Mortgage
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Real estate
Lower mortgage rates attract more home buyers
An often misplaced premise that I see on social media is that lower mortgage rates do nothing for housing demand.…
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Real estate
How a DC-based reverse mortgage relief program was revived
At the end of August the District of Columbia Housing Finance Agency (DCHFA) announced that it has relaunched its Reverse…
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Real estate
What ICE’s Encompass bomb means for the mortgage industry
ICE mortgage technology will retire legacy integrations for its flagship Encompass platform on October 31, 2025, modernizing the mortgage market…
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Real estate
Rocket Mortgage plans to double its purchasing market share by 2027
Rocket companiesthe parent of Rocket mortgagehas set ambitious goals to grow market share by 2027 using its multichannel reach, origination…
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Real estate
Guild’s Jim Cory on the company’s ambitious reverse mortgage rebrand
Last week, Guild Mortgage has announced a range of products called ‘Flex Payment Mortgage’. The brand includes Home Equity Conversion…
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Real estate
CFPB director open to changing mortgage rules to fix refi process
The mortgage industry has complained loudly and often that government regulation and investor demands are contributing to rising costs passed…
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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
Mortgage rates did not drop after the jobs report
Mortgage rates were flat after a jobs report Friday showed the labor market continues to cool. Mortgage rates for homebuyers…
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Real estate
The yo-yo ride for reverse mortgage volume continued in August
The reverse mortgage industry is pushing ahead with a chance of lower interest rates later this month. While there were…
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Real estate
A drop in mortgage rates to 5% would bring a large number of buyers back into the market
The falling mortgage interest rate has not yet been able to break through the barrier in the stagnant housing market,…
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