interest
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Real estate
The biggest mortgage interest stories of 2024
2024 was a disappointing year for those looking forward to a cycle of Fed rate cuts and the impact on…
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Real estate
The biggest challenge for the reverse industry in 2024? Mortgage interest
Reverse mortgage activity – and mortgage activity in general – is not where people want it to be. That was…
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Real estate
Mortgage interest rates are falling based on weekly job data
Mortgage rates fell this week and are now far from the levels that were widely discussed after the election. With…
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Real estate
Mortgage applications rise by 6.3% as interest rates level off
Mortgage applications rose 6.3% on a seasonally adjusted basis during the week ended Nov. 22, driven by a 12% increase…
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Real estate
What influence does mortgage interest rates have on the demand for housing?
It’s been almost two months since mortgage rates spiked again, and my first thought was that this would reduce housing…
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Real estate
Investor interest in reverse mortgages in 2025
Big reverse mortgage companies love it Finance of America (FOA) and Ellington financial — the parent company of the reverse…
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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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