Housing Wire

APRIL 4, 2025

Principal agents and closed loan sellers can ask their LOS administrator to add it to their available product menu, the company said. But the variations available to brokers and principal agents differ. Platinum Peak is now available in at least two reverse mortgage loan origination systems (LOS) for brokers.

Mortgages

Housing Wire

JUNE 6, 2025

The new program has $100 million behind it, according to reporting from CBS News , and will be managed by the California Housing Finance Agency (CalHFA). Tom O’Donoghue, principal with Reverse Loans Now , has multiple clients impacted by the recent wildfires and said the program would help.

Mortgages

Housing Wire

JULY 1, 2025

Name Job Title Company Name Abigail Williams Chief Legal Officer Lima One Capital Alexandra Lumpkin Chief Legal Officer The Real Brokerage Ali Haralson President Auction.com Alison Adams Grey Chief of Staff LPT Realty Amy Adams National Real Estate Expert The CE Shop Amy Butler Executive Vice President, National Sales Northpointe Bank Amy Creason Co-founder (..)

Title

Housing Wire

NOVEMBER 1, 2024

We’re excited to share that the FHFA ( Federal Housing Finance Agency ) pilot is expanded to all sellers who do business with Freddie Mac. After exploring other Freddie Mac initiatives, including automated underwriting system (AUS) enhancements, the conversation closes with Mittal sharing his outlook into the 2025 housing market.

Loans

Housing Wire

JUNE 18, 2025

The deal will result in Guild exiting the public markets and becoming a private entity, operating independently but in partnership with Bayview’s servicing company, Lakeview Loan Servicing. billion in unpaid principal balance as of March 31. The data, from Inside Mortgage Finance , reflects only owned servicing assets.

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.

Principal

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

JULY 14, 2025

While Guild focuses on self-generated leads in local markets, it also distributes corporate-generated leads to LOs who are closest to the borrower. Guild’s servicing portfolio stood at $94 billion in unpaid principal balance as of March 31, according to Inside Mortgage Finance.

Mortgages

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. And with more markets under its belt, more funding is an important factor in the company’s future growth. It also launched a new construction financing product for builders.

Land

Housing Wire

NOVEMBER 1, 2024

That can include being a housing market expert and advising clients on the best times to list or buy a home; having referrals handy for inspections, repairs, staging and photography; understanding the mortgage origination process; and more. Also top of the list, agents are marketers. your state’s real estate license exam.

Agents

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 1, 2025

The current reverse mortgage industry market leader, Mutual of Omaha Mortgage , announced on Tuesday that it has launched a new proprietary reverse mortgage product, with initial availability in California and Florida. It will also exclude broker-network borrowers from the companys outbound marketing campaigns.

Mortgages

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. Rocket is adding nearly 150 loan officers from Bay Equity Home Loans , a Redfin subsidiary, enhancing its presence in local markets.

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

Key Takeaways: Take your time to research the market before you invest. This plan should outline your strategy, goals, target markets, and types of investments. Analyzing market trends and competitive positioning is also essential. Real estate investment trust (REIT): REITs are paper assets that trade on the stock market.

Hard money loan

The Close

NOVEMBER 25, 2024

However, returns will vary depending on the location, property values, and the current real estate market conditions. Open a Business Bank Account Once you have your EIN, set up a business bank account to separate your personal and business finances. It’s common for flippers to aim for an ROI of 20%.

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

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. The decline in mortgage rates indicates buoyancy in the market.

Mortgages

Marco Santarelli

JANUARY 1, 2025

As the Fed adjusts its rate in response to economic conditions, those changes ripple through the lending market. Although the Fed lowered rates recently, market sentiment suggests future hikes could keep mortgage rates elevated. Understanding how today's rates translate into real costs is vital for anyone looking to secure financing.

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? But if you do it right, it can have a positive impact on your finances.

Mortgages

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. This shift signals a responsive market reacting to economic data, potentially benefiting millions of homebuyers looking to navigate an increasingly complex housing environment.

Mortgages

Housing Wire

OCTOBER 31, 2024

Funding for 2024 is already having a stabilizing effect on Ginnie Mae, he explained, but additional resources will help the company to serve the mortgage industry and market more reliably. “As Prior to joining the company, Valverde worked for agencies including the Federal Housing Finance Agency (FHFA) and the U.S.

Principal

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

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

Marco Santarelli

APRIL 2, 2025

Making Sense of the Market Understanding Today's Mortgage Rate Landscape As of early April 2025, the average rate for a 30-year fixed mortgage sits around 6.72% , according to data from Bankrate. The Housing Market Wildcard: Rising Home Prices Here's where things get a bit more complicated. It's a bit of a Catch-22.

Mortgages

Marco Santarelli

DECEMBER 27, 2024

Sam Khater, Freddie Macs Chief Economist, suggests that while there are slight improvements in new and existing home sales, a significant undersupply of homes continues to challenge the market. This stability provides predictability in monthly payments and can be an attractive option in a fluctuating market.

Fixed-rate mortgage

Marco Santarelli

APRIL 22, 2025

By understanding these averages, potential homeowners can make informed decisions about home financing. For instance, recently, concerns about inflation resulting from market changes have heightened speculation, which can impact how lenders set their rates. Market Volatility : April has been a volatile month for mortgage rates.

Mortgages

AAOA

AUGUST 7, 2025

Multifamily Bridge Loans: What Real Estate Investors Need to Know In today’s competitive market, real estate investors often need fast, flexible finance solutions to secure deals. These commercial bridge loans are designed to bridge the gap between the time a property is acquired and when long term financing is secured.

Investor

The Mortgage Report

JUNE 17, 2025

Start here Should you keep your down payment in a savings account or try to grow it in the market? Putting your money in a high-yield savings account, CD, or money market account is a low-risk way to save for a down payment while still earning some interest. Check your current home buying options.

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 a buyer’s market : There are more homes available than buyers looking to purchase.

Debt-to-income ratio

Marco Santarelli

DECEMBER 26, 2024

The cost of borrowing can significantly impact your finances, and staying informed helps you make better decisions. Adjustable-Rate Mortgages (ARMs) These mortgages have a fixed initial rate for a certain number of years, after which the rate adjusts periodically based on market conditions. How to Get a Low Mortgage Interest Rate?

Mortgages

The Mortgage Report

JULY 11, 2025

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? How massive that is really does depend on the market and the price points. But that is really market dependent. The housing market in the U.S. The housing market in the U.S.

FHA 203k rehab loan

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. Additionally, these homes often face less competition, giving you an edge in a market with high demand. The 28/36 rule is a common mortgage budgeting guideline.

Debt-to-income ratio

Marco Santarelli

MAY 8, 2025

Refinance Rates: Mirroring the purchase market, refinance rates have also seen a decrease. A Closer Look at Today's Mortgage Rates The housing market, a cornerstone of our economy, is incredibly sensitive to fluctuations in interest rates. 5 years in a 5/1 ARM) and then adjusts periodically based on prevailing market conditions.

Fixed-rate mortgage

Marco Santarelli

MARCH 29, 2025

For those in the market to purchase a new home, this small reduction in rates can translate to modest savings over the life of the loan. 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.

Mortgages

Marco Santarelli

MARCH 31, 2025

This means your principal and interest payment never changes, offering predictability which many homeowners value. Important Note: These calculations show only the principal and interest (P&I) portion of the payment. This substantial payment reflects the reality of higher-priced housing markets or larger home purchases.

Mortgages