have Returned to Their Peak Prices
