For many would-be home buyers, the biggest obstacle isn't the income to cover the mortgage or the credit score to qualify for one. It's the huge pile of cash you have to hand over on closing day. A first home — especially in a high-cost city — demands not just that you make enough to cover the payments, but also that you have a lot to start with.
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Latest Analysis: Rate Rally Reverses, But Focus on Bigger Picture | ||||||||||||||||||||||||||||||||||||||||||||
| Mortgage And Real Estate News | ||
| Valuation, Price Specials, Referral Tools; In-Person Events; Slow Economy E... “Many people told Beethoven that he would never be a musician because he was deaf. Did he listen?” This week hundreds of mortgage bankers descend on Washington DC for the annual advocacy conference or... | ||
| Rate Rally Reverses, But Focus on Bigger Picture This week is ending with the average top tier 30yr fixed mortgage rate at its lowest level since early October, 2024. The only way to be disappointed about that would be to focus on the fact that rate... | ||
| Mortgage Applications Ebbed This Week, But Next Week Could Be a Different S... The Mortgage Bankers Association (MBA) released the latest mortgage application data this week showing a modest 1.6% decrease from the previous week. A slight uptick in purchase applications was... | ||
| Subservicer, Non-Agency Products; Trigger Leads, HECM, FHA News; Does a Slo... Ahead of next week’s MBA Advocacy event in Washington DC, I received this note from an industry vet. “With the continued consolidation into the large non-banks, are you hearing any rumbling about the ... | ||
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