Category: Mortgage News

28.46% Credit Card Rates Are Crushing Americans

October 21, 2024

A cash-out finance can offer relief to consumers crushed by debt, but they won’t be coming to you. You need to reach them.

Inflation, Mixed Messages, and Some Great News on Housing Inventory

October 11, 2024

Despite widespread challenges, resilient loan officers and real estate professionals who adapt and persist are likely to experience success in the upcoming fall season and see growth as they enter 2025.

Unpacking North Carolina’s Insurance Rate Surge and Market Implications

October 9, 2024

The proposed 42% insurance rate hike reflects a nationwide trend of rising premiums due to natural disasters and inflation, posing new challenges for homeowners and real estate professionals alike.

Is the Housing Crash Already Here? 12% of FHA Loans Delinquent

October 2, 2024

Amid soaring nominal home values, record-high FHA loan delinquencies, and a lack of long-term economic solutions, signs point to a potential housing market crash that may already be underway, presenting both challenges and opportunities for the mortgage industry.

Constructing Controversy: How Home-builders Are Gaming the System

October 1, 2024

As millions struggle with housing affordability, a handful of homebuilders have amassed billions through questionable practices, raising concerns about industry ethics and the need for increased oversight.

2024 vs. 2007: Déjà Vu in the Housing Market?

September 30, 2024

Despite recent Fed rate cuts, the housing market shows eerily similar conditions to 2007, with high inventory and varying down payment trends across states, presenting both challenges and opportunities for mortgage professionals and homebuyers alike.

Mortgage Industry Crossroads: Repurchases, Rehiring, and Regulatory Shifts

September 26, 2024

Recent data reveals divergent trends in mortgage repurchases between GSEs, cautious hiring by lenders in anticipation of lower rates, and industry challenges balancing reduced workforce capacity with potential increases in loan volumes.