Lower mortgage rates over the past several months have led to increased affordability for prospective homebuyers, and this could lead to an extra competitive fall 2024 season.That’s according to a Zillow report released Thursday in which the Seattle-based real estate company said that “lower mortgag

Compass is adding a new team to its Dallas roster. The real estate brokerage announced this week that the B-W Group is joining up and will operate out of its Park Cities office. The group reportedly tallied $56.8 million in sales volume in 2023. It is led by the mother-daughter team of Michele Balad

Home equity continued to rise in the second quarter of 2024 as residential properties with mortgages collectively gained $1.3 trillion in equity over the past year. But growth began to slow during these three months, according to the CoreLogic Homeowner Equity Insights report published on Thursday.T

The Consumer Financial Protection Bureau (CFPB) has ordered TD Bank to pay $28 million for illegal actions that could tarnish consumer credit reports and for not taking timely action to correct its errors.The CFPB’s investigation found that for several years, TD Bank repeatedly gave inaccurate accou

In a recent episode of the “Real Estate Insiders Unfiltered” podcast, co-hosts James Dwiggins and Keith Robinson chat with HousingWire Lead Analyst Logan Mohtashami to discuss a variety of issues — including pending concerns of a recession, mortgage rates and housing affordability issues that persis

First launched in April of 2020, the Pass-Through Assistance Program (PTAP) was an important initiative designed to provide mortgage servicers with the liquidity needed to endure the financial challenges due to the COVID-19 pandemic. As millions of borrowers struggled to meet their mortgage payments

ICE Mortgage Technology will be sunsetting legacy integrations for its flagship Encompass platform by Oct. 31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and screaming. In an email to partners on Tuesday, ICE said that it will be closing down the Encompass

Michigan-based United Wholesale Mortgage (UWM) has launched proprietary technology that will use artificial intelligence (AI) to send pre-validated refinance opportunities.Dubbed “KEEP,” the system identifies borrowers who can save on their monthly mortgage payments and will automatically communicat

On this crazy day with the bond market, mortgage rates dropped to another yearly low after the CPI inflation print. How low? Mortgage News Daily came out with a shocking print of 6.11% mortgage rates for their top-tier borrowers, while HousingWire’s Mortgage Rates Center, which tracks actual loan lo

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced updates to its manufactured housing construction and safety standards, a move it called the most extensive such updates in three decades as the department seeks to modernize the features of these homes to drive demand.

California-based mortgage lender loanDepot appointed Nancy Smith to lead its Colorado and Wyoming branches as regional vice president of in-market retail.Smith will be responsible for growing sales volume in Colorado, which has the sixth-fastest percentage rate of population growth of all states, an

CMG Home Loans, the retail lending division of CMG Financial, recently made a key hire in its reverse mortgage division by adding industry veteran Kari Van Kleef as its operations manager. The move comes as the company broadens its ambitions for the reverse mortgage division, aiming to put its 1,400

By this point, the information should be second nature: Aging in place is an increasingly common desire among homeowners who want to save money, avoid costly assisted-living facilities, stay connected to their communities or all of the above. As the preference grows, one group — homebuilders — is un

Atlanta is one of the most active and valuable real estate markets in the United States. The city represents over $1 trillion in residential real estate asset value, creating a ripe environment for real estate agents and homebuyers alike. Atlanta also claims the crown as the No. 1 market for millenn

If you were fortunate enough to buy the typical U.S. home in June 2022, you probably locked in about $1,400 a month in mortgage payments. Due largely to higher mortgage rates, that same home today would cost about $2,175 a month. So it’s no surprise that home sales over the last two-plus years have

Mortgage rates have declined for six straight weeks, pushing loan application volume up 1.4% during the week ending Sept. 6, according to the Mortgage Bankers Association (MBA).The MBA’s survey — which covers 75% of all retail residential mortgage applications in the U.S. — found that the seasonally

Tuesday night’s presidential debate — which could be the only one of this election cycle between the Democratic and Republican nominees for the highest office in the land this November — featured a spate of fiery moments between the two candidates. Housing, which has become an issue of focus in the

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In a little more than a week, Federal Reserve policymakers are poised to lower benchmark interest rates for the first time since the start of the COVID-19 pandemic. Ahead of that decision, mortgage rates continued to decline, although a surge of borrowers has yet to appear.At HousingWire‘s Mortgage