interest
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Real estate
Terry Schmidt says Guild is seeing more interest in reverse mortgages
Guild Mortgage CEO Terry Schmidt said Wednesday during a third-quarter earnings call that Guild’s reverse mortgage division continues to contribute…
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Real estate
Zillow’s mortgage revenues are rising due to lower interest rates
A stagnant housing market has not held back Zillow‘mortgage company. On its third-quarter earnings call Wednesday evening, the real estate…
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Real estate
Representative Barbara Lee expresses interest in leading HUD if Harris becomes president
Representative Barbara Lee (D), member of the US House of Representatives who serves California’s 12th congressional district in the Oakland…
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Real estate
Demand for housing is increasing due to lower mortgage interest rates
Housing demand is highly seasonal, so the fact that our current contract data has been strengthening lately just shows that…
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Real estate
Reverse mortgage lenders are ready for lower interest rates
Like the traditional futures market, the reverse mortgage industry has been operating in a high interest rate environment for some…
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Real estate
Could mortgage interest rates be even lower?
If we took the worst levels of 2023 spreads and included them today, mortgage rates would be the same 0.59%…
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Real estate
The housing stock decreases as mortgage interest rates decrease
Have we seen the peak in housing inventory before 2024? The best thing about 2024 is that higher mortgage rates…
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Real estate
With a potentially new interest rate environment on the horizon, how will reverse mortgage lenders change?
Federal Reserve Chairman Jerome Powell pointed to a cut in the Federal Funds Rate last week at the Fed’s September…
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Real estate
Has the lower mortgage interest rate already stimulated the demand for housing?
Has the lower mortgage interest rate already had a positive impact on housing demand figures? Some people are very disappointed…
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Real estate
Could mortgage interest rates be even lower?
Mortgage rates have fallen dramatically over the past week without any rate cuts from the Federal Reserve, mainly as the…
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