Mortgage rates hit new 6-month low as refinance fee ends, delta variant rages

Mortgage rates hit new 6-month low as refinance fee ends, delta variant rages

Rates on other popular types of home loans are mixed this week, Freddie Mac says. The average for a 15-year fixed-rate mortgage has held steady at
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Real estate crowdfunding company hosting open house Saturday at Mesa investment property

Local real estate crowdfunding company Neighborhood Ventures is hosting a free open house for investors and potential investors. It is 8-10 a.m.
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Gateway First Bank Appoints President Of Mortgage Banking

He currently serves and previously served on a number of advisory boards for Fannie Mae and Freddie Mac. He is also very active in leadership roles
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Citizens Financial to buy valuation consulting firm

The bank said the valuation consulting and forensic analysis firm, which … is selling off its branches as it retreats from the U.S. retail banking market.
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Domestic violence survivor gets help from Indian consulate, Bihar Foundation

Her husband is a man from Bihar on an F-1 visa, given to international students, and works with Freddie Mac in Virginia. On June 15, the woman
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A lot that comes with a natural spring in today's Real Estate Rundown

In this week's Real Estate Rundown UVO Group highlighted a property that comes with two water shares, as well as a natural spring. These are highly
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Commercial real estate vacancies reflect transitional state of Greenville retail scene

That shows up as a vacancy in the report,” said Jimmy Wright, broker at NAI Earle Furman, the Upstate's largest commercial real estate brokerage.
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Banks delay return to office as delta variant surges

Wells Fargo, Truist, and U.S. Bank pushed back the date employees must return to the office, but some major banks remain committed to a rapid return.
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Real Estate Investor Pleads Guilty to Rigging Bids at Foreclosure Auctions

“Real estate investors who take advantage of the foreclosure process to line their own pockets will be held accountable,” said Acting Assistant Attorney
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Here's how experts see the commercial real estate outlook in Arizona

Commercial real estate (CRE) professionals gathered at The Clayton House in Scottsdale on August 5 to hear from industry experts at the 7th Annual
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Did multifamily market meet banner year expectations?

Almost half (46%) of the $359.7 billion of multifamily mortgages originated last year went to mortgage giants Fannie Mae and Freddie Mac. The top five
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The federal foreclosure moratorium has ended. Here's what to do to save your home

… end of July only applied to the roughly two-thirds of borrowers with government-backed mortgages: FHA, VA, Fannie Mae and Freddie Mac loans.
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Open banking, the 'life blood' of fintech and new bank services, is set to arrive in Canada by 2023

The recommendations land at a time when other countries have already blazed ahead, and Canadian fintechs say they are losing opportunities to
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Arrest Made After Murder of Banking Exec in Reseda

Los Angeles Police Department detectives have arrested a 52-year-old man on suspicion of murder hours after Michelle Avan, a banking executive
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Blog: Adapting to change is essential to market survival

LendingMetrics commercial director David Wylie asks why some buy-to-let lenders are wedded to 'outdated back-office systems'. The buy-to-let
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Converse Bank has reduced the interest rate on project lending

(Press release) Converse Bank has revised the terms of loans refinanced by the National Mortgage Company, reducing the lending rate by 0.5% for
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Homepoint on FHFA fee wrangle – “There is a cost to the lender that has to be acknowledged”

As the dust settles in the wake of the recent spat involving two of the country's biggest wholesale lenders, Pendleton, an 18-year mortgage industry
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Small bank seeds green lending with assist from fintech

Virginia Community Capital Bank in Richmond prizes the clean energy lending program it launched five years ago. But as a small community
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Top 10 most read mortgage broker stories this week – 06/08/2021

The week's most read were a heady mix of super-low rates, mortgage broking firm buyouts, the ongoing cladding scandal, lifetime lending and the
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Octane Lending secures $52M series D funding

Powersports fintech Octane Lending raised $52 million in series D funding this week, pushing the company's total equity funding past the $192 million
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