Housing Wire

JULY 1, 2025

Cooper Courtney Thompson Executive Vice President, Head of Servicing CMG Financial Cristy Ward Strategy Officer Mortgage Connect Chief Diane Yu Chief Executive Officer and Co-founder TidalWave Elisha Elliott Senior Vice President, Customer Experience Constellation1 Elizabeth Balce Executive Vice President, Loan Servicing Carrington Mortgage Services (..)

Title

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.” We see this program as a way to show our broker and principal agent partners that we are aligned with their success.”

Principal

Housing Wire

NOVEMBER 14, 2024

Executive leaders there pointed to the performance of the company’s proprietary loan products and trends in the Home Equity Conversion Mortgage ( HECM ) space as favorable. With several top 10 reverse mortgage lenders now active in some form within the U.S. In the case of FOA — the current industry leader — the earnings results were robust.

Investor

Housing Wire

NOVEMBER 5, 2024

It has an emphasis on first-time homebuyers ; purchase loans through an expanded geographic footprint and partnerships; servicing portfolio scale and retention; operating leverage quality to drive down turn times; and recruiting, developing and retaining the best talent available. “The Department of Veterans Affairs (VA) space.

Purchase and sale agreement

Housing Wire

APRIL 3, 2025

At the core of the dispute was collateral stemming from HECM-backed Securities ( HMBS ) tails the issuance of additional securities backed by the remaining unpaid principal balance of a HECM loan after it has been securitized into an HMBS pool. Tails are not from new loans, but they do represent new amounts lent.

Banks

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

Lending

Housing Wire

APRIL 24, 2025

The HECM Tool a software platform designed to serve as a reverse mortgage sales conversion tool announced this week that it has integrated the proprietary reverse mortgage offering from Smartfi Home Loans into the platforms existing visualization and comparison capabilities.

Mortgages

The Close

NOVEMBER 7, 2024

Crowdfunding: Real estate crowdfunding is when investors pool resources and invest in projects such as new developments or acquisitions. You also want to add overhead expenses like filing your business entity, advertising costs, real estate commissions and finder’s fees, taxes, and mortgage principal and interest.

Hard money loan

Marco Santarelli

DECEMBER 12, 2024

In a significant development for potential homebuyers and those considering refinancing, todays mortgage rates fall again , with the average rates dropping across all major loan categories. Jumbo Loans: Average rate reduced to 6.79% , down from 6.84%. for principal and interest.

Mortgages

Housing Wire

JANUARY 10, 2025

Brown also served as managing director of sales for mortgage technology firm Black Knight , as chief revenue officer for Lift Strategic Partners and as principal for Brown Derby Consulting. I develop, direct, and provide strategic vision for sales and marketing plans for mortgage products and services,” according to her bio.

Principal

Marco Santarelli

DECEMBER 7, 2024

In a significant development for the housing market, today's mortgage rates dopped after the jobs report , reflecting a pivotal shift in the borrowing landscape. For the second consecutive week, mortgage rates have decreased, reaching their lowest levels since October.

Mortgages

Redfin

AUGUST 5, 2025

If you dream of building a large home, a jumbo construction loan may be in your future. Jumbo construction loans are designed to finance constructing a new home up to a certain threshold. What is a jumbo construction loan? Construction-to-permanent loan: The construction loan converts to a mortgage after construction.

Construction

Redfin

MARCH 5, 2025

Review your savings for your down payment , monthly income, and potential loan options to set a realistic price range. It suggests your mortgage payment should be no more than 28% of your gross monthly income , covering principal, interest, taxes, and insurance. The 28/36 rule is a common mortgage budgeting guideline.

Debt-to-income ratio

Redfin

FEBRUARY 28, 2025

While some loans allow down payments as low as 3-5% , many buyers aim for 20% to avoid private mortgage insurance (PMI). Although they can vary based on the loan program, you can typically expect to pay between 2% and 5% of the purchase price as a homebuyer. Estimated PMI on a $336,000 loan (20% down) : $1,680 to $5,040 annually.

Earnest money deposit

Marco Santarelli

APRIL 22, 2025

This development presents an important moment for anyone looking to buy a home or refinance their existing mortgage. For example, if you opt for a 30-year fixed-rate mortgage with a rate of 6.81% , your payments will stay the same throughout the loan term. This predictability can be beneficial for long-term financial planning.

Mortgages

Redfin

JULY 30, 2025

Most homebuyers will need to think ahead about the following costs when estimating how much money is needed to purchase a home: Down payment: The down payment is a percentage of the home’s purchase price, anywhere from 0% to 20% depending on your loan. Several loan options, such as FHA or VA loans, only require a down payment of 3.5%

Pre-approval

Marco Santarelli

APRIL 17, 2025

Variable-rate loans , like ARMs, remain near 7%, offering alternatives to fixed-rate loans. Current Mortgage Rates: Snapshot of April 17, 2025 Loan Type Interest Rate Details 30-year fixed 6.74% The most popular fixed-rate mortgage. 15-year VA 5.84% Short-term VA fixed-rate loan. Shorten loan terms to save on interest.

Mortgages

HomeLight

APRIL 2, 2025

Even if only a small portion of it goes toward your principal loan balance, its typically better than paying rent. Department of Housing and Urban Development. As a homeowner, every mortgage payment you make is an investment in yourself. As of this publication date, the average house price in the U.S. Census Bureau and the U.S.

Principal

AAOA

JULY 10, 2025

But Dale, a developer, wondered whether there could be a different solution. He and his wife, along with 10 other families—including two from the Whidbey Island project—started plotting what the development could look like. And the development would be filled with shared space. They’re all different shapes and sizes.”

Investor

Marco Santarelli

AUGUST 1, 2025

Average Loan Size: The typical loan amount requested in a state can also play a role. Larger loan sizes might sometimes come with slightly different rates. Pay Attention: Keep an eye on the Fed meeting and any new developments from them. Even small differences can add up to big savings over the life of your loan.

Mortgages

Marco Santarelli

APRIL 5, 2025

For instance, when the economy slows down, such as during a recession, demand for loans typically decreases, leading to lower rates as lenders seek to attract borrowers. 30-Year Fixed Mortgages The 30-year fixed mortgage is one of the most common home loan types. Understanding Mortgage Types and Their Rates 1.

Mortgages

Marco Santarelli

JUNE 17, 2025

When securing a 30-year fixed mortgage, this rate means you would pay 6.93% interest over the life of the loan. For a shorter-term option, the 15-year fixed mortgage rate remains stable at 6.01% , appealing for buyers looking to pay off their loans faster. VA Loans : The 30-year fixed VA loan is at 6.52% , an increase of 0.11%.

Mortgages

AAOA

MAY 22, 2025

Get a Free Multifamily Loan Quote Access Non-Recourse, 10+ Year Fixed, 30-Year Amortization GET A FREE QUOTE How to Buy an Apartment Complex (Step-by-Step) Now that you know the basics of the market, lets discusshow to buy an apartment complex. Understand what size loan you can qualify for. Talk to lenders.

Due diligence

Marco Santarelli

APRIL 27, 2025

Now, imagine you have the resources to just walk in, pick your spot, and pay for it right there and then, without needing a loan. The financed offer comes with contingencies (like getting the loan approved, the house appraising high enough). Cash Buyer: No loan needed, appraisal often optional (though still wise!),

Finance

Marco Santarelli

MAY 20, 2025

I've seen first-hand how events, from policy announcements to global trade developments, can send ripples through the market. Factor in closing costs: Account for closing costs, which can include appraisal fees, title insurance, and loan origination fees. Currently, the average rate for a 30-year fixed mortgage is approximately 6.9%

Mortgages

Marco Santarelli

JUNE 16, 2025

Current Mortgage Rates Overview To give you a clear snapshot of the current market, let's look at the mortgage rates being offered for different types of home loans. At the current mortgage rate of 6.94% , your monthly principal and interest payment (just those, not including taxes or insurance) would be around $2,128.

Mortgages

Marco Santarelli

APRIL 5, 2025

I remember when I was first looking to buy, even a small change in the interest rate could have a significant impact on my budget over the life of the loan. You might qualify for a larger loan due to the lower interest rate, but finding a home within your budget at those inflated prices can still feel impossible.

Mortgages

The Close

MAY 6, 2025

Given these, it has one of the best home renovation loans for homeowners and real estate investors wanting financing for large rehabs. Borrow up to 90% of a homes after-repair value (ARV) Visit Renofi RenoFi stands out as one of the best home remodeling loans because of its high potential loan amount of up to $750,000.

Loans

Marco Santarelli

AUGUST 3, 2025

Refinancing rates show a modest decline for 30-year fixed loans to 6.94%, but 15-year fixed refinance rates increased to 5.81%, and 5-year ARM refinance rates rose more noticeably to 7.84%. 15-year fixed mortgage rate rose slightly to 5.77%, showing uneven movement across loan terms. 7.18 -0.14 15-Year Fixed (Mortgage) 5.77 +0.02

Mortgages

Marco Santarelli

AUGUST 6, 2025

These developments create some optimism for borrowers looking for lower borrowing costs. Loan Type Rate 1-Week Change 30-Year Fixed Refi 6.90% -0.03% 15-Year Fixed Refi 5.73% +0.01% 5-Year ARM Refi 7.67% +0.01% What Does This Mean in Real Numbers? by year-end 2025 and 6.1%

Mortgages

Housing Wire

APRIL 9, 2025

On Wednesday, the House of Representatives Committee on Veterans Affairs Subcommittee on Economic Opportunity has scheduled a markup of several veteran-focused pieces of proposed legislation, which includes a bill called the VA Home Loan Program Reform Act. sponsored by subcommittee chairman Rep. Derrick Van Orden (R-Wis.). Mike Bost (R-Ill.)

HR

Redfin

MARCH 5, 2025

Review your savings for your down payment , monthly income, and potential loan options to set a realistic price range. It suggests your mortgage payment should be no more than 28% of your gross monthly income , covering principal, interest, taxes, and insurance. The 28/36 rule is a common mortgage budgeting guideline.

Debt-to-income ratio

Housing Wire

JANUARY 30, 2025

The program would waive title insurance requirements for certain Fannie Mae federally backed mortgage loans. In that time, states have developed their own statutes and regulatory requirements for title insurance that cover underwriting standards, regulation of conduct and unfair contractual terms, and competition and rate regulation.

Title

Housing Wire

OCTOBER 24, 2024

Two days later, Onity announced final details of the transaction that included a price revision to $500 million and an aggregate principal amount of senior notes at 9.875% due in 2029. The price to investors will be 99.556% of the principal amount of the notes.

Principal

Marco Santarelli

MAY 26, 2025

The bond market's reopening later this week may bring further developments in these rates as it reacts to ongoing economic concerns, including the national debt and tariffs affecting the U.S. For instance, for a loan amount of $300,000 at this rate, the monthly payment towards the principal and interest would be approximately $1,974.

Mortgages

Marco Santarelli

JUNE 17, 2025

When securing a 30-year fixed mortgage, this rate means you would pay 6.93% interest over the life of the loan. For a shorter-term option, the 15-year fixed mortgage rate remains stable at 6.01% , appealing for buyers looking to pay off their loans faster. VA Loans : The 30-year fixed VA loan is at 6.52% , an increase of 0.11%.

Mortgages

Marco Santarelli

APRIL 3, 2025

This decline is relevant for both new mortgage borrowers and those considering refinancing their existing loans. Understanding Today's Mortgage Rates Mortgage rates are crucial in determining how much youll pay for a home over the life of your loan. Rate Trends: The market might see fluctuations as economic conditions evolve.

Mortgages