Housing Wire

FEBRUARY 6, 2025

Around the same time , Rithm also struck a $720 million deal for Computershare Mortgage Services and its subsidiary, Specialized Loan Servicing , which brought $136 billion in unpaid principal balance (UPB) to Rithms servicing book. according to Inside Mortgage Finance (IMF). according to Inside Mortgage Finance (IMF).

Loans

Housing Wire

JUNE 18, 2025

billion in unpaid principal balance as of March 31. The data, from Inside Mortgage Finance , reflects only owned servicing assets. The board of directors also intends to approve a special cash dividend of up to $0.25 in 2025, or $0.25 per quarter through the consummation of the merger if it does not close in 2025. Guild originated $5.2

Principal

Housing Wire

OCTOBER 24, 2024

Mutual of Omaha approved brokers and principal agents will have access to five core protections, including a promise that the lender “will not solicit borrowers established within the broker network.” It will also exclude broker-network borrowers from the company’s outbound marketing campaigns. Broker Protect is viewed as a way to do that.

Principal

Housing Wire

JULY 14, 2025

No official plan has been released because the deal is not closed. Chief among their concerns is whether Lakeview-generated leads will be distributed and, critically, how compensation will be structured for these opportunities. When an LO closes a deal there, they receive a small compensation split. I doubt it.

Mortgages

Housing Wire

APRIL 21, 2025

Amid inflation worries, political turmoil and ripple effects from new federal spending cuts , Americans are growing increasingly pessimistic about the economy, housing market and their personal finances, according to a new consumer sentiment survey. director of research and a managing principal at John Burns. Only 34% of U.S.

Principal

Housing Wire

APRIL 22, 2025

His brother, Jeffrey Finn, serves as principal broker, Richmond BizSense reported. His brother, Jeffrey Finn, serves as principal broker, Richmond BizSense reported. Terms of the cash deal were not disclosed, although John Finn said it was backed by third-party acquisition financing.

Brokerage

Housing Wire

NOVEMBER 1, 2024

Whether you’re looking to start a career in real estate, already have one or are involved in real estate transactions, you may find yourself wondering about industry terminology and job titles. The industry acronyms alone look like alphabet soup. So, let’s start with the basics: What is a real estate broker vs. an agent? Let’s dive in!

Agents

Housing Wire

JULY 2, 2025

Just a week ago, Federal Housing Finance Agency (FHFA) Director Bill Pulte issued a directive for Fannie Mae and Freddie Mac to begin preparing their businesses for the use of cryptocurrency in single-family mortgages. In response, originators are weighing the potential hurdles for offering crypto-backed loans.

Mortgages

Housing Wire

FEBRUARY 13, 2025

The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. The deal leaves room for reinvestment via a two-year window, allowing investors to reuse principal payoffs to purchase newlyoriginated loans. billion since 2019. million received a 21.8%

Land

Housing Wire

APRIL 1, 2025

This is roughly in line with other proprietary product offerings in the space from companies such as Finance of America (FOA), Longbridge Financial , University Bank , Smartfi Home Loans and Nationwide Equities. The product line, known as SecureEquity, is available to homeowners as young as age 55.

Mortgages

BAM Media

JANUARY 8, 2025

As a real estate agent, you know how critical financing is to the success of any property transaction. But did you know that the type of financing you choose can significantly impact your bottom line? Lets dive into how lending fees and interest rates can affect your investmentsand how seller financing can help you save big.

Finance

HomeLight

MAY 14, 2025

Looking to sell a house as is” in Vermont? Whether youve got a fixer-upper or recently inherited a relatives home, sometimes the goal is to skip repairs, get a fair offer, and move on. Sometimes, its a home that does not need a lot of work. MLS has a field to mark a listing as is? Real estate transfer taxes?

As-is

Housing Wire

JULY 31, 2025

Qualified clients who finance with Rocket and work with a Redfin agent have a one-point rate reduction in their first year, up to $6,000. Qualified clients who finance with Rocket and work with a Redfin agent have a one-point rate reduction in their first year, up to $6,000. Total liquidity in Q2 2025 was $9.1 billion as of June 30.

Equity

Housing Wire

DECEMBER 17, 2024

The Federal Housing Finance Agency (FHFA) on Tuesday released an update about the sales of non-performing loans (NPLs) through the government-sponsored enterprises (GSEs), saying the data has shown a steady drop in mortgage delinquencies since the start of COVID-19 pandemic. billion through the end of June 2024.

Loans

The Close

NOVEMBER 7, 2024

Investing in real estate may seem as simple as buying a property and collecting money, but it is far more complicated than that. Don’t stop reading, though. I said it was complicated, not impossible! This beginner’s guide will help you understand how to invest in real estate successfully, one step at a time.

Hard money loan

The Close

NOVEMBER 25, 2024

Before diving into the exciting world of house flipping, starting with a solid foundation is essential. This means putting together a detailed business plan that covers everything from getting your operations set up and building your team to evaluating properties and securing funds for your projects.

House Flipping

Marco Santarelli

JANUARY 2, 2025

Calculating Total Cost of Mortgage Over 30 Years Understanding the Basics: Principal and Interest Okay, let's start with the fundamentals. The amount you borrow is called the principal. Here's the thing: a mortgage payment is a mix of principal and interest. More of your payment goes to the principal, and less towards interest.

Mortgages

Marco Santarelli

JANUARY 1, 2025

Mortgage rates are a hot topic for anyone looking to buy a home or refinance an existing mortgage. As of January 01, 2025, the average mortgage rate for a 30-year fixed loan is 7.01%. This rate is a significant factor that affects how much homebuyers will pay each month and the total cost of the loan over the long term.

Mortgages

Marco Santarelli

DECEMBER 20, 2024

For instance, let's look at an example, similar to what lenders use, where you refinance a $250,000 loan with a 30-year term: Mortgage Rate Monthly Payment (Principal & Interest Only) 5.00% $1,342 5.25% $1,380 5.50% $1,420 5.75% $1,459 6.00% $1,499 See the difference? It's all about finding a better deal and saving money in the long run.

Mortgages

Marco Santarelli

DECEMBER 12, 2024

According to data provided by Bankrate, the average rates for 30-year fixed, 15-year fixed, 5/1 adjustable-rate mortgages (ARMs), and jumbo loans all declined, marking a shift in the housing finance market as of December 12, 2024. for principal and interest. 30-Year Fixed Rate: Now at 6.73% , down from 6.79%.

Mortgages

Housing Wire

OCTOBER 31, 2024

Prior to joining the company, Valverde worked for agencies including the Federal Housing Finance Agency (FHFA) and the U.S. He became principal EVP in 2023 before being named acting president upon McCargo’s resignation. As you know, we requested $67 million for salaries and expenses for fiscal year 2025,” he said. “I’m

Principal

Marco Santarelli

MARCH 15, 2025

Let's break down the specifics, referencing data sourced from Zillow, as reported by Yahoo Finance: Loan Type Interest Rate 30-year fixed 6.59% 20-year fixed 6.45% 15-year fixed 5.93% 5/1 ARM 6.85% 7/1 ARM 7.13% 30-year VA 6.15% 15-year VA 5.59% 5/1 VA 6.15% It's important to remember that these are national averages.

Mortgages

The Residential Specialist

MAY 12, 2025

A score above 100 indicates todays mortgage rates are 16% better than historical norms, meaning financing a home is more affordable relative to past decades. Equity Grows with Every Payment Mortgage amortization means each payment reduces the principal balance owed, increasing home equity automaticallya financial advantage renters dont have.

Mortgages

Marco Santarelli

DECEMBER 7, 2024

A 6.69% mortgage rate means that a $300,000 loan would result in approximately $1,934 per month in principal and interest payments compared to $1,967 per month with a previous 6.81% rate, allowing buyers to save about $33 monthly. A primary driver is the bond market, particularly the yield on U.S. Treasury bonds.

Mortgages

Marco Santarelli

APRIL 2, 2025

One of the biggest questions swirling around in potential homebuyers' minds is: How long should you wait for mortgage rates to go down? This is because home prices are also expected to rise, which could eat away any savings from a lower interest rate. So, let's dive into what the experts are saying and what factors you should really be considering.

Mortgages

Marco Santarelli

DECEMBER 27, 2024

As of December 27, 2024, todays mortgage rates reflect a notable increase, with the average 30-year fixed mortgage rate at 6.85%. Although this represents a bump from previous weeks, it remains below the peak levels seen earlier in 2024. For those considering buying or refinancing a home, comprehending the current mortgage environment is essential.

Fixed-rate mortgage

Marco Santarelli

APRIL 22, 2025

By understanding these averages, potential homeowners can make informed decisions about home financing. As of April 22, 2025, mortgage rates are showing a mixed bag of increases and decreases depending on the type of mortgage. Understanding these influences can help borrowers navigate this complex landscape.

Mortgages

Marco Santarelli

DECEMBER 26, 2024

The cost of borrowing can significantly impact your finances, and staying informed helps you make better decisions. Over time, mortgage payments are structured such that in the early years, a larger portion goes toward interest, gradually shifting more toward paying off the principal. How Do Mortgage Rates Work?

Mortgages

Marco Santarelli

MAY 8, 2025

As of today, May 8, 2025, prospective homebuyers and those looking to refinance are seeing a welcome, albeit potentially temporary, dip in borrowing costs. 15-Year Fixed Rate: Currently sitting at 5.97% , a decrease of six basis points. The 30-year fixed refinance rate is at 6.77%.

Fixed-rate mortgage

The Mortgage Report

JUNE 17, 2025

These accounts are FDIC-insured for up to $250,000 per account holder, so your principal is protected even if the bank fails. With such a short window, preserving your principal is more important than chasing after higher returns. How Soon Can I Refinance? How Often Can I Refinance? It Is Worth Refinancing For 0.5%?

FHA 203k rehab loan

The Mortgage Report

JULY 11, 2025

How Soon Can I Refinance? How Often Can I Refinance? It Is Worth Refinancing For 0.5%? Verify your home buying eligibility. Start here In this article (Skip to…) What is special about Q3’s housing market Is it smart to buy with all the government uncertainty? There’s obviously more inventory now than there has been in the past.

FHA 203k rehab loan

Redfin

JUNE 13, 2025

In this Redfin article, we’ll walk you through what’s different as a second-time homebuyer, how to prep your finances, and what strategies ease the transition—whether you’re upgrading in Flagstaff, AZ , downsizing, or just making a change in Fort Worth, TX. In this article: Is it harder to buy a house the second time? In short, yes—and no.

Debt-to-income ratio

Rochester Real Estate

NOVEMBER 5, 2015

PITI stands for principal, interest, taxes, and insurance, which are the critical components of your monthly mortgage payment. PITI stands for principal, interest, taxes, and insurance, which are the critical components of your monthly mortgage payment. Lenders also consider this when assessing your ability to repay a mortgage.

Debt-to-income ratio

The Close

JULY 16, 2025

Utilize installment sales (seller financing) Also called owner financing, this is a method in which the seller provides money to a buyer thanks to the equity in the property. But what exactly is it? You see, when you sell real estate, the profit is referred to as capital gains. In this scenario, they can’t exclude the gain.

Sales

Marco Santarelli

MARCH 29, 2025

Because the interest rate stays the same over the entire 30-year period, homeowners can budget with confidence, knowing their principal and interest payment won't change. Good news for prospective homebuyers and those looking to refinance! The 30-year fixed mortgage rate is currently at 6.59% , down three basis points.

Mortgages

Redfin

MARCH 5, 2025

It suggests your mortgage payment should be no more than 28% of your gross monthly income , covering principal, interest, taxes, and insurance. The prices of homes these days makes one wonder if now is a good time to buy a house. With rising property prices, finding an affordable home can feel like searching for a needle in a haystack.

Debt-to-income ratio

Redfin

JULY 23, 2025

The amount you’ll be required to put down may vary depending on the loan program you use to finance the home purchase. Reduces the mortgage principal, leading to lower monthly payments and total interest over time. While a 20% down payment is often considered standard, that’s not always the case. What is a down payment?

FHA loan