Lately, the home builders have been struggling to sell homes. And the culprit has been affordability. In June, new single-family home sales fell to an… Read More »Home Builders Unloading Inventory Today Looks Nothing Like the Early 2000s
Welp, just like that it appears mortgage rates are moving back down toward 6.50%, possibly lower. And you can thank a super weak labor market… Read More »A Terrible Jobs Report Means You Can’t Count Out Lower Mortgage Rates in 2025
After the Veterans Affairs Servicing Purchase (VASP) program was abruptly wound down earlier this year, scores of veteran homeowners were left at risk of foreclosure.… Read More »VA Home Loan Program Reform Act Brings Back Partial Claim to Help Veterans Avoid Foreclosure
In the midst of becoming a meme stock, iBuying company Opendoor has launched a new feature. It seems to be curious timing given the stock’s… Read More »Opendoor Cash Plus Launched Amid Meme Stock Frenzy
When you hear the phrase “second mortgage,” a negative connotation likely comes to mind. Back in the day, the presence of an additional loan meant… Read More »Why Beyoncé and Jay-Z Took Out a Second Mortgage
While it’s a difficult concept to wrap one’s head around, it is possible to see lower mortgage rates and slowing home price appreciation. Most people… Read More »Fannie Mae Forecasts Lower Mortgage Rates, Less Home Price Appreciation in 2026
Once upon a time, it was pretty common to see a new housing development flanked by a sign saying something like, “Starting in the low… Read More »Home Builders Are Advertising Monthly Payments Instead of Home Prices to Clear Inventory
Ever since mortgage rates surged from their record lows in early 2022, economists have been attempting to figure out what specific rate would get the… Read More »The Magic Mortgage Rate Is Now 6%
The nation’s top mortgage lender has launched a new borrower-paid temporary buydown to drum up refinance business. It appears they’re doing so at a time… Read More »UWM Launches Borrower-Paid Temporary Buydown for Refinances
Once again, there have been reports of President Trump threatening to fire Fed Chair Jerome Powell. But like the last time this happened, Trump has… Read More »Firing Jerome Powell Won’t Benefit Mortgage Rates
