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You’ve done everything right: found the home, locked your rate, and circled your closing date on the calendar. Then the government shutdown.
It’s natural to wonder, will this derail your mortgage closing?
The short answer is most hom...
Mortgage execs advise lenders to embrace technology or risk falling behind
Lenders were urged to embrace technology and adapt to a changing mortgage market at HousingWire‘s 2025 Mortgage Banking Summit. Experts warn that failing to evolve...
A federal grand jury has indicted New York State Attorney General Letitia James on mortgage fraud allegations, as President Donald Trump’s administration has escalated its pursuit of a political adversary.James was indicted on charges of bank...
Why this matters: Declining DFPI licensee numbers, and the fees they charge, means the remaining individuals need to pick up the slack — with their wallets. DFPI licensees conducting mortgage-related activity will need to earmark $15,000 in t...
Trends in historical mortgage rates
After years of rising home prices and elevated mortgage rates, 2025 is finally bringing relief for buyers. Mortgage rates have dropped noticeably in recent months, aided by the Federal Reserve’s Se...
A combination of factors this week will have all eyes on the Federal Reserve’s meeting on Sept. 16–17 and whether any drop in interest rates will happen. First, inflation data was mixed. Although producer prices fell after a hefty uptick in...
Here is the third post in our new study series — Down payment download — detailing the monthly mortgage costs and benefits a persistent buyer achieves when prepared and shopping smart for sensible mortgage financing. This series is designe...
You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.
On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It ...
How much higher are current investment property interest rates?
Investment property mortgage rates are usually 0.5% to 1% higher than primary mortgage rates. In today’s market, borrowers often face rates of 7.5% or higher for an investmen...
Why this matters: Real estate agents build their practice, give better advice to their clients and provide clients with reasons for making decisions when agents look into readily available market data. Today’s deeply-rooted uncertainty throug...