Automatic Website Traffic RSS

Mortgage Rates Are on the Rise. So Are Home Sales, and Prices.

Mortgage rates recently passed 7% for the first time this year, according to Freddie Mac data. The 10-year Treasury yield, a mortgage-rate benchmark, suggests more near-term gains are on their way. read more

Pending home sales see unexpected jump in March, despite rising mortgage rates

U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday. read more

‘Mortgage rate lock’ keeps buyers parked in homes they no longer want

It’s pretty hard to trade up today. You’re going to pay more for the house, and you’re going to pay much more for the mortgage.” ... read more

Mr. Cooper Group taps former Wells Fargo, Citigroup vet as new chief investment officer

Ranjit Bhattacharjee comes to Mr. Cooper Group from Wells Fargo, where he worked as executive vice president and head of capital markets and correspondent lending for the San Francisco-based financial ... read more

Kristen Sieffert leads the reverse mortgage presence at The Gathering

FOA's president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona. read more

Norcom Mortgage’s core reverse team elects not to join CMG Financial

John Luddy and core members of his Norcom reverse mortgage team will not move to CMG Financial with the recent acquisition, they said. read more

NatWest earnings retreat from 2023 highs after mortgage rates dip

NatWest earnings retreat from 2023 highs after mortgage rates dip - The group revealed an operating pre-tax profit of £1.3 billion over the first three months of the year, down from £1.8 billion the ... read more

Zillow Home Loans Review 2024: A Simple Online Mortgage Experience for Well-Qualified Borrowers

Zillow Home Loans offer a simple online mortgage experience, including prequalification with only a soft credit inquiry. But its minimum credit score criteria is a bit stricter than some other lenders ... read more

What will happen to mortgage rates after the Fed's April meeting? Expert predictions vary

The next time the Fed meets will be from April 30 to May 1, and while most experts expect the central bank to hold rates steady, the Fed's forecasts and commentary could have a more immediate effect ... read more

NatWest Group's profits decrease by more than a quarter as mortgage rates fall

The bank said that customer deposits increased by £2billion in the first quarter, reflecting growth in both savings and current account balances since the end of 2023 ... read more

NatWest says it retreated from race towards cheaper mortgage deals last year

The banking group said new mortgage lending totalled £5.2 billion in the first three months of the year, down from £9.9 billion the previous year. read more

Current mortgage rates 2024

“Keeping your credit card balances under 20% of the credit limit is the key to maintaining a good score,” says Stephen Rinaldi, a licensed mortgage broker and president of the Rinaldi Group LL ... read more