Mortgage Rates Up to New Highs For 2019

Mortgage Rates Up to New Highs For 2019

Mortgage rates jumped a bit today, as lenders got caught up with the bond market movements from last Friday. It's fair to wonder why they wouldn't
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Finance of America Reverse eliminates key feature on proprietary reverse mortgage HELOC

Just two months after unveiling its HomeSafe Select – the only reverse mortgage HELOC on the market – Finance of America Reverse has eliminated
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DC program aims to help furloughed feds with mortgage payments

WASHINGTON — Furloughed federal workers who live in the District could be getting help with their mortgages from the D.C. government.
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What CEOs Can Learn from Starbucks' Chief About Crisis Leadership

Johnson tells Fortune, reflecting on the chain of events that took place several months ago. “We did not live up to our mission, our values, and how this
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How do gold prices affect mortgage rates?

If you're planning to buy or refinance a home, you're probably looking at mortgages. You may be wondering why interest rates rise and fall so much,
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Newbury launches retirement interest-only mortgage

Newbury Building Society has launched its first retirement interest-only mortgage for borrowers aged 60 and over.
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WSJ: Mortgage market sees resurgence of unconventional loans

Also known as non-qualified mortgages, or non-QM, these loans accommodate borrowers whose unusual circumstances mean they don't have a
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The Latest in Mortgage News

As we do each month, we've rounded up some of the latest real estate and mortgage-related news from the past few weeks:
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Millions of bank loan and mortgage documents have leaked online

The server, running an Elasticsearch database, had more than a decade's worth of data, containing loan and mortgage agreements, repayment
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Company buying homes of distressed mortgage holders not flipping them for a quick profit, says …

The management of a company established to buy the homes of distressed mortgage holders and rent them back to their former owners insists that it
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Performance Mortgage announces organizational changes

GREENVILLE – Local mortgage broker Performance Mortgage revealed its new logo and website, coinciding with changes to the ownership team and
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Best Houston Mortgage Lenders of 2019

Houston mortgage lenders serve a wide range of borrowers. First-time home buyers snagging a condo in the walkable EaDo, commuting suburbanites
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Fewer Mortgage Applications Last Week

The Refinance Index decreased five percent from the previous week and the refinance share of mortgage activity decreased to 44.5 percent of total
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Rising mortgage rates will have little effect on home purchases: S&P

Rising mortgage rates will only be “a mild deterrent” to home purchase activity during 2019 as other indicators like price and demand will cancel that
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Mortgage seekers of color pay more fees to white brokers

Mortgage seekers from minority groups may pay more in fees than similarly qualified white borrowers, report researchers. In a study, the researchers
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Why Open A Reverse Mortgage Before It Is Actually Needed?

Exhibit 1.1 below provides an illustration of the impact of opening a reverse mortgage at different points in time using a few basic assumptions.
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Mortgage applications decrease as rising rates reduce loan demand

Mortgage application activity decreased from one week earlier as rising interest rates cooled borrowers' interest in getting a loan, according to the
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Starbucks Teaming Up With Uber Eats to Bring Coffee to Your Door

Soon, you won't need to leave your home or office to get your favorite coffee drink from Starbucks. The American coffee chain announced Tuesday the
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Q&A: Celink's Jason McNamara on the challenges facing reverse mortgage servicers

Reverse mortgage servicing differs vastly from traditional mortgage servicing, and thanks to program changes issued by the Department of Housing
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US To Request Huawei CFO's Extradition from Canada

The U.S. will officially request the extradition of Huawei chief financial officer Meng Wanzhou from Canada. Canada's ambassador to the US, David
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